Holding(s) in Company

RNS Number : 2777N

Intl. Biotechnology Trust PLC

08 June 2010

 



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

INTERNATIONAL BIOTECHNOLOGY TRUST PLC

2. Reason for the notification (please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: ()

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ()

An event changing the breakdown of voting rights: (X)

Other (please specify): ()

3. Full name of person(s) subject to the notification obligation (iii):

Baillie Gifford & Co

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 if different) (v):

4 June 2010

6. Date on which issuer notified:

8 June 2010

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

5%

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 (vi)
	Number of shares	Number of voting Rights (viii)
Ordinary Shares GB0004559349	3,037,333	Below 5%

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
		Direct (x)	Indirect (xi)	Direct	Indirect
Ordinary Shares GB0004559349	3,037,333		3,037,333		5.02%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Expiration Date (xiii)	Exercise/Conversion Period/ Date (xiv)	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 Qualify Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Exercise price	Exercise/Conversion Period	Number of voting rights instrument refers to	% of voting rights
				Nominal	Delta
N/A	N/A	N/A	N/A	N/A	N/A

Total (A+B+C)

Number of voting rights	% of voting rights
3,037,333	5.02

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

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:

N/A

14. Contact name:

Gillian Wright

15. Contact telephone number:

0131 275 3041

Date: 8 JUNE 2010

 

END

 

 

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