TIDMAGL

RNS Number : 4527B

Angle PLC

04 April 2017

 
 For immediate release    4 April 2017 
 

ANGLE plc ("the Company")

Holding(s) in Company

The Company has been informed by Lombard Odier Investment Managers group ("Lombard") that, following its recent acquisition of Henderson Volantis from Henderson Global plc ("Henderson"), Lombard has acquired ordinary shares in the Company via an in-specie transfer of accounts managed by Henderson on a discretionary basis to Lombard. Further information is set out below.

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                                       ANGLE Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  ---------------------------------------------- 
 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                                              Transfer of accounts managed on a               X 
  specify):                                                 discretionary basis by Henderson Group 
                                                            Plc to Lombard Odier Investment Managers 
                                                            group 
---------------------------------------------------------  ---------------------------------------------- 
 3. Full name of person(s)                                                     Lombard Odier Asset Management 
  subject to the                                                                             (Europe) Limited 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------------------ 
 4. Full name of shareholder(s)                                              Disclosure on behalf of accounts 
  (if different from 3.):(iv)                                                      managed on a discretionary 
                                                                            basis by Lombard Odier Investment 
                                                                                              Managers group. 
-----------------------------------------------------------  ------------------------------------------------ 
 5. Date of the transaction                                                                        01/04/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------------------ 
 6. Date on which issuer                                                                           03/04/2017 
  notified: 
-----------------------------------------------------------  ------------------------------------------------ 
 7. Threshold(s) that is/are                                                                         above 5% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------------------------------ 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous              Resulting situation after the 
  of              to the triggering               triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ------------------------------  --------------------------------------------------------- 
                 Number          Number          Number         Number of              % of voting 
                 of               of              of shares      voting                 rights (x) 
                 Shares           Voting                         rights 
                                  Rights 
--------------  --------------  --------------  -------------  ---------------------  ------------------- 
                                                 Direct         Direct     Indirect    Direct    Indirect 
                                                                (xi)        (xii) 
--------------    ------------   ------------   -------------  ---------  ----------  --------  --------- 
 GB0034330679                                                              5,899,164             7.88% 
                                                                          ----------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------- 
 Type of           Expiration     Exercise/                      Number of voting      % of voting 
  financial         date           Conversion                     rights that           rights 
  instrument        (xiii)         Period (xiv)                   may be 
                                                                  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       % of voting 
  financial        price         date           Conversion       rights instrument      rights (xix, 
  instrument                     (xvii)         period           refers to              xx) 
                                                (xviii) 
---------------  -------------  -------------  --------------  ---------------------  ------------------- 
                                                                                       Nominal   Delta 
---------------  -------------  -------------  --------------  ---------------------  --------  --------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------- 
 Number of voting rights                          Percentage of voting rights 
-----------------------------------------------  -------------------------------------------------------- 
 5,899,164                                        7.88% 
-----------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ----------------- 
 11. Number of voting rights proxy 
  holder will cease to hold: 
-------------------------------------------------------------  ----------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  ----------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  ----------------- 
 14. Contact name:                                                   Kiran Bassi 
-------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                  +44 20 3206 6000 
-------------------------------------------------------------  ----------------- 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                           ANGLE Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  --------------------------- 
 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                                              In specie transfer out       X 
  specify): 
---------------------------------------------------------  --------------------------- 
 3. Full name of person(s)                                        Henderson Group plc 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------------- 
 5. Date of the transaction                                          31 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------- 
 6. Date on which issuer                                              3 April 2017 
  notified: 
-----------------------------------------------------------  ----------------------------- 
 7. Threshold(s) that is/are                                            Below 5% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ----------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous          Resulting situation after the 
  of              to the triggering           triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------  -------------------------------------------------------- 
                 Number        Number        Number        Number of              % of voting 
                  of            of            of            voting                 rights (x) 
                  Shares        Voting        shares        rights 
                                Rights 
--------------  ------------  ------------  ------------  ---------------------  ------------------- 
                                             Direct        Direct   Indirect      Direct    Indirect 
                                                           (xi)      (xii) 
--------------  ------------  ------------  ------------  -------  ------------  --------  --------- 
                                                                       Below                 Below 
   Ordinary       4,205,074     4,205,074                                5%                    5% 
                ------------  ------------  ------------  -------  ------------  --------  --------- 
 GB0034330679 
--------------  ------------  ------------  ------------  -------  ------------  --------  --------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of         Expiration    Exercise/                   Number of voting       % of voting 
  financial       date          Conversion                  rights that            rights 
  instrument      (xiii)        Period (xiv)                may be 
                                                            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       % of voting 
  financial       price        date          Conversion     rights instrument      rights (xix, 
  instrument                   (xvii)        period         refers to              xx) 
                                             (xviii) 
--------------  ------------  ------------  ------------  ---------------------  ------------------- 
                                                                                  Nominal   Delta 
--------------  ------------  ------------  ------------  ---------------------  --------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                     Percentage of voting rights 
------------------------------------------  -------------------------------------------------------- 
                 Below 5%                                           Below 5% 
------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------------------- 
 
