TIDMVRP

RNS Number : 0344G

Verona Pharma PLC

02 August 2016

The following announcement replaces the notification Ref 9994F issued on 2 August 2016. The amendment is to Section 9 which should read as follows: The voting rights are managed and controlled by Edmond de Rothschild Investment Partners, acting in its capacity of management company of BioDiscovery 4 FPCI (not BioDiscovery 5 FPCI). All other details remain unchanged. The full amended text is shown below.

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                 Verona Pharma 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                            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 
------------------------------------------------------------  -------------------- 
 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)                                    BioDiscovery 4 FPCI 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------- 
 5. Date of the transaction                                   29 July 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------- 
 6. Date on which issuer                                      29 July 2016 
  notified: 
-----------------------------------------------------------  --------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                          0% to 4.3% 
-----------------------------------------------------------  --------------------- 
 
 
 
 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 voting              % of voting 
              of                of               of shares       rights                        rights (x) 
              Shares            Voting 
                                Rights 
-----------  ---------------  ---------------  --------------  ----------------------------  ------------------------- 
                                                Direct          Direct          Indirect      Direct        Indirect 
                                                                 (xi)            (xii) 
-----------      -----------    -----------    --------------  --------------  ------------  ------------  ----------- 
 Ordinary 
  Shares      0                0                110,601,635     110,601,635                   4.3% 
             ---------------  ---------------  --------------  --------------  ------------  ------------  ----------- 
 
 
 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        Exercise       Expiration     Exercise/         Number of voting                % of voting 
 financial       price         date           Conversion         rights instrument               rights (xix, 
 instrument                    (xvii)         period             refers to                       xx) 
                                              (xviii) 
-------------  -------------  -------------  ----------------  ------------------------------  ----------------------- 
                                                                                                Nominal       Delta 
-------------  -------------  -------------  ----------------  ------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                          Percentage of voting rights 
-----------------------------------------------  --------------------------------------------------------------------- 
 110,601,635                                      4.3% 
-----------------------------------------------  --------------------------------------------------------------------- 
 
 
 
 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 Edmond 
  de Rothschild Investment Partners, acting in its capacity 
  of management company of BioDiscovery 4 FPCI. 
 
 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: 
-------------------------------------------------------------  ----------------------------- 
 
                                                                Figures are based on a total 
  13. Additional information:                                   number of voting rights of 
                                                                2,565,719,826 as per the 
                                                                Company's Result of General 
                                                                Meeting Announcement of 22 
                                                                July 2016. 
-------------------------------------------------------------  ----------------------------- 
 14. Contact name:                                              Naveed Siddiqi 
                                                                 Andrei Buzdugan 
-------------------------------------------------------------  ----------------------------- 
                                                                +33 698 661 203 
 15. Contact telephone number:                                   +33 140 176 968 
-------------------------------------------------------------  ----------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLAKBDNQBKDNFK

(END) Dow Jones Newswires

August 02, 2016 11:26 ET (15:26 GMT)

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