TR-1: Notification of Major Interest in Shares | RNS | Ticker

TR-1: Notification of Major Interest in Shares

RNS Announcement

RNS Number : 2047L

Avacta Group PLC

07 August 2013

For filings with the FCA include the annex
For filings with issuer exclude the annex

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		Avacta Group
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: ⁱⁱⁱ	Ruffer LLP (for its discretionary clients)
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: ^v	6 August 2013
6. Date on which issuer notified:	7 August 2013
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	Less than 5% to 6%

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

Direct ^xi

Indirect ^xii

Direct

Indirect

GB0033519546

272,727,273

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

272,727,273

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

Proxy Voting:
10. Name of the proxy holder:		N/A
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:	Ruffer LLP now controls the voting rights over 272,727,273 shares (6% of the voting rights) of Avacta Group which are held by Ruffer LLP's discretionary clients. This change from less than 5% to 6% is due to Ruffer purchasing 272,727,273 shares in a recent placing of 854,545,457 shares. The new shares were admitted to the market on 6 August 2013.
14. Contact name:	Louise Stanway
15. Contact telephone number:	020 7963 8146

This information is provided by RNS

The company news service from the London Stock Exchange

END

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RNS metadata

Title: TR-1: Notification of Major Interest in Shares
Time: 17:30:02
Date: 7 Aug 2013
Category: Holding(s) in company
ID: 2047L