7th Oct 2009 11:52
For immediate release |
7 October 2009 |
Neuropharm Group plc
("Neuropharm" or the "Company")
TR-1: Notification of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Neuropharm Group plc |
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2. Reason for the notification |
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Other (please specify): Movement of holdings between Direct and Indirect |
Yes |
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3. Full name of person(s) subject to the notification obligation: |
Lloyds Banking Group plc |
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4. Full name of shareholder(s) (if different from 3.): |
See Section 9 |
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5. Date of the transaction and date on which the threshold is crossed or reached: |
2 October 2009 |
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6. Date on which issuer notified: |
6 October 2009 |
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7. Threshold(s) that is/are crossed or reached: |
Direct/Indirect remains above 9% (Direct to increase to above 4% and Indirect decrease to below 6%) |
8. Notified details: |
A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares Direct |
Number of voting rights |
% of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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GB00B1NPJJ01 |
3,031,093 |
3,031,093 |
1,328,393 |
1,328,393 |
1,708,222 |
4.212% |
5.417% |
B: Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted |
% of voting rights |
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|
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Exercise price |
Expiration date |
Number of voting rights instrument refers to |
% of voting rights |
Total (A+B+C) |
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Number of voting rights |
% of voting rights |
3,036,615 |
9.629% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
3,036,607 shares (9.629%) are under the control of Insight Investment Management (Global) Limited, a wholly owned subsidiary of Insight Investment Management Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct/ Indirect Interests). Within these holdings 22,658 shares (0.072%) are managed on behalf of Clerical Medical Managed Funds Limited a wholly owned subsidiary of Clerical Medical Investment Group Limited, and a further 1,305,727 shares (4.140%) are managed on behalf of Clerical Medical Investment Group Limited, a wholly owned subsidiary of HBOS Financial Services Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc. These holdings are therefore disclosed as an overall Direct Interest. |
Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
11. Number of voting rights proxy holder will cease to hold: |
N/A |
12. Date on which proxy holder will cease to hold voting rights: |
N/A |
13. Additional information: |
Notification using the Total Voting Rights figure of 31,536,697 |
14. Contact name: |
Kenny Melville |
15. Contact telephone number: |
0131 243 5301 |
Related Shares:
Lloyds