Last checked at 25 Jul 2017 15:50
TR-1: Standard form for notification of major holdings
| ||||||
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | Microgen PLC | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
Non-UK issuer | ||||||
2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
An acquisition or disposal of voting rights | X | |||||
An acquisition or disposal of financial instruments | ||||||
An event changing the breakdown of voting rights | ||||||
Other (please specify)iii: | ||||||
3. Details of person subject to the notification obligationiv | ||||||
Name | Kestrel Partners LLP | |||||
City and country of registered office (if applicable) | LONDON, UK | |||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name | Kestrel Opportunities, a cell of Guernsey Portfolios PCC Ltd (through BNY Mellon Nominees Limited) and various other clients of Kestrel Partners LLP (through JIM Nominees Ltd and Bank of New York Nominees Ltd) | |||||
City and country of registered office (if applicable) | ||||||
5. Date on which the threshold was crossed or reachedvi: | 21 July 2017 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 25 July 2017 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | |||
Resulting situation on the date on which threshold was crossed or reached | 5.98% | 5.98% | 60,826,369 | |||
Position of previous notification (if applicable) | 6.84% | |||||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||
A: Voting rights attached to shares | |||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||
Ordinary Shares of 6 3/7p each ISIN GB00BVVHWX30 | N/A | 3,636,209 | N/A | 5.98% | |||||
SUBTOTAL 8. A | 3,636,209 | 5.98% | |||||||
| |||||||||
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
SUBTOTAL 8. B 1 | |||||||||
| |||||||||
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||
SUBTOTAL 8.B.2 | |||||||||
| |||||||||
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | ||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | ||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | X | |||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
BNY Mellon Nominees Limited | 4.86% | 4.86% | ||
Bank of New York Nominees Ltd | 1.04% | 1.04% | ||
JIM Nominees Ltd | 0.08% | 0.08% | ||
10. In case of proxy voting, please identify: | ||||
Name of the proxy holder | N/A | |||
The number and % of voting rights held | N/A | |||
The date until which the voting rights will be held | N/A | |||
11. Additional informationxvi | ||||
The indirect voting rights held under (9) relate to shares held in client portfolios managed by Kestrel Partners LLP under discretionary investment management agreements | ||||
Place of completion | London |
Date of completion | 25/07/17
|
Annex: Notification of major holdings (to be filed with the FCA only) | ||
A: Identity of the person subject to the notification obligation | ||
Full name (including legal form for legal entities) | Kestrel Partners LLP | |
Contact address (registered office for legal entities) | ||
1 Adam Street, London, WC2N 6LE | ||
Phone number / Fax number | 0203 371 6100 | |
Other useful information (at least legal representative for legal persons) | ||
B: Identity of the notifier, if applicable | ||
Full name | Oliver Scott | |
Contact address | 1 Adam Street, London, WC2N 6LE | |
info@kestrelip.com | ||
Phone number / Fax number | 0203 371 6100 | |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | Investment Manager to (i) Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited and (ii) the Kestrel Inheritance Tax Solution | |
C: Additional information | ||
Please send the completed form together with this annex to the FCA at the following email
address: Majorshareholdings@fca.org.uk. Please send in Microsoft Word format if possible.