Port Erin Biopharma Investments Ltd Holding(s) in Company (7830P)
October 04 2013 - 8:13AM
UK Regulatory
TIDMPEBI
RNS Number : 7830P
Port Erin Biopharma Investments Ltd
04 October 2013
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or the underlying Port Erin Biopharma Investments
issuer Limited
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) subject Colin Lee
to the
notification obligation: (iii)
-------------------------------------------- ----------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
-------------------------------------------- ----------------------------------------
5. Date of the transaction and date 04/10/2013
on
which the threshold is crossed
or
reached: (v)
-------------------------------------------- ----------------------------------------
6. Date on which issuer notified: 04/10/2013
-------------------------------------------- ----------------------------------------
7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 7%
-------------------------------------------- ----------------------------------------
8. Notified details:
-------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
-------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN CODE
-------------- ----------------------------------- --------------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
-------------- --------------- ------------------ ------------ ------------------------ ----------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
-------------- ---- ------- ------ ----- --- ------------ ------------- --------- -------------- ------------
Ordinary
0.0001p
IM00B6QH1J21 2,365,000 2,365,000 2,370,539 2,370,539 7.0%
--------------- ------------------ ------------ ------------- --------- -------------- ------------
B: Qualifying Financial Instruments
-------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
-------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) 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 rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
---------------- ------------- ------------- ----------------- ----------------------------- -----------------------
Nominal Delta
---------------- ------------- ------------- ----------------- ----------------------------- ------------ ---------
Total (A+B+C)
-------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
--------------------------------------------------------------- --------------------------------------------------------
2,370,539 7.0%
--------------------------------------------------------------- --------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
--------------------------------------------------------------------------------
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:
---------------------------------------- --------------------------------------
14. Contact name: Colin Lee
---------------------------------------- --------------------------------------
15. Contact telephone number: 07754 933 764
---------------------------------------- --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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