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DJ Proton Partners International Ltd. Holding(s) in Company

TIDMPPI

RNS Number : 4137E

Proton Partners International Ltd.

03 July 2019

3 July 2019

PROTON PARTNERS INTERNATIONAL LIMITED

HOLDINGS IN THE COMPANY

Proton Partners International Limited (the "Company", "Proton" or "Group") announces that following the completion of the issue of shares, as announced on 6 June 2019 (the "Share Issue"), the Company has today received notification from Woodford Investment Management Limited regarding its subscription for the final tranche of 11,363,635 Proton ordinary shares of GBP0.001 each ("Ordinary Shares") which were admitted to trading on NEX on 28 June 2019.

Following the issue of this final tranche of new Ordinary Shares pursuant to the Share Issue, the Concert Party, as defined in the Company's NEX admission document, has the following holdings.

 
                                                             Percentage 
                                                              of issued 
                                                            share capital 
                                         Number of            and total 
                                      Ordinary Shares       voting rights 
 LF Woodford Equity Income 
  Fund                                        31,663,913           18.35% 
 Woodford Patient Capital Trust 
  plc                                         52,136,364           30.21% 
 Omnis Income & Growth Fund                    2,129,565            1.23% 
 Wales Life Sciences Investment 
  Fund                                        10,000,000            5.79% 
 
 TOTAL                                        95,929,842           55.58% 
 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details.

The directors of Proton Partners International Limited accept responsibility for this announcement.

Contacts

 
Proton Partners International Limited 
Michael Moran, Chief Executive Officer                       Tel: +44 (0) 16 3381 
                                                                             0661 
Marcus King, Financial Controller 
 
 
Grant Thornton (Corporate Adviser)                           Tel: +44 (0) 20 7383 
                                                                             5100 
Colin Aaronson/ Jamie Barklem/ Niall 
 McDonald 
 
Media House International 
Ramsay Smith                             07788 414 856 or Ramsay@mediahouse.co.uk 
Ibrahim Khalil                          0207 710 0020 or Ibrahim@mediahouse.co.uk 
 

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                            Proton Partners International 
  underlying issuer of existing shares 
  to which voting rights are attached(ii) 
  : 
                                                             -------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                     ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                          X 
                                                                                                     ---- 
 An acquisition or disposal of financial instruments 
                                                                                                     ---- 
 An event changing the breakdown of voting rights                                                     X 
                                                                                                     ---- 
 Other (please specify)(iii) : 
                                                                                                     ---- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                         Woodford Investment Management Ltd 
 City and country of registered office                        9400 Garsington Road, Oxford, OX4 
  (if applicable)                                              2HN, United Kingdom 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name 
                                                             -------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                             -------------------------------------------- 
 5. Date on which the threshold was                           02/07/2019 
  crossed or reached(vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               03/07/2019 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                           % of voting         % of voting rights     Total of both   Total number 
                            rights attached     through financial      in % (8.A +     of voting rights 
                            to shares (total    instruments            8.B)            of issuer(vii) 
                            of 8. A)            (total of 8.B 
                                                1 + 8.B 2) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               49.78%                                     49.78%          172,588,260 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              46.15%                                     46.15% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type of               Number of voting rights(ix)     % of voting rights 
  shares 
  ISIN code (if possible) 
                            ------------------------------  ------------------------------------------------ 
                             Direct          Indirect        Direct                 Indirect 
                              (Art 9 of       (Art 10 of      (Art 9 of Directive    (Art 10 of Directive 
                              Directive       Directive       2004/109/EC)           2004/109/EC) (DTR5.2.1) 
                              2004/109/EC)    2004/109/EC)    (DTR5.1) 
                              (DTR5.1)        (DTR5.2.1) 
                            --------------  --------------  ---------------------  ------------------------- 
 GB00BJCWB146                85,929,841                      49.78% 
                            --------------  --------------  ---------------------  ------------------------- 
 
 SUBTOTAL 8. A               85,929,841                      49.78% 
                            ------------------------------  ------------------------------------------------ 
 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of financial   Expiration   Exercise/     Number of voting        % of voting rights 
  instrument          date(x)      Conversion    rights that may 
                                   Period(xi)    be acquired if 
                                                 the instrument 
                                                 is 
                                                 exercised/converted. 
                    -----------  ------------  ----------------------  ------------------- 
 
                                  SUBTOTAL 8. 
                                   B 1 
                                 ------------  ----------------------  ------------------- 
 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of financial   Expiration   Exercise/      Physical           Number       % of voting rights 
  instrument          date(x)      Conversion     or cash            of voting 
                                   Period (xi)    settlement(xii)    rights 
                    -----------  -------------  -----------------  -----------  ------------------- 
 
                                                 SUBTOTAL 
                                                  8.B.2 
                                                -----------------  -----------  ------------------- 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled                  X 
  by any natural person or legal entity and does not control 
  any other undertaking(s) holding directly or indirectly an 
  interest in the (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting 
  rights and/or the 
  financial instruments are effectively held starting with 
  the ultimate controlling natural person or legal entity(xiv) 
  (please add additional rows as necessary) 
 Name(xv)               % of voting rights     % of voting rights   Total of both if it 
                         if it equals           through financial    equals or is higher 
                         or is higher           instruments if       than the notifiable 
                         than the notifiable    it equals or         threshold 
                         threshold              is higher than 

(MORE TO FOLLOW) Dow Jones Newswires

July 03, 2019 11:40 ET (15:40 GMT)

DJ Proton Partners International Ltd. Holding(s) in -2-

                                                the notifiable 
                                                threshold 
                       ---------------------  -------------------  ------------------------- 
 Woodford Investment 
  Management Ltd        49.78                  0.00                 49.78 
                       ---------------------  -------------------  ------------------------- 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                              ---------------------------------------------- 
 The number and % of voting rights 
  held 
                                              ---------------------------------------------- 
 The date until which the voting 
  rights will be held 
                                              ---------------------------------------------- 
 
 11. Additional information(xvi) 
 
 
 
 
 Place of completion   9400 Garsington Road, Oxford, OX4 2HN, United Kingdom 
 Date of completion    03/07/2019 
                      ------------------------------------------------------ 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

July 03, 2019 11:40 ET (15:40 GMT)