Holding(s) in Company

RNS Number : 7347R

Microgen PLC

15 September 2014

Microgen plc (the "Company")

Notifiable Interests

The Company received the following notice on 15 September 2014 in compliance with the Disclosure and Transparency Rules from Aberforth Partners LLP:

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:		Microgen 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
4. Full name of shareholder(s) (if different from 3.):	Shareholder: Shares: 1. Aberforth Smaller Companies Trust plc 7,171,036 2. Aberforth UK Small Companies Fund 1,144,872 3. Aberforth Geared Income Trust plc 1,683,800 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:	10/09/2014
6. Date on which issuer notified:	11/09/2014
7. Threshold(s) that is/are crossed or reached:	13%

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 ^x

Direct

Direct ^xi

Indirect ^xii

Direct

Indirect

Ordinary

9,551,608

9,999,708

N/A

9,999,708

N/A

13.41

GB0005869531

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

N/A

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}

N/A

Nominal

Delta

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

9,999,708

13.41

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
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:	In addition, Aberforth Partners LLP is interested in a further 5,778,106 shares although it does not have access to the voting rights of these shares. Aberforth Partners LLP is, therefore, interested in a total of 15,777,814 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