Holding(s) in Company

RNS Number : 4104B

Intl. Biotechnology Trust PLC

03 March 2014

 



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: (X)

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):

Prudential plc group of companies

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

See attached schedule

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

28 FEBRUARY 2014

6. Date on which issuer notified:

03 March 2014

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

See Item 13

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 (vi)
	Number of shares	Number of voting Rights (viii)
Ordinary Shares GB0004559349	Below 3%	Below 3%

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rights (x)
		Direct (xi)	Indirect (xii)	Direct	Indirect
Ordinary Shares GB0004559349	1,702,852	1,702,852	0	3.08%	0

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

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 (xv, xvi)

Resulting situation after the triggering transaction

Type of financial instrument	Exercise price	Exercise date xvii	Exercise/Conversion Period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta
N/A	N/A	NA	N/A	N/A	N/A	N/A

Total (A+B+C)

Number of voting rights	% of voting rights
1,702,852	3.08%

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:

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:

As per 5.1.2, the non-exempt holdings for Prudential plc have moved to a 3% threshold triggering this notification.

14. Contact name:

James Todd / Mark Thomas

M&G Investment Management Limited

15. Contact telephone number:

020 7548 2979 / 020 7548 3266

Date: 3 MARCH 2014

Notifiable Position Report for

INTL BIOTECH TRUST

as at 28 February 2014

Percentage holdings are calculated using 55,157,663 Total Voting Rights

	Registered Holder	Holding	Voting Rights	% Voting Rights
Prudential plc			1,702,852	3.08	Total Notifiable Interest
Holding Type : Direct
	PRUCLT HSBC GIS NOM(UK) PAC AC	1,689,676	1,689,676
	PRUCLT HSBC GIS NOM(UK) PPL AC	13,176	13,176
	Sub Total :	1,702,852	1,702,852
The Prudential Assurance Company Limited			1,702,8523.08	3.08
	PRUCLT HSBC GIS NOM(UK) PAC AC	1,689,676	1,689,676
	PRUCLT HSBC GIS NOM(UK) PPL AC	13,176	13,176

End of Report

 

END

 

 

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