Ixico Regulatory News (IXI)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Phytopharm 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 financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify): Placing and a change in the ISC

X

3. Full name of person(s) subject to the notification obligation:

Gartmore Investment Limited

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

See 9

5. Date of the transaction (and date on which the threshold is crossed or reached if different)

31 December 2009

6. Date on which issuer notified:

4 January 2010

7. Threshold(s) that is/are crossed or reached:

7%

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 x

Indirect xi

Direct

Indirect

Ordinary 1 Pence

GB0006869720

10,530,299

10,530,299

23,348,755

Nil

25,348,755

Nil

7.312%

B: Financial Instruments

Resulting situation after the triggering transaction 

Type of financial instrument 

Expiration date 

Exercise/ Conversion Period/ Date 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

25,348,755

7.312%

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

Name of the Company/Fund

Number of Shares

% of issued share capital

Gartmore Fund Managers Ltd A/C Gartmore UK & Irish Smaller Companies 

2,106,746

0.608%

Gartmore Investment Limited - Gartmore Fledgling Trust plc

21,376,704

6.166%

Gartmore Investment Limited - Strathclyde Pension Fund

1,865,305

0.538%

Total direct

Nil

Nil

Total Indirect

25,348,755

7.312%

Total

25,348,755

7.312%

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

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

13. Additional information:

Notification using the total voting rights figure of 346,677,433

14. Contact name:

Zoe McGowan, Company Secretary

15. Contact telephone number:

01480 437697