13 Nov 2009 15:30
Microgen plc (the "Company")
Notifiable Interests
The Company received the following notice on 12 November 2009 in compliance with the Disclosure and Transparency Rules from Aberforth Partners LLP:
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Microgen PLC |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | Yes | |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: | Aberforth Partners LLP |
4. Full name of shareholder(s) (if different from 3.): | Shareholder Shares
1. Aberforth Smaller Companies Trust plc 8,790,726 2. Aberforth UK Small Companies Fund 4,832,851 3. The Church Commissioners for England 1,954,500 4. Aberforth Geared Capital & Income Trust plc 1,627,000
1,2,4 = registered in the name of Nortrust Nominees Ltd A/c Aberfrth, 3 = The Church Commissioners for England (Chase GIS) Nominees Ltd
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5. Date of the transaction and date on which the threshold is crossed or reached: | 10/11/2009 |
6. Date on which issuer notified: | 11/11/2009 |
7. Threshold(s) that is/are crossed or reached: | 20% |
8. Notified details: | |||||||
A: Voting rights attached to shares | |||||||
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 | |||
Direct | Direct | Indirect | Direct | Indirect | |||
Ordinary | 17,740,977 | 17,740,977 | 17,205,077 | N/A | 17,205,077 | N/A | 19.80 |
GB0005869531 |
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date | Exercise/ Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
N/A | N/A | N/A | N/A | N/A |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction | ||||||
Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights | |
N/A | N/A | N/A | N/A | N/A | Nominal | Delta |
N/A | N/A |
Total (A+B+C) | |
Number of voting rights | Percentage of voting rights |
17,205,077 | 19.80 |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
Held by Aberforth Partners LLP |
In addition, Aberforth Partners LLP is interested in a further 2,629,200 shares although we do not have access to the voting rights of these shares. Aberforth Partners LLP is, therefore, interested in a total of 19,834,277 shares of the above company. This interest arises as a result of the discretionary investment management powers that we can exercise over the funds of our clients. Aberforth Partners LLP is not the beneficial owner of these shares.
Proxy Voting: | |
10. Name of the proxy holder: | N/A |
11. Number of voting rights proxy holder will cease to hold: | N/A |
12. Date on which proxy holder will cease to hold voting rights: | N/A |
13. Additional information: | N//A |
14. Contact name: | Pauline Robson, Aberforth Partners LLP |
15. Contact telephone number: | 0131 220 0733 |