Rutherford Health - Holding(s) in Company and Total Voting Rights London Stock Exchange
RNS Number : 6807M
Rutherford Health PLC
17 September 2019
 

17 September 2019                       

Rutherford Health Plc

Holdings in the Company

Rutherford Health plc (the "Company", "Rutherford" or "Group") announces that following the completion of the issue of shares, as announced on 11 September 2019 (the "Share Issue"), the Company has today received notification from Woodford Investment Management Limited regarding its subscription for 7,102,273 Rutherford ordinary shares of £0.001 each ("Ordinary Shares") which were admitted to trading on NEX on 16 September 2019.

Following the issue of these new Ordinary Shares pursuant to the Share Issue, each of LF Woodford Equity Income Fund and Woodford Patient Capital Trust plc, has the following holdings.

 

Number of Ordinary Shares

Percentage of issued share capital

Percentage of total voting rights

LF Woodford Equity Income Fund

       38,766,186*

21.57%

19.50%

Woodford Patient Capital Trust plc

       52,136,363

29.01%

29.78%

 

 

As announced on 11 September 2019, the Company has 179,700,533 Ordinary Shares in issue,

As LF Woodford Equity Income Fund is limited to 19.50 per cent. of the Company's voting rights, the voting rights of all other shareholders have been adjusted accordingly.

 

For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ("DTRs"), Rutherford has 175,073,723 Ordinary Shares in issue with voting rights attached. Rutherford holds no shares in treasury. This figure of 175,073,723 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the DTRs.

 

 

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

The directors of Rutherford Health plc accept responsibility for this announcement.

Contacts

Rutherford Health Plc

 

 

Michael Moran, Chief Executive Officer

Tel: +44 (0) 16 3381 0661

 

 

 

 

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

 

 

*  Adjusted voting rights of 34,139,376 

 

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 underlying issuer of existing shares to which voting rights are attachedii:

Rutherford Health Plc

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 obligationiv

Name

Woodford Investment Management Ltd

City and country of registered office (if applicable)

Oxford, 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 crossed or reachedvi:

16/09/2019

6. Date on which issuer notified (DD/MM/YYYY):

17/09/2019

7. Total positions of person(s) subject to the notification obligation

 

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

49.28%

 

49.28%

175,073,723

Position of previous notification (if

applicable)

48.55%

 

48.55%

 

             

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BJCWB146

86,275,739

 

49.28%

 

 

 

 

 

 

SUBTOTAL 8. A

86,275,739

49.28%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

 

 

 

 

 

 

 

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 instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

 

 

 

 

 

 

 

 

 

SUBTOTAL 8.B.2

 

 

 

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

X

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)

 

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Woodford Investment Management Ltd

49.28

0.00

49.28

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 informationxvi

LF Woodford Equity Income Fund is limited to 19.50 per cent. of the Company's voting rights, and the figure above has been adjusted to reflect this.

         

 

Place of completion

Oxford

Date of completion

17/09/2019

 

 

 


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
 
 
NEXSFSFWWFUSESU ]]>