TIDMSKP TIDMLGEN

RNS Number : 3199K

Skyepharma PLC

23 June 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying          Skyepharma 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 
                                                                                     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       On market transfer between indirect and direct 
  specify):           funds 
------------------  ------------------------------------------------------------  ------- 
 3. Full name of person(s) subject                Legal & General Group Plc (Group) 
  to the 
  notification obligation: (iii)                 Legal & General Investment Management 
                                                            Limited (LGIM) 
------------------------------------------  --------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                       Legal & General Group Plc (L&G) 
------------------------------------------  --------------------------------------------- 
 5. Date of the transaction and date                         20 June 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  --------------------------------------------- 
 6. Date on which issuer notified:                           23 June 2014 
------------------------------------------  --------------------------------------------- 
 7. Threshold(s) that is/are crossed               Group (Above 5%) L&G (Below 3%) 
  or 
  reached: (vi, vii)                                LGIM (Above 5%) L&G (Below 3%) 
------------------------------------------  --------------------------------------------- 
 
 
 
 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) 
-----------------  --------------  --------------  -----------  -------  ----------  ---------  ---------- 
 Ordinary Shares 
  GBP1 
                                                                 Below 
  GB00B3BFNB64                                      5,693,954      3%     2,835,524    0.00%       2.70% 
                                                   -----------  -------  ----------  ---------  ---------- 
                     Below 5% 
 
              As of First notification 
                  under DTR Source 
                        Book 
 ------------------------------  ----------------  -----------  -------  ----------  ---------  ---------- 
 
 
 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 financial   Exercise   Expiration     Exercise/     Number of voting     % of voting rights 
  instrument          price      date (xvii)    Conversion    rights instrument    (xix, xx) 
                                                period        refers to 
                                                (xviii) 
------------------  ---------  -------------  ------------  -------------------  --------------------- 
                                                                                  Nominal      Delta 
------------------  ---------  -------------  ------------  -------------------  -----------  -------- 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
        5,693,954                     5.43% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
----------------------------------------------------------------------------------------- 
  Legal & General Group Plc (Direct and Indirect) 
   (Group) (5,693,954 -5.43% = Total Position) 
   Legal & General Investment Management (Holdings) 
   Limited (LGIMH) (Direct and Indirect) (5,693,954 
   -5.43% = Total Position) 
   Legal & General Investment Management Limited 
   (Indirect) (LGIM) (5,693,954 -5.43% = Total 
   Position) 
           Legal & General Group Plc (Direct) (L&G) (Below 3% = LGAS, LGPL & PMC) 
   Legal & General Investment           Legal & General Insurance Holdings Limited 
   Management (Holdings) Limited        (Direct) (LGIH) 
   (Direct) (LGIMHD) (PMC) 
   Legal & General Assurance            Legal & General Assurance Society Limited (LGAS & 
   (Pensions Management) Limited        LGPL) 
   (PMC) (PMC) 
                                        Legal & General Pensions Limited (Direct) (LGPL) 
----------------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
---------------------------------------------------- 
 10. Name of the proxy holder:                   N/A 
----------------------------------------------  ---- 
 11. Number of voting rights proxy holder will   N/A 
  cease 
  to hold: 
----------------------------------------------  ---- 
 12. Date on which proxy holder will cease to    N/A 
  hold 
  voting rights: 
----------------------------------------------  ---- 
 
 
 
  13. Additional information: 
-------------------------------  ------------------- 
 14. Contact name: 
                                    C Carpenter 
-------------------------------  ------------------- 
 
 15. Contact telephone number:         020 7881 1173 
-------------------------------  ------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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