Holding(s) in Company

RNS Number : 3016O

Port Erin Biopharma Investments Ltd

15 September 2011

 



TR-1 : NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			PORT ERIN BIOPHARMA
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 specify):
3. Full name of person(s) subject to the notification obligation: iii	CITY EQUITIES LIMITED
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v	15 SEPTEMBER 2011 PLACING PARTICIPATION 15 SEPTEMBER 2011 ADMISSION TO AIM
6. Date on which issuer notified:	15 SEPTEMBER 2011
7. Threshold(s) that is/are crossed or reached: vi, vii	ABOVE 4% TO BELOW 3%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

IM00B6QH1J21

1,500,000

1,500,000

NIL

NIL

NIL

NIL

NIL

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

NIL

NIL

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:	Shares acquired in the Company's Placing, announced on 15 September 2011. Shares have been sold to certain clients, with City Equities Limited acting as Principal.
14. Contact name:	WENYI LIU
15. Contact telephone number:	02074895562

 

END

 

 

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