Holding(s) in Company

RNS Number : 6899I

Microgen PLC

16 March 2010

 



Microgen plc (the "Company")

Notifiable Interests

The Company received the following notice on 15 March 2010 in compliance with the Disclosure and Transparency Rules from Aberforth Partners LLP:

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Microgen 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):		YES- TRANSFER OF VOTING RIGHTS

3. Full name of person(s) subject to the notification obligation:	Aberforth Partners LLP
4. Full name of shareholder(s) (if different from 3.):	Shareholder Shares 1. Aberforth Smaller Companies     Trust plc 8,683,326 2. Aberforth UK Small Companies     Fund 3,808,251 3. Aberforth Geared Capital &     Income Trust plc 1,902,400 All shares are registered in the name of Nortrust Nominees Ltd A/c Aberfrth
5. Date of the transaction and date on which the threshold is crossed or reached:	15/03/2010
6. Date on which issuer notified:	15/03/2010
7. Threshold(s) that is/are crossed or reached:	17%

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	16,365,477	16,365,477	14,393,977		14,393,977	N/A	16.56
GB0005869531

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
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 financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument 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
14,393,977	16.56

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:	The voting rights attached to shares beneficially held by The Church Commissioners for England ("Church") were transferred to Church with effect from today, 15 March 2010.  Aberforth Partners LLP continue to manage funds for the Church on a discretionary basis. In addition, Aberforth Partners LLP is interested in a further 4,240,300 shares although it does not have access to the voting rights of these shares.  Aberforth Partners LLP is, therefore, interested in a total of 18,634,277 shares of Microgen plc.  This interest arises as a result of the discretionary investment management powers that Aberforth Partners LLP can exercise over the funds of its clients.  Aberforth Partners LLP is not the beneficial owner of these shares.
14. Contact name:	Pauline Robson, Aberforth Partners LLP
15. Contact telephone number:	0131 220 0733

If you require further information please contact:

A.Siddiqi, Company Secretary                                          Tel: [phone]

www.microgen.com

 

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