TIDMIMM TIDMAV.

RNS Number : 4170V

Immupharma PLC

28 October 2014

 
  28 OCTOBER 2014 
 

ImmuPharma PLC

NOTIFICATION OF AVIVA'S MAJOR INTEREST IN SHARES

Following the Successful GBP3.4m 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 GBP3.4 million fund raising to support the pivotal phase III progress of Lupuzor(TM) , 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 Lupuzor(TM) 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:

 
                                          + 44 (0) 20 7152 
  ImmuPharma plc                                      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 SHARES(i) 
 
 
 
  1. Identity of the issuer or                                       Immupharma plc 
   the underlying issuer 
   of existing shares to which 
   voting rights are 
   attached: (ii) 
-----------------------------------------------------------------  ----------------------------------------- 
  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                                                  CHANGE TO THE NUMBER OF VOTING RIGHTS 
   specify):                                                     IN ISSUE, FOLLOWING THE RECENT PLACING 
-------------------------------------------------------------  --------------------------------------------- 
  3. Full name of person(s)                                        Aviva plc & its subsidiaries 
   subject to the 
   notification obligation: 
   (iii) 
---------------------------------------------------------------  ------------------------------------------- 
  4. Full name of shareholder(s)                                   Registered Holder: 
   (if different from 3.):(iv)                                      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                                       23 October 2014 
   and date on 
   which the threshold is crossed 
   or 
   reached: (v) 
---------------------------------------------------------------  ------------------------------------------- 
  6. Date on which issuer notified:                                24 October 2014 
---------------------------------------------------------------  ------------------------------------------- 
  7. Threshold(s) that is/are                                      4% to 8% change at Direct 
   crossed or                                                       Interest Level 
   reached: (vi, vii) 
---------------------------------------------------------------  ------------------------------------------- 
 
 
 
  8. Notified details: 
-------------------------------------------------------------------------------------------------------------- 
  A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------- 
  Class/type         Situation previous             Resulting situation after the 
   of                 to the triggering              triggering transaction 
   shares             transaction 
 
   if possible 
   using 
   the ISIN 
   CODE 
-----------------  -----------------------------  ------------------------------------------------------------ 
                     Number            Number       Number         Number of                % of voting 
                      of                of           of shares      voting                   rights (x) 
                      Shares            Voting                      rights 
                                        Rights 
-----------------  ----------------  -----------  -------------  -----------------------  -------------------- 
                                                    Direct         Direct       Indirect    Direct    Indirect 
                                                                    (xi)         (xii) 
-----------------  ----------------  -----------  -------------  -----------  ----------  --------  ---------- 
 
    Ordinary 
    Shares 
 
    GB0033711010       4,388,986       4,388,986    8,143,876      7,214,285                8.14%      1.05% 
                   ----------------  -----------  -------------  -----------  ----------  --------  ---------- 
                                                                                929,591 
-----------------  ----------------  -----------  -------------  -----------  ----------  --------  ---------- 
 
  B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------- 
  Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------- 
  Type of            Expiration        Exercise/                   Number of voting         % of voting 
   financial          date              Conversion                  rights that              rights 
   instrument         (xiii)            Period (xiv)                may be 
                                                                    acquired if 
                                                                    the 
                                                                    instrument 
                                                                    is 
                                                                    exercised/ 
                                                                    converted. 
-----------------  ----------------  --------------------------  -----------------------  -------------------- 
 
 
 
 
  C: Financial Instruments with similar economic effect 
   to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------ 
  Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------ 
  Type of financial    Exercise    Expiration    Exercise/      Number of voting      % of voting 
   instrument           price       date          Conversion     rights instrument     rights (xix, 
                                    (xvii)        period         refers to             xx) 
                                                  (xviii) 
-------------------  ----------  ------------  -------------  --------------------  ------------------ 
                                                                                      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 the 
   financial 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 cease 
   to hold: 
----------------------------------------------  ------------------------------------ 
  12. Date on which proxy holder will 
   cease to hold 
   voting 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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