TIDMIPO

RNS Number : 1160O

IP Group PLC

04 February 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                    IP Group 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                                 x 
------------------------------------------------------------  ------------------------------- 
 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): 
----------------------------------------------------------    ------------------------------- 
 3. Full name of person(s)                                     Woodford Investment Management 
  subject to the                                                               LLP (Woodford) 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                                           Clients of Woodford 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                                        03.02.2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                                           04.02.2016 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                      12% 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 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) 
-------------      -----------    -----------    ---------------  ---------------  ------------  ------------  ----------- 
 
 GB00B128J450   67,367,486       67,367,486         67,917,126      67,917,126                       12.0% 
               ---------------  ---------------  ---------------  ---------------  ------------  ------------  ----------- 
 
 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 
-------------------------------------------------  ----------------------------------------------------------------------- 
                    67,917,126                                                      12.0% 
-------------------------------------------------  ----------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------- 
 
                                            Woodford, as Investment Manager 
 
 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:                                               Greg Smith 
-------------------------------------------------------------  ------------ 
 15. Contact telephone number:                                  02074440050 
-------------------------------------------------------------  ------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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