Revolymer PLC Holding(s) in Company (5474W)
February 10 2017 - 2:00AM
UK Regulatory
TIDMREVO TIDMIPO
RNS Number : 5474W
Revolymer PLC
10 February 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
-------------------------------------------------------------------------------------------------------
1. Identity of the issuer or Revolymer 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):
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An acquisition or disposal of voting rights
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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
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An event changing the breakdown of voting rights
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Other (please Acquisition of Parkwalk Advisors by X
specify): IP Group plc
--------------------------------------------------------- ----------------------------------------
3. Full name of person(s) IP Group plc
subject to the
notification obligation:
(iii)
----------------------------------------------------------- ------------------------------------------
4. Full name of shareholder(s) See section 9
(if different from 3.):(iv)
----------------------------------------------------------- ------------------------------------------
5. Date of the transaction 1 February 2017
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ------------------------------------------
6. Date on which issuer 9 February 2017
notified:
----------------------------------------------------------- ------------------------------------------
7. Threshold(s) that is/are
crossed or Direct interests: unchanged
reached: (vi, vii) Indirect interests: 4% reached
Combined direct and indirect
interests: 15% reached
----------------------------------------------------------- ------------------------------------------
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 voting % of voting
of of of shares rights rights (x)
Shares Voting
Rights
------------- -------------------------- ---------------- ------------- -------------------------- --------------------
Direct Indirect Direct Indirect
(xi) (xii)
------------- --------- ----------- ------------ ----------- ------------ ------------ -------- ----------
Ordinary
1p Shares 11,905,623 11,905,623 9,132,273 3,184,850 11.61% 4.05%
-------------------------- ---------------- ------------ ------------ -------- ----------
GB00B84LVH87 12,317,123
------------- --------- ----------- ------------ ------------- ---------- ---------- -------- ----------
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)
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Number of voting rights Percentage of voting rights
------------------------------------------------------------- -------------------------------------------------------------
12,317,123 15.66%
------------------------------------------------------------- -------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
----------------------------------------------------------------------------------------------------------------------------
Direct interests:
IP2IPO Limited: 9,125,730
Top Technology Ventures Limited: 6,543
IP2IPO Limited and Top Technology Ventures Limited are
100%-owned subsidiaries of IP Group plc.
Indirect interests:
IP Venture Fund: 2,773,350
Share Nominees Limited: 411,500
IP Venture Fund is a limited partnership fund that is
managed by Top Technology Ventures Limited, a 100%-owned
subsidiary of IP Group plc.
Share Nominees Limited is the legal nominee for shares
owned by investors in certain Parkwalk Advisors Limited
("Parkwalk") EIS funds. Parkwalk has the discretion
to instruct Share Nominees Limited to exercise the voting
and other rights attaching to such shares. Parkwalk
is a 100%-owned subsidiary of IP Group plc following
its acquisition on 31 January 2017.
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: This notification relates
to the acquisition of Parkwalk
Advisors Limited by IP Group
plc.
Based on 78,657,948 Ordinary
Shares in issue
------------------------------------------------------------- -------------------------------------------------------------
14. Contact name: Greg Smith
------------------------------------------------------------- -------------------------------------------------------------
15. Contact telephone number: 020 7444 0050
------------------------------------------------------------- -------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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