TIDMAKT

RNS Number : 5182L

Ark Therapeutics Group PLC

01 August 2011

 
 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                                                                      Yes 
---------------------------------------------------------------------------------------------------------------  ---------- 
 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 to the notification 
  obligation:                                             Aberforth Partners LLP 
-------------------------------------------------------  ------------------------------------------------------------------ 
                                                          Shareholder Shares 
                                                           1. Aberforth Smaller Companies Trust 
                                                           plc 16,408,004 
                                                           2. Aberforth UK Small Companies Fund 
                                                           4,190,876 
 4. Full name of shareholder(s)                            All shares are registered in the name 
  (if different from 3.):                                  of Nortrust Nominees Ltd A/c Aberfrth 
-------------------------------------------------------  ------------------------------------------------------------------ 
 5. Date of the transaction 
  and date on which the threshold 
  is crossed or reached:                                  28 July 2011 
-------------------------------------------------------  ------------------------------------------------------------------ 
 6. Date on which issuer notified:                        1 August 2011 
-------------------------------------------------------  ------------------------------------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or reached:                                     10% 
-------------------------------------------------------  ------------------------------------------------------------------ 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
--------------------------------------------------------------------------------------------------------------------------- 
 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering                  Resulting situation after the triggering 
 ISIN CODE       transaction                         transaction 
-------------  ----------------------------------  ------------------------------------------------------------------------ 
                                   Number 
                Number              of 
                 of                 Voting          Number         Number of voting 
                 Shares             Rights           of shares      rights                   % of voting rights 
-------------  -----------------  ---------------  -------------  ------------------------  ------------------------------- 
                                                                   Direct       Indirect     Direct       Indirect 
-------------    ----    -------    ------  -----  -------------  -----------  -----------  -----------  ------------------ 
 Ordinary 
 GB0034251727   21,969,080         21,969,080       20,598,880     N/A          20,598,880   N/A          9.84% 
               -----------------  ---------------  -------------  -----------  -----------  -----------  ------------------ 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
                                                                           Number of voting 
                                                                            rights that may 
                                                                            be 
                                             Exercise/                      acquired if the 
 Type of financial      Expiration            Conversion                    instrument is            % of voting 
  instrument             date                 Period                        exercised/ converted.     rights 
---------------------  -------------------  ----------------------------  ------------------------  ----------------------- 
 N/A                    N/A                  N/A                           N/A                       N/A 
---------------------  -------------------  ----------------------------  ------------------------  ----------------------- 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of                                                  Exercise/           Number of voting 
 financial        Exercise           Expiration            Conversion          rights instrument 
 instrument        price              date                 period              refers to           % of voting rights 
---------------  -----------------  -------------------  ------------------  -------------------  ------------------------- 
 N/A              N/A                N/A                  N/A                 N/A                    Nominal        Delta 
---------------  -----------------  -------------------  ------------------  -------------------  -------------  ---------- 
                                                                                                   N/A            N/A 
-------------    ----    -------    ------  -----  ----  -------  ------       -----------  ----  -------------  ---------- 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                   Percentage of voting rights 
------------------------------------------------------------------------  ------------------------------------------------- 
 20,598,880                                                                9.84% 
------------------------------------------------------------------------  ------------------------------------------------- 
 9. Chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held, if applicable: 
--------------------------------------------------------------------------------------------------------------------------- 
 Held by Aberforth Partners LLP 
 Proxy Voting: 
--------------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                             N/A 
------------------------------------------------------------------------  ------------------------------------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold:                                               N/A 
------------------------------------------------------------------------  ------------------------------------------------- 
 12. Date on which proxy holder will 
  cease to hold voting rights:                                             N/A 
------------------------------------------------------------------------  ------------------------------------------------- 
 13. Additional information: 
------------------------------------------------------------------------  ------------------------------------------------- 
                                                                           Pauline Robson, Aberforth Partners 
 14. Contact name:                                                          LLP 
------------------------------------------------------------------------  ------------------------------------------------- 
 15. Contact telephone number:                                             0131 220 0733 
------------------------------------------------------------------------  -------------------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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