TIDMGROW

RNS Number : 3047L

Draper Esprit PLC

30 September 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                         Draper Esprit Plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
--------------------------------------------------  ---------------------------------- 
 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                  Woodford Investment Management LLP 
  to the                                                                    (Woodford) 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                                    Clients of Woodford 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed 
  or 
  reached: (v)                                                              06/09/2016 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                          07/09/2016 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                               25% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                     Resulting situation after the triggering 
 of               to the triggering                      transaction 
 shares           transaction 
 
 if possible 
 using 
 the ISIN CODE 
--------------  -------------------------------------  --------------------------------------------------------------------------- 
                 Number             Number              Number           Number of voting            % of voting rights 
                  of                 of                  of shares        rights                      (x) 
                  Shares             Voting 
                                     Rights 
--------------  -----------------  ------------------  ---------------  --------------------------  ------------------------------ 
                                                        Direct           Direct           Indirect   Direct          Indirect 
                                                                          (xi)             (xii) 
--------------    -----  --------  ------  -----  ---  ---------------  ---------------  ---------  --------------  -------------- 
 
 
  GB00BY7QYJ50       10,000,000         10,000,000         10,190,000       10,190,000                   25.05 % 
                -----------------  ------------------  ---------------  ---------------  ---------  --------------  -------------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Expiration        Exercise/                           Number of voting               % of voting 
  instrument               date (xiii)       Conversion Period                   rights that may                rights 
                                             (xiv)                               be 
                                                                                 acquired if the 
                                                                                 instrument is 
                                                                                 exercised/ converted. 
-----------------------  ----------------  ----------------------------------  -----------------------------  -------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------------- 
 Type of           Exercise         Expiration     Exercise/             Number of voting                 % of voting rights 
 financial          price            date (xvii)    Conversion            rights instrument                (xix, xx) 
 instrument                                         period                refers to 
                                                    (xviii) 
----------------  ---------------  -------------  --------------------  -------------------------------  ------------------------- 
                                                                                                          Nominal       Delta 
----------------  ---------------  -------------  --------------------  -------------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                               Percentage of voting rights 
--------------------------------------------------------------------  ------------------------------------------------------------ 
                             10,190,000                                                          25.05 % 
--------------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
                                                 Woodford, as Investment Manager 
 
 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: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                                                 Akpene Akonou 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                      01865 809024 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 30, 2016 03:27 ET (07:27 GMT)

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