28 Jul 2010 10:01

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: | ARK THERAPEUTICS GROUP PLC | ||||||||||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||||||||||
 An acquisition or disposal of voting rights |  x | ||||||||||||
 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: Â | Smith & Williamson Holdings Limited | ||||||||||||
4. Full name of shareholder(s) (if different from 3.): Â | See section 9 | ||||||||||||
5. Date of the transaction and date on which the threshold is crossed or reached: Â | 22.07.10 | ||||||||||||
6. Date on which issuer notified: Â | 27.07.10 | ||||||||||||
7. Threshold(s) that is/are crossed or reached: Â | 5% | ||||||||||||
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 GB0034251727 | Â 10,029,600 | 10,029,600 |
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| 11,029,600 |
| 5.28% | ||||||
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B: 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 |
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| Nominal | Delta  | |||||||
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Total (A+B) Â | |||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||
 11,029,600 | 5.28% | ||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: | |||||||||||||
Smith and Williamson Nominees Limited, a subsidiary of Smith and Williamson Investment Management Limited, a subsidiary of Smith and Williamson Holdings Limited - 3,759,600 shares  Bank of New York Nominees as custodian for Smith & Williamson Investment Management Limited, a subsidiary of Smith & Williamson Holdings Limited - 1,150,000 shares  BNP Paribas as custodian for Smith and Williamson Investment Management Limited, a subsidiary of Smith and Williamson Holdings Limited - 320,000 shares  BNP Paribas Securities Services as custodian for Smith & Williamson Investment Management (Ireland) Limited, a subsidiary of Smith & Williamson Holdings Limited - 5,625,000  | |||||||||||||
Proxy Voting: Â | |||||||||||||
10. Name of the proxy holder: Â | Â N/A | ||||||||||||
11. Number of voting rights proxy holder will cease to hold: Â | Â N/A | ||||||||||||
12. Date on which proxy holder will cease to hold voting rights: Â | Â N/A | ||||||||||||
13. Additional information: Â |
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14. Contact name: Â | Stephen Hamilton-Jones, Smith & Williamson Investment Management Limited | ||||||||||||
15. Contact telephone number: Â | 020 7131 4734 | ||||||||||||
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