10th Feb 2017 07:00
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Revolymer plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | ||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
An event changing the breakdown of voting rights | ||||
Other (please specify): | Acquisition of Parkwalk Advisors by IP Group plc | X | ||
3. Full name of person(s) subject to thenotification obligation: iii | IP Group plc | |||
4. Full name of shareholder(s) (if different from 3.):iv | See section 9 | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 1 February 2017 | |||
6. Date on which issuer notified: | 9 February 2017 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii |
Direct interests: unchanged Indirect interests: 4% reached Combined direct and indirect interests: 15% reached
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8. Notified details: | |||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights
| % of voting rights x | |||||||||||
Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
Ordinary 1p Shares | 11,905,623 | 11,905,623 |
12,317,123
| 9,132,273 | 3,184,850 | 11.61% | 4.05% | ||||||||
GB00B84LVH87 | |||||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
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| Nominal | Delta | |||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
12,317,123
| 15.66% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | |||||||||||||||
Direct interests:
IP2IPO Limited: 9,125,730 Top Technology Ventures Limited: 6,543
IP2IPO Limited and Top Technology Ventures Limited are 100%-owned subsidiaries of IP Group plc.
Indirect interests:
IP Venture Fund: 2,773,350 Share Nominees Limited: 411,500
IP Venture Fund is a limited partnership fund that is managed by Top Technology Ventures Limited, a 100%-owned subsidiary of IP Group plc.
Share Nominees Limited is the legal nominee for shares owned by investors in certain Parkwalk Advisors Limited ("Parkwalk") EIS funds. Parkwalk has the discretion to instruct Share Nominees Limited to exercise the voting and other rights attaching to such shares. Parkwalk is a 100%-owned subsidiary of IP Group plc following its acquisition on 31 January 2017.
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Proxy Voting: | |||||||||||||||
10. Name of the proxy holder: | |||||||||||||||
11. Number of voting rights proxy holder will ceaseto hold: | |||||||||||||||
12. Date on which proxy holder will cease to holdvoting rights: | |||||||||||||||
13. Additional information: | This notification relates to the acquisition of Parkwalk Advisors Limited by IP Group plc.
Based on 78,657,948 Ordinary Shares in issue | ||||||||||||||
14. Contact name: | Greg Smith | ||||||||||||||
15. Contact telephone number: | 020 7444 0050 | ||||||||||||||
Related Shares:
Ip GroupItaconix Plc