Tobias FYI8 Jan 2018 19:50
24 April 2017
Motif Bio plc
("Motif Bio" or the "Company")
Notification of change in holding of significant shareholder
Motif Bio plc (AIM: MTFB), the clinical stage biopharmaceutical company specialising in developing novel antibiotics, announces that it was informed on 21 April 2017 by Sabby Healthcare Master Fund Ltd ("Sabby") that as at 10 April 2017, Sabby's interest in shares in the Company to which voting rights are attached, being ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares"), had fallen from an interest in 17,191,980 Ordinary Shares (held by way of American Depositary Shares ("ADSs")), representing 9.52% of the Company's issue share capital, to an interest in 5,887,050 Ordinary Shares (held by way of 157,698 ADSs and 2,733,090 Ordinary Shares), representing 3% of the Company's issued share capital.