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

IPAnnouncement

10/02/2017 07:06

RNS Number : 5474W
Revolymer PLC
10 February 2017
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
Revolymer plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights

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):
Acquisition of Parkwalk Advisors by IP Group plc
X
3. Full name of person(s) subject to the
notification obligation:iii
IP Group plc
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
1 February 2017
6. Date on which issuer notified:
9 February 2017
7. Threshold(s) that is/are crossed or
reached: vi, vii
Direct interests: unchanged
Indirect interests: 4% reached
Combined direct and indirect interests: 15% reached


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 xi
Indirect xii
Direct
Indirect
Ordinary 1p Shares
11,905,623
11,905,623
12,317,123
9,132,273
3,184,850
11.61%
4.05%
GB00B84LVH87

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






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




Nominal
Delta



Total (A+B+C)
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
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