Notification of Major Interest in Shares

16th Jan 2012 12:19

For filings with the FSA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are Verona Pharma Plcattached:ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights ¼

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 ¼ Other (please specify): 3. Full name of person(s) subject to the FMR LLC notification obligation:iii 4. Full name of shareholder(s) See attached schedule (if different from 3.):iv 5. Date of the transaction and date on which the threshold is crossed or 11 January 2012 reached: v 6. Date on which issuer notified: 13 January 2012 7. Threshold(s) that is/are crossed or 5% reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type of Situation previous Resulting situation after the triggering shares to the triggering transaction transaction if possible Number Number Number Number of voting % of voting rightsusing of of of shares rights x the ISIN CODE Shares Voting Rights Indirect Direct Indirect Direct Indirect xi xii GB00B06GSH43 11,883,179 11,883,179 18,383,179 18,383,179 5.98 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument date xiii Conversion Period xiv rights that may be rights acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting rights % of voting financial price date xvii Conversion instrument refers to rights xix, xx instrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 18,383,179 5.98

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

See attached schedule Proxy Voting: 10. Name of the proxy holder: FIL Limited 11. Number of voting rights proxy holder will acquire: 6,500,000 12. Date on which proxy holder will acquire voting rights: 11 January 2012 13. Additional Filing due to the placing of shares 6,500,000 fully placed on information: 11/01/2012 14. Contact name: Philip Alexander 15. Contact telephone number: [email protected] / 01737 834624

XLON

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Related Shares:

VRP.L