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Immupharma Plc

Legal & General Group Plc increase holdings in ImmuPharma PLC

ImmuPharma PLC (LSE:IMM), the specialist drug discovery and development company, announces that it has received notification by Legal & General Group Plc (“L&G”) confirming its holding in ImmuPharma of 4,446,545 million Ordinary Shares in the capital of the Company, representing 3.35% of ImmuPharma’s total voting rights figure of 132,522,985 Ordinary Shares.

Commenting, Tim McCarthy, Chairman of ImmuPharma, said: “We are delighted to be able to disclose Legal & General’s increased holding in ImmuPharma as one of our existing major institutional investors which participated in our recent successful GBP4.1 million fundraising demonstrating its continued support for ImmuPharma.”

Full disclosure of the TR1 is shown below:

 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
1. Identity of the issuer or                                         ImmuPharma Plc 
the underlying issuer 
of existing shares to which 
voting rights are 
attached: 
------------------------------------------------------------  ----------------------------- 
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)                                     Legal & General Group Plc 
subject to the                                                          (L&G) 
notification obligation: 
----------------------------------------------------------  ------------------------------- 
4. Full name of shareholder(s)                                Legal & General Assurance 
(if different from 3.):                                        Society Limited (LGAS) 
----------------------------------------------------------  ------------------------------- 
16 March 2017 
5. Date of the transaction 
and date on 
which the threshold is 
crossed or 
reached: 
----------------------------------------------------------  ------------------------------- 
6. Date on which issuer                                             17 March 2017 
notified: 
----------------------------------------------------------  ------------------------------- 
7. Threshold(s) that is/are                                         L&G (Above 3%) 
crossed or 
reached: 
----------------------------------------------------------  ------------------------------- 
8. Notified details: 
---------------------------------------------------------------------------------------------------------- 
A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------- 
Class/type               Situation                            Resulting situation after the 
of                       previous                                triggering transaction 
shares               to the triggering 
transaction 
if possible 
using 
the ISIN 
CODE 
-------------  -------------------------------  ---------------------------------------------------------- 
Number          Number                        Number of voting         % of voting 
of               of                              rights                 rights 
Shares           Voting 
Rights 
-------------  ---------------  --------------  ------------  -----------------------  ------------------- 
Number        Direct     Indirect    Direct    Indirect 
of shares 
-------------    -------------   -------------  ------------  -----------  ----------  --------  --------- 
ORD GBP 
0.10                      Below 3%              4,446,545     4,446,545       -        3.35%       - 
-------------  -------------------------------  ------------  -----------  ----------  --------

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.