   See Annex 1 below. 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  -------------------------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold: 
-------------------------------------------------------------  -------------------------------------- 
 12. Date on which proxy holder will 
  cease to hold voting rights: 
-------------------------------------------------------------  -------------------------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  -------------------------------------- 
 14. Contact name:                                              HGIThresholdDisclosures@henderson.com 
-------------------------------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                              020 7818 1818 
-------------------------------------------------------------  -------------------------------------- 
 
 
 
 Annex 1: Information in relation to the person subject 
  to the notification obligation (please tick the applicable 
  box): 
 
  [ ] Person subject to the notification obligation is 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer.(xiii) 
 
  [X] Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or legal 
  entity(xiv) : 
       Name(xv)            % of voting          % of voting            Total of both 
                           rights if it        rights through           if it equals 
                           equals or is     financial instruments       or is higher 
                           higher than          if it equals         than the notifiable 
                          the notifiable        or is higher              threshold 
                            threshold        than the notifiable 
                                                  threshold 
----------------------  ----------------  -----------------------  --------------------- 
 Henderson Group            Below 5%                 -                    Below 5% 
  plc, Henderson 
  Group Holdings 
  Asset Management 
  Limited, HGI 
  Asset Management 
  Group Limited, 
  Henderson Global 
  Group Limited, 
  Henderson Holdings 
  Group Limited, 
  HGI Group Limited, 
  Henderson Global 
  Investors (Holdings) 
  Limited, AlphaGen 
  Capital Limited 
----------------------  ----------------  -----------------------  --------------------- 
 
 Henderson Group            Below 5%                 -                    Below 5% 
  plc, Henderson 
  Group Holdings 
  Asset Management 
  Limited, HGI 
  Asset Management 
  Group Limited, 
  Henderson Global 
  Group Limited, 
  Henderson Holdings 
  Group Limited, 
  HGI Group Limited, 
  Henderson Global 
  Investors (Holdings) 
  Limited, Henderson 
  Global Investors 
  Limited 
----------------------  ----------------  -----------------------  --------------------- 
 

For further information:

 
 ANGLE plc                             01483 685830 
 Andrew Newland, Chief Executive 
  Ian Griffiths, Finance Director 
 Cenkos Securities 
  Stephen Keys (Nominated adviser), 
  Steve Cox 
  Russell Kerr (Sales)                 020 7397 8900 
 WG Partners 
  David Wilson 
  Claes SpÄng                     020 3705 9330 
 FTI Consulting 
  Simon Conway, Mo Noonan, 
   Stephanie Cuthbert                   020 3727 1000 
  Kimberly Ha (US)                       001 212 850 5612 
 

For Frequently Used Terms, please see the Company's website on http://www.angleplc.com/the-parsortix-system/glossary/

Notes for editors

   About ANGLE plc     www.angleplc.com 

ANGLE is a specialist medtech company commercialising a disruptive platform technology that can capture cells circulating in blood, such as cancer cells, even when they are as rare in number as one cell in one billion blood cells, and harvest the cells for analysis.

ANGLE's cell separation technology is called the Parsortix(TM) system and it enables a liquid biopsy (simple blood test) to be used to provide the cells of interest. Parsortix is the subject of granted patents in Europe, the United States, Canada, China, Japan and Australia and three extensive families of patents are being progressed worldwide. The system is based on a microfluidic device that captures live cells based on a combination of their size and compressibility. Parsortix has a CE Mark for Europe and FDA authorisation is in process for the United States.

ANGLE has established formal collaborations with world-class cancer centres. These Key Opinion Leaders are working to identify applications with medical utility (clear benefit to patients), and to secure clinical data that demonstrates that utility in patient studies. Details are available here http://www.angleplc.com/the-company/collaborators/

The analysis of the cells that can be harvested from patient blood with ANGLE's Parsortix system has the potential to help deliver personalised cancer care offering profound improvements in clinical and health economic outcomes in the treatment and diagnosis of various forms of cancer.

The global increase in cancer to a 1 in 3 lifetime incidence is set to drive a multi-billion dollar clinical market. The Parsortix system is designed to be compatible with existing major medtech analytical platforms and to act as a companion diagnostic for major pharma in helping to identify patients that will benefit from a particular drug and then monitoring the drug's effectiveness.

As well as cancer, the Parsortix technology has the potential for deployment with several other important cell types in the future.

ANGLE stock trades on the AIM market of the London Stock Exchange under the ticker symbol AGL and in New York on the OTC-QX under the ticker symbol ANPCY. For further information please visit: www.angleplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 04, 2017 02:01 ET (06:01 GMT)

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