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5 Jun 2013 07:00

RNS Number : 3027G
Immupharma PLC
05 June 2013
 

FOR IMMEDIATE RELEASE

5 JUNE 2013

 

 

 

 

NOTIFICATION OF AVIVA'S MAJOR INTEREST IN SHARES

 

 

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 recently increased its shareholding in ImmuPharma Ordinary Shares to 4,388,986 representing a 5.38% shareholding in the Company.

 

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

 

Commenting on the announcement, Richard Warr, Chairman said: "We are pleased to record that Aviva has again demonstrated its support for ImmuPharma, its assets and long term investment profile."

 

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

 

 

ImmuPharma PLC (www.immupharma.com)

Richard Warr, Chairman

+44 20 7152 4080

Dimitri Dimitriou, Chief Executive Officer 

+44 20 7152 4080

Lisa Baderoon, Head of Investor Relations

+44 7721 413 496

Panmure Gordon 

+44 20 7886 2500

Hugh Morgan, Fred Walsh, Hannah Woodley

 

Notes to Editors

 

ImmuPharma

 

ImmuPharma is focusing on developing novel medicines with high sales potential in specialist markets with serious unmet need. ImmuPharma has five drug candidates in development, two platform technologies and approximately 70 patents. The Company's most advanced drug candidate, LupuzorTM a potential blockbuster drug for Lupus, a chronic autoimmune disease has recently received the approval from the US FDA to enter phase III with a Special Protocol Assessment and "Fast Track" designation. The Company's second potential blockbuster compound in cancer "IPP-204106" is completing a new Phase I/ II clinical trial with the next generation of "polyplexed Nucant". ImmuPharma was founded and is led by a commercially focused Board and management team with extensive experience.

 

Recently ImmuPharma announced that it had secured a £50 million, five year Equity Financing Facility ("EFF") with Darwin Strategic Limited ("Darwin"), a majority owned subsidiary of Henderson Global Investors' Volantis Capital ("Henderson Volantis") to fund ImmuPharma's late stage Lupuzor compound.

For more information on ImmuPharma please go to: www.immupharma.com.

 

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

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):

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 352,153*

 

Chase (GA Group) Nominees Limited 2,792,276*

 

Chase Nominees Limited 233,259*

 

*denotes direct interest

 

Chase (GA Group) Nominees Limited 351,098

 

Chase Nominees Limited 253,918

 

Vidacos Nominees Limited 406,282

 

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

31 May 2013

6. Date on which issuer notified:

03 June 2013

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

3% to 4% change at Direct Interest Level and

 

 

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

2,471,621

2,471,621

4,388,986

3,377,688

 

1,011,298

4.14%

1.24%

 

 

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

4,388,986

5.38%

 

 

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 81,532,463.

14. Contact name:

Tracy Weimar, ImmuPharma plc

15. Contact telephone number:

020 7152 4080

 

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