Life Science Developments Limited Holding(s) in Company (7082B)
20 June 2016 - 9:43PM
UK Regulatory
TIDMLIFE
RNS Number : 7082B
Life Science Developments Limited
20 June 2016
For Immediate Release 20 June 2016
Life Science Developments Limited
("LIFE" or "the Company")
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or LIFE SCIENCE DEVELOPMENTS
the underlying issuer LIMITED
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
----------------------------------------------------------------- --------------------------
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) MIKE WHITLOW
subject to the
notification obligation:
(iii)
------------------------------------------------------------- ------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
------------------------------------------------------------- ------------------------------
5. Date of the transaction 17 JUNE 2016
and date on
which the threshold is
crossed or
reached: (v)
------------------------------------------------------------- ------------------------------
6. Date on which issuer 20 JUNE 2016
notified:
------------------------------------------------------------- ------------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 3%
------------------------------------------------------------- ------------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
----------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if
possible
using
the ISIN
CODE
----------- ---------------------------------- ---------------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
----------- ---------------- ---------------- -------------- -------------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
----------- ------------ ------------ -------------- ------------ ------------ ------------ -----------
ORD 945,514 945,514 1,145,514 1,145,514 3.05
---------------- ---------------- -------------- ------------ ------------ ------------ -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may 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
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
------------- -------------- -------------- ---------------- ---------------------------- -----------------------
Nominal Delta
------------- -------------- -------------- ---------------- ---------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------- -------------------------------------------------------------------
1,145,514 3.05%
------------------------------------------------- -------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
---------------------------------------------------------------------------------
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: MIKE WHITLOW
------------------------------------------------------------- ------------------
15. Contact telephone number: + 44 7719 943 790
------------------------------------------------------------- ------------------
Life Science Developments Limited +44 (0) 1624 639 396
Mitch Alland, Executive Chairman & Chief Executive
Officer
Denham Eke, Chief Financial Officer
Beaumont Cornish Limited (Nominated Adviser and Broker) +44 (0)
207 628 3396
Roland Cornish and Felicity Geidt
This information is provided by RNS
The company news service from the London Stock Exchange
END
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