Motif Bio PLC Holding(s) in Company (2342P)
August 30 2017 - 2:00AM
UK Regulatory
TIDMMTFB TIDMAMP
RNS Number : 2342P
Motif Bio PLC
30 August 2017
30 August 2017
Motif Bio plc
("Motif" or the "Company")
Motif Bio plc (AIM: MTFB), the clinical stage biopharmaceutical
company specialising in developing novel antibiotics, announces
that it was informed on 29 August 2017 by Amphion Innovations plc
("Amphion") that 1,700,000 ordinary shares in the Company had been
sold in respect of a partial repayment of a loan facility.
Following this sale, Amphion holds 41,540,645 ordinary shares of
Motif Bio, representing 15.8% of the issued share capital. Further
details of Amphion's loan facility, which is secured by a pledge
over Amphion's interest in a total of 40,761,625 ordinary shares in
Motif Bio, may be found in an RNS announcement released by Amphion
today. The TR-1 disclosure is set out below.
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
----------------------------------------------------------------------------------------
1. Identity of the issuer or Motif Bio 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)
subject to the Amphion Innovations plc
notification obligation:
(iii)
----------------------------------------------------------- ---------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
----------------------------------------------------------- ---------------------------
5. Date of the transaction August 25 2017
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ---------------------------
6. Date on which issuer August 29 2017
notified:
----------------------------------------------------------- ---------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 16%
----------------------------------------------------------- ---------------------------
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)
-------------- ----------- ----------- ------------- ------------- ---------- --------------- -----------
GB00BVVT4H71 43,240,645 43,240,645 15.8%
--------------- --------------- ---------- --------------- -----------
41,540,645 41,540,645
-------------- ----------- ----------- ------------- ------------- ---------- ----------- ---------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(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)
---------------- ------------- ------------- --------------- --------------------------- --------------------------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
-------------------------------------------------- --------------------------------------------------------------------
41,540,645 15.8%
-------------------------------------------------- --------------------------------------------------------------------
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: Charlie Morgan
------------------------------------------------------------- ------------------
15. Contact telephone number: +1 (212) 210 6224
------------------------------------------------------------- ------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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