29th Jan 2008 11:11
Vernalis PLC29 January 2008 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): Vernalis PLC 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: ( X ) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) 3. Full name of person(s) subject to the notification obligation (iii): BVF Partners LP 4. Full name of shareholder(s) (if different from 3.) (iv): Morgan Stanley & Co - 16,199,000 Bear Stearns Securities Corp - 13,517,890 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v): 25th January 2008 6. Date on which issuer notified: 28th January 2008 7. Threshold(s) that is/are crossed or reached: 9% 8. Notified details: N/A A: Voting rights attached to shares Class/type of shares if possible Situation previous to theusing the ISIN CODE Triggering transaction (vi) Number of Number of voting shares Rights (viii) Ordinary 5p NOT ADVISED NOT ADVISEDGB 0032750324 Resulting situation after the triggering transaction (vii) Class/type of shares Number of shares Number of voting rights (ix) % of voting rightsif possible using the ISIN CODE Direct (x) Indirect (xi) Direct Indirect Ordinary 5p 29,716,890 29,716,890 9.06%GB 0032750324 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting % of votingfinancial (xiii) Period/ Date (xiv) rights that may be rightsinstrument acquired if the instrument is exercised/ converted. N/A N/A N/A N/A N/A Total (A+B)Number of voting % of votingrights rights 29,716,890 9.06% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): N/A Proxy Voting: 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: The further persons mentioned above who are interested in these shares are BVFInc (the general partner of BVF Partners LP) and Mark Lampart, the controllingshareholder of BVF Inc. 14. Contact name: JAD Slater, General Counsel & Company Secretary 15. Contact telephone number: 0118 977 3133 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Vernalis PLC