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

TIDMPPI

RNS Number : 8617E

Proton Partners International Ltd.

08 July 2019

8 July 2019

PROTON PARTNERS INTERNATIONAL LIMITED

HOLDINGS IN THE COMPANY

Proton Partners International Limited (the "Company") announces that it has today received the following TR-1: Standard form for notification of major holdings from Woodford Investment Management Limited. Further to the Company's announcement on 3 July 2019, due to the transfer of ordinary shares held by Omnis Income & Growth Fund to a new manager, Woodford Investment Management Limited now holds 48.55 per cent. of the Company's issued share capital and total voting rights.

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 
 
 

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 
                                                                                                     ---- 
 An acquisition or disposal of financial instruments 
                                                                                                     ---- 
 An event changing the breakdown of voting rights 
                                                                                                     ---- 
 Other (please specify)(iii) :                                                                        X 
  No trading in the stock - voting control interest over stock transferred 
  to new manager 
                                                                                                     ---- 
 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                           05/07/2019 
  crossed or reached(vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               08/07/2019 
                                                             -------------------------------------------- 
 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               48.55%                                     48.55%          172,588,260 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              49.78%                                     49.78% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 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 Directive    (Art 10 of Directive    (Art 9 of Directive      (Art 10 of Directive 
                    2004/109/EC)           2004/109/EC)            2004/109/EC) (DTR5.1)    2004/109/EC) 
                    (DTR5.1)               (DTR5.2.1)                                       (DTR5.2.1) 
                  ---------------------  ----------------------  -----------------------  ---------------------- 
 GB00BJCWB146      83,800,277                                     48.55% 
                  ---------------------  ----------------------  -----------------------  ---------------------- 
 
 SUBTOTAL 8. A     83,800,277                                     48.55% 
                  ---------------------------------------------  ----------------------------------------------- 
 
 
 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 
  instrument          date(x)      Conversion Period(xi)    rights that may         rights 
                                                            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 or        Number of        % of voting 
  instrument          date(x)      Conversion     cash               voting rights    rights 
                                   Period (xi)    settlement(xii) 
                    -----------  -------------  -----------------  ---------------  ------------ 
 
                                                 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 equals or         through financial      if it equals or 
                         is higher than the      instruments if it      is higher than 
                         notifiable threshold    equals or is higher    the notifiable 
                                                 than the notifiable    threshold 
                                                 threshold 
                       ----------------------  ---------------------  ------------------- 
 Woodford Investment 
  Management Ltd        48.55                   0.00                   48.55 
                       ----------------------  ---------------------  ------------------- 
 
 
 
 
 
 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    08/07/2019 
                      ------------------------------------------------------ 
 

(MORE TO FOLLOW) Dow Jones Newswires

July 08, 2019 13:31 ET (17:31 GMT)

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

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(END) Dow Jones Newswires

July 08, 2019 13:31 ET (17:31 GMT)