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28 Oct 2014 07:00

RNS Number : 4170V
Immupharma PLC
28 October 2014
 

 

28 OCTOBER 2014

 

ImmuPharma PLC

 

 

NOTIFICATION OF AVIVA'S MAJOR INTEREST IN SHARES

Following the Successful £3.4m Fund Raising

ImmuPharma PLC (LSE:IMM), ("ImmuPharma" or the "Company"), the specialist drug discovery and development company, is pleased to confirm that its long standing shareholder Aviva plc ("Aviva") and its subsidiaries has notified the Company that it has increased its shareholding in ImmuPharma Ordinary Shares to 8,143,876 representing a 9.19% shareholding in the Company.

This follows last week's announcement from ImmuPharma that Aviva was the lead investor in a £3.4 million fund raising to support the pivotal phase III progress of LupuzorTM, the Company's lead candidate for the treatment of lupus, a potentially life threatening auto-immune disease.

 

 Commenting on the announcement, Richard Warr, Chairman said: "We are delighted to have received further endorsement from Aviva for supporting our plans to take  LupuzorTM through its pivotal Phase III development." 

The full TR1 form is shown at the end of this announcement.

For further information please see the Group's web site, www.immupharma.com, or contact:

 

ImmuPharma plc

+ 44 (0) 20 7152 4080

Dimitri Dimitriou, Chief Executive Officer

Dr Robert Zimmer, President and Chief Scientific Officer

Richard Warr, Chairman

Tracy Weimar, Vice President, Operations and Finance

Lisa Baderoon, Head of Investor Relations

+ 44 (0) 7721 413496

Panmure, Gordon & Co., NOMAD & Broker

+44 (0) 20 7886 2500

Hugh Morgan, Fred Walsh, Duncan Monteith

 

 

 

For filings with the FCA include the annex
 
For filings with issuer exclude the annex
 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Immupharma 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):

CHANGE TO THE NUMBER OF VOTING RIGHTS IN ISSUE, FOLLOWING THE RECENT PLACING

3. Full name of person(s) subject to thenotification obligation: iii

Aviva plc & its subsidiaries

4. Full name of shareholder(s)  (if different from 3.):iv

Registered Holder:

 

BNY Norwich Union Nominees Limited 232,080*

 

Chase (GA Group) Nominees Limited 6,982,205*

 

*denotes direct interest

 

Chase (GA Group) Nominees Limited 351,098

 

Chase Nominees Limited 172,211

 

Vidacos Nominees Limited 406,282

 

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

23 October 2014

6. Date on which issuer notified:

24 October 2014

7. Threshold(s) that is/are crossed orreached: vi, vii

4% to 8% change at Direct Interest Level

 

 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

 

Ordinary Shares

 

GB0033711010

4,388,986

4,388,986

8,143,876

7,214,285

 

929,591

8.14%

1.05%

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

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

8,143,876

9.19%

 

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

The voting rights are managed and controlled by Aviva Investors Global Services Limited, with the following chain of controlled undertakings:-

 

Aviva Investors Global Services Limited:

· Aviva plc (Parent Company)

· Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

· Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

· Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)

 

 

Proxy Voting:

10. Name of the proxy holder:

See Section 4

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

Figures are based the total number of voting rights of 88,622,463 as per the recent 'Additional Listing' announcement of 21 October 2014.

 

14. Contact name:

Neil Whittaker, Aviva plc

15. Contact telephone number:

01603 684420

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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