Holding(s) in Company

RNS Number : 8935N

Tissue Regenix Group PLC

21 May 2015

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Tissue Regenix Group plc
2 Reason for the notification (please tick the appropriate box or boxes):
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		IP Group plc
4. Full name of shareholder(s)  (if different from 3.):iv		See section 9
5. Date of the transaction and date on which the threshold is crossed or reached: v		19 May 2015
6. Date on which issuer notified:		20 May 2015
7. Threshold(s) that is/are crossed or reached: vi, vii		Direct interests: unchanged Indirect interests: Below 3% Combined direct and indirect interests: 14% reached

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

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 xi

Indirect xii

Direct

Indirect

Ordinary 0.5p Shares

127,837,566

127,837,566

110,837,566

103,042,836

7,794,730

13.56%

1.03%

GB00B5SGVL29

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

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

110,837,566

14.59%

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

Direct interests: Techtran Group Limited - 103,042,836 Techtran Group Limited is a 100% owned subsidiary of IP Group plc. Indirect interests: IP Venture Fund - 7,794,730 IP Venture Fund is a limited partnership fund that is managed by Top Technology Ventures Limited, a 100% subsidiary of IP Group plc.

Proxy Voting:

10. Name of the proxy holder:

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:

This notification relates to reductions in the holdings in the issuer by IP Venture Fund. IP Group's direct holdings are unchanged. Based on 759,653,093 Ordinary Shares in issue

14. Contact name:

Greg Smith

15. Contact telephone number:

020 7444 0050

 

END

 

 

HOLUASWRVNAVURR