Tissue Regenix Group PLC Holding(s) in Company (8935N)
May 21 2015 - 4:51AM
UK Regulatory
TIDMTRX TIDMIPO
RNS Number : 8935N
Tissue Regenix Group PLC
21 May 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
1. Identity of the issuer or Tissue Regenix 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):
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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
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
---------------------------------------------------------------- -------------------------------
An event changing the breakdown of voting rights
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Other (please
specify):
--------------------------------------------------------- ----- -------------------------------
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 19 May 2015
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ------------------------------------
6. Date on which issuer 20 May 2015
notified:
----------------------------------------------------------- ------------------------------------
7. Threshold(s) that is/are
crossed or Direct interests: unchanged
reached: (vi, vii) Indirect interests: Below
3%
Combined direct and indirect
interests: 14% 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 rights
of of of shares of voting (x)
Shares Voting rights
Rights
------------- -------------------------- ---------------- -------------- -------------- ----------------------------------
Direct Indirect Direct Indirect
(xi) (xii)
------------- --------- ----------- ------------ ------------ -------------- ------------ --------- ---------
Ordinary
0.5p Shares
---------
GB00B5SGVL29 127,837,566 127,837,566 110,837,566 103,042,836 7,794,730 13.56% 1.03%
------------- -------------------------- ---------------- -------------- -------------- ------------ --------- ---------
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
------------------------------------------------------------- ----------------------------------------------------------------
110,837,566 14.59%
------------------------------------------------------------- ----------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-------------------------------------------------------------------------------------------------------------------------------
Direct interests:
Techtran Group Limited - 103,042,836
Techtran Group Limited is a 100% owned subsidiary of
IP Group plc.
Indirect interests:
IP Venture Fund - 7,794,730
IP Venture Fund is a limited partnership fund that is
managed by Top Technology Ventures Limited, a 100% subsidiary
of IP Group plc.
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 reductions in the holdings
in the issuer by IP Venture
Fund. IP Group's direct holdings
are unchanged.
Based on 759,653,093 Ordinary
Shares in issue
------------------------------------------------------------- ----------------------------------------------------------------
14. Contact name: Greg Smith
------------------------------------------------------------- ----------------------------------------------------------------
15. Contact telephone number: 020 7444 0050
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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