Changes to interests of a significant shareholder

RNS Number : 2919E
Alliance Pharma PLC
05 May 2017
 

For immediate release

5 May 2017

 

ALLIANCE PHARMA PLC

("Alliance" or the "Company")

 

Changes to interests of a significant shareholder

 

Alliance Pharma plc (AIM: APH), the speciality pharmaceutical company, has received a notification of a change in the interests of a significant shareholder.   In accordance with AIM rule 17, the following details are now notified:

 

(a)  Identity of the significant shareholder: Aviva plc and its subsidiaries

(b)  Date of disclosure: 4 May 2017

(c)   Date of relevant change: 3 May 2017

(d)  Price, amount and class: 4,654,020 ordinary shares of 1p each; price not disclosed

(e)  Nature of transaction: sale of shares

(f)   Nature and extent of significant shareholder's interest: direct and indirect interests

(g)  Resultant shareholding: 3.86% (direct) and 0.01% (indirect) = 3.87% total

 

In compliance with DTR5, a copy of the notification received from this investor is appended.

 

For further information:

 

Alliance Pharma plc

+ 44 (0) 1249 466966

John Dawson, Chief Executive

Andrew Franklin, Chief Financial Officer


Rob Bellhouse, Company Secretary


www.alliancepharma.co.uk


Buchanan

+ 44 (0) 20 7466 5000

Mark Court / Sophie Cowles / Jane Glover




Numis Securities Limited

+ 44 (0) 20 7260 1000

Nominated Adviser: Michael Meade / Freddie Barnfield


Corporate Broking: James Black / Toby Adcock


 

Notes to editors:

 

About Alliance Pharma

Alliance, founded in 1998, is an international speciality pharmaceutical company based in Chippenham, Wiltshire, UK. The Company has sales in more than 100 countries worldwide via direct sales, joint ventures and a network of distributors.  Alliance has a strong track record of acquiring the rights to established niche products and it currently owns or licenses the rights to approximately 90 pharmaceutical and consumer healthcare products. The Company continues to explore opportunities to expand its product portfolio.

Alliance joined the AIM market of the London Stock Exchange in December 2003 and trades under the symbol APH.



 

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:

Alliance Pharma plc  

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:

Aviva plc & its subsidiaries    

4. Full name of shareholder(s)
 (if different from 3.):

Registered Holder:

  

Available on request                                           18,450*                                                              

 

Chase (GA Group) Nominees Limited       18,236,806*

                                                           

*denotes direct interest

 

5. Date of the transaction and date on
which the threshold is crossed or
reached:

03 May 2017

6. Date on which issuer notified:

04 May 2017

7. Threshold(s) that is/are crossed or
reached:

4% to 3% Change at Direct Interest Level

(Box 8A & Box  8A&B)

 

 

 



 

 

8. Notified details:

A: Voting rights attached to shares

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

Direct

Direct

Indirect

Direct

Indirect

Ordinary Shares

GB0031030819

22,959,276*

22,959,276*

18,255,256

18,255,256

Not Disclosable**

3.86%

Not Disclosable**

 

 

* Includes Right to Recall Loaned Shares (50,000)

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion Period

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

% of voting
rights

RIGHT TO RECALL LOANED SHARES

N/A

N/A

 

50,000*

 

*Direct Interest

0.01%

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

 

% of voting rights

 






Nominal

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

18,305,256

3.87%

 



 

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

The voting rights are managed and controlled by Aviva Investors Global Services Limited and Friends Provident International Limited, with the following chain of controlled undertakings:-

 

Aviva Investors Global Services Limited:

·      Aviva plc (Parent Company)

·      Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

·      Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

·      Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)

 

Friends Provident International Limited:

·      Aviva plc (Parent Company)

·      Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

·      Friends Provident International Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

 


Proxy Voting:

10. Name of the proxy holder:

See Section 4

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:


Figures are based on a total number of voting rights of  472,795,052, as per the Company's 'Application for admission' announcement of 31 March 2017.

 

** - Although not reportable, as per DTR5.1.5,the non-disclosable (indirect) position is currently 604,020 shares, and is included here in the interests of transparency.

 

14. Contact name:

     Neil Whittaker, Aviva plc

15. Contact telephone number:

     01603 684420

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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