TIDMIPO

RNS Number : 7029F

IP Group PLC

29 July 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                                           IP Group plc 
  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) subject                                               Woodford Investment Management LLP 
  to the 
  notification obligation: (iii) 
-------------------------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-------------------------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed 
  or 
  reached: (v)                                                                                           27/07/2016 
-------------------------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                                                       28/07/2016 
-------------------------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                                            13% 
-------------------------------------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type       Situation previous               Resulting situation after the triggering 
  of               to the triggering                transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  -------------------------------  ---------------------------------------------------------------------- 
                  Number           Number          Number        Number of voting              %of voting rights(x) 
                   of               of              of shares     rights 
                   Shares           Voting 
                                    Rights 
-------------    ---------------  --------------  ------------  ----------------------------  -------------------------- 
                                                   Direct        Direct (xi)      Indirect     Direct        Indirect 
                                                                                  (xii) 
-------------      -----------      ------------  ------------  ---------------  -----------  ------------  ------------ 
 GB00B128J450     73,102,205       73,102,205      73,991,339    73,991,339                    13.09% 
---------------  ---------------  --------------  ------------  ---------------  -----------  ------------  ------------ 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of            Expiration       Exercise/                       Number of voting          % of voting 
 financial           date (xiii)      Conversion Period               rights that may           rights 
 instrument                           (xiv)                           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        % of voting 
 financial      price            date (xvii)       Conversion      voting            rights (xix, 
 instrument                                        period          rights            xx) 
                                                   (xviii)         instrument 
                                                                   refers to 
-------------  ---------------  ----------------  --------------  ---------------  ------------------------------------- 
                                                                                    Nominal                  Delta 
-------------  ---------------  ----------------  --------------  ---------------  -----------------------  ------------ 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  -------------------------------------------------------- 
  73,991,339                                                     13.09 % 
--------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 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:                                                              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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