Holding(s) in Company
July 15 2005 - 3:00AM
UK Regulatory
RNS Number:9135O
Tepnel Life Sciences PLC
14 July 2005
Tepnel Life Sciences plc ("the Company")
Holding in Company
The Company received notification on 12 July 2005 that on 12 July 2005 OrbiMed
Capital LLC ("OrbiMed"), through its investment management discretion over the
securities owned by Finsbury Emerging Biotechnology Trust plc (formerly
Finsbury Life Sciences Investment Trust plc) sold 3,120,696 ordinary shares of
1p each in the Company ("Ordinary Shares"). OrbiMed also has investment
management discretion over the securities owned by Finsbury Worldwide
Pharmaceutical Trust plc, which is a registered owner of 37,000,000 Ordinary
Shares. OrbiMed are now therefore interested in 47,000,000 Ordinary Shares,
representing approximately 22.07 per cent of the issued share capital of the
Company.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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