Summit Corporation PLC: Holding(s) in Company
April 26 2012 - 2:01AM
UK Regulatory
TIDMSUMM
+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+------------------------------------------------------------------------------+
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | Summit plc |
|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 | Polar Capital Global Healthcare Growth|
|the | and Income Trust Plc |
|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 | 25 April 2012 |
|reached:v | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 25 April 2012 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| 3% |
|reached:vi, vii | |
+--------------------------------------+---------------------------------------+
+-------------------------------------------------------------------------------+
|8. Notified details: |
+-------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix |
+-------------+---------------------+-------------------------------------------+
|Class/type of|Situation previous |Resulting situation after the triggering |
|shares |to the triggering |transaction |
| |transaction | |
|if possible +---------+-----------+-----------+---------------+---------------+
|using |Number |Number |Number |Number of |% of voting |
|the ISIN CODE|of |of |of shares |voting |rights x |
| |Shares |Voting | |rights | |
| | |Rights +-----------+------+--------+------+--------+
| | | |Direct |Direct|Indirect|Direct|Indirect|
| | | | |xi |xii | | |
+-------------+---------+-----------+-----------+------+--------+------+--------+
| | | | | | | | |
| |0 | | 10,833,334| | | 3.08%| |
| GB00B02T3K57| | | | | | | |
+-------------+---------+-----------+-----------+------+--------+------+--------+
+-------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+-------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+---------------+----------+---------------------+----------------+-------------+
|Type of |Expiration|Exercise/ |Number of voting|% of voting |
|financial |date xiii |Conversion Period xiv|rights that may |rights |
|instrument | | |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 xvii |Conversion |rights |rights xix, xx|
|instrument | | |period xviii|instrument | |
| | | | |refers to | |
| | | | | | |
+--------------+--------+----------+------------+----------------+-------+------+
| | | | | |Nominal|Delta |
| | | | | +-------+------+
| | | | | | | |
+--------------+--------+----------+------------+----------------+-------+------+
+-------------------------------------------------------------------------------+
|Total (A+B+C) |
+------------------------------------+------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+------------------------------------+------------------------------------------+
| 10,833,334 | 3.08% |
+------------------------------------+------------------------------------------+
+--------------------------------------------------------------------------+
|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: | Polar Capital LLP - Operations Department |
+------------------------------+-------------------------------------------+
|15. Contact telephone number: | +44 (0)207 227 2700 |
+------------------------------+-------------------------------------------+
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Summit Corporation PLC via Thomson Reuters ONE
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