REG - IP Group PLC - Holding(s) in Company <Origin Href="QuoteRef">IPO.L</Origin>

IPAnnouncement

18/11/2014 13:50

RNS Number : 3383X
IP Group PLC
18 November 2014

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi


1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:ii
IP Group Plc
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
notification obligation:iii
Baillie Gifford & Co
4. Full name of shareholder(s)
(if different from 3.):iv
See section 9
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
14 November 2014
6. Date on which issuer notified:
17 November 2014
7. Threshold(s) that is/are crossed or
reached: vi, vii
10%


8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares

if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of voting rights x
Direct
Direct xi
Indirect xii
Direct
Indirect
Ordinary Shares
GB00B128J450
48,538,937
48,538,937
47,746,885

47,746,885

9.96%


B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date xiii
Exercise/
Conversion Period xiv
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
% of voting
rights
N/A





C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise price
Expiration date xvii
Exercise/
Conversion period xviii
Number of voting rights instrument refers to
% of voting rights xix, xx
N/A



Nominal
Delta



Total (A+B+C)
Number of voting rights
Percentage of voting rights
47,746,885
9.96%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
In the narrative below, the figures in [ ] indicate the amount of voting rights and the percentage held by each controlled undertaking where relevant.
Baillie Gifford & Co, a discretionary investment manager, is the parent undertaking of an investment management group.
Its wholly-owned subsidiary undertaking Baillie Gifford Overseas Limited [6,810,839:1.42%] is also a discretionary investment manager.
Its wholly-owned subsidiary undertaking Baillie Gifford & Co Limited [10,948,616:2.28%] is an OEIC Authorised Corporate Director and Unit Trust Manager which has delegated its discretionary investment management role to Baillie Gifford & Co.
Its wholly-owned subsidiary undertaking Baillie Gifford Life Limited [2,055,125:0.43%] is a life assurance company which procures discretionary investment management services from Baillie Gifford & Co in respect of its own account shareholdings.

Proxy Voting:
10. Name of the proxy holder:
N/A
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
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