NPH Neuropharm

 

TIDMNPH TIDMLLOY 
 
RNS Number : 3454K 
Neuropharm Group PLC 
16 April 2010 
 

 
+------------------------------+------------------------------------+ 
| For immediate release        |                      16 April 2010 | 
+------------------------------+------------------------------------+ 
 
 
                              Neuropharm Group plc 
                        ("Neuropharm" or the "Company") 
 
                TR-1: Notification of Major Interests in Shares 
 
+-----------------------------------------+-------------------------+ 
| 1. Identity of the issuer or the        |  Neuropharm Group plc   | 
| underlying issuer of existing shares to |                         | 
| which voting rights are attached:       |                         | 
+-----------------------------------------+-------------------------+ 
| 2. Reason for the notification          |                         | 
+-----------------------------------------+-------------------------+ 
| An acquisition or disposal of voting    |          Yes            | 
| rights                                  |                         | 
+-----------------------------------------+-------------------------+ 
| 3. Full name of person(s) subject to    |  Lloyds Banking Group   | 
| the notification obligation:            |          plc            | 
+-----------------------------------------+-------------------------+ 
| 4. Full name of shareholder(s) (if      |     See Section 9.      | 
| different from 3.):                     |                         | 
+-----------------------------------------+-------------------------+ 
| 5. Date of the transaction and date on  |      14 April 2010      | 
| which the threshold is crossed or       |                         | 
| reached:                                |                         | 
+-----------------------------------------+-------------------------+ 
| 6. Date on which issuer notified:       |      15 April 2010      | 
+-----------------------------------------+-------------------------+ 
| 7. Threshold(s) that is/are crossed or  |    Direct/indirect      | 
| reached:                                |  holdings decreased to  | 
|                                         |        below 9%         | 
+-----------------------------------------+-------------------------+ 
 
+--------------+------------+-----------+-----------+------------+-----------+----------+------------+----------+ 
| 8. Notified details:                                           |                                   |          | 
+----------------------------------------------------------------+-----------------------------------+----------+ 
| A: Voting rights attached to shares                                                                           | 
+---------------------------------------------------------------------------------------------------------------+ 
|  Class/type  |       Situation        |         Resulting situation after the triggering transaction          | 
|  of shares   |    previous to the     |                                                                       | 
|      if      |      Triggering        |                                                                       | 
|  possible    |      transaction       |                                                                       | 
|  using the   |                        |                                                                       | 
|  ISIN CODE   |                        |                                                                       | 
+              +------------------------+-----------------------------------------------------------------------+ 
|              | Number of  |  Number   |  Number   |       Number of        |        % of voting rights        | 
|              | Shares     |    of     |    of     |     voting rights      |                                  | 
|              |            |  Voting   |  shares   |                        |                                  | 
|              |            |  Rights   |  Direct   |                        |                                  | 
+              +            +           +           +------------------------+----------------------------------+ 
|              |            |           |           | Direct     | Indirect  |  Direct  |       Indirect        | 
+--------------+------------+-----------+-----------+------------+-----------+----------+-----------------------+ 
|   Ord 10p    | 3,036,616  |3,036,616  |1,320,452  | 1,320,452  |1,499,622  |  4.187%  |        4.755%         | 
|    Shares    |            |           |           |            |           |          |                       | 
+--------------+            +           +           +            +           +          +                       + 
|GB00B1NPJJ01  |            |           |           |            |           |          |                       | 
+--------------+------------+-----------+-----------+------------+-----------+----------+-----------------------+ 
|              |            |           |           |            |           |          |            |          | 
+--------------+------------+-----------+-----------+------------+-----------+----------+------------+----------+ 
 
 
+-------------+------------+---------------+----------------+---------+ 
| B: Financial Instruments                                            | 
+---------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                | 
+---------------------------------------------------------------------+ 
| Type of     | Expiration | Exercise/     | Number of      | % of    | 
| financial   | date       | Conversion    | voting rights  | voting  | 
| instrument  |            | Period/ Date  | that may be    | rights  | 
|             |            |               | acquired if    |         | 
|             |            |               | the instrument |         | 
|             |            |               | is exercised/  |         | 
|             |            |               | converted      |         | 
+-------------+------------+---------------+----------------+---------+ 
|             |            |               |                |         | 
+-------------+------------+---------------+----------------+---------+ 
 
+--------------+----------+------------+-----------------+-------------+ 
| C: Financial Instruments with similar economic effect to             | 
| Qualifying Financial Instruments                                     | 
+----------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                 | 
+----------------------------------------------------------------------+ 
| Type of      | Exercise | Expiration | Number of       | % of voting | 
| financial    | price    | date       | voting rights   | rights      | 
| instrument   |          |            | instrument      |             | 
|              |          |            | refers to       |             | 
|              |          |            |                 |             | 
+--------------+----------+------------+-----------------+-------------+ 
|              |          |            |                 |             | 
+--------------+----------+------------+-----------------+-------------+ 
 
+--------------------------------+----------------------------------+ 
| Total (A+B+C)                                                     | 
+-------------------------------------------------------------------+ 
| Number of voting rights        | % of voting rights               | 
+--------------------------------+----------------------------------+ 
| 2,820,074                      | 8.942%                           | 
+--------------------------------+----------------------------------+ 
 
+-------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting      | 
| rights and/or the financial instruments are effectively held, if  | 
| applicable:                                                       | 
+-------------------------------------------------------------------+ 
| 2,820,062 shares (8.942%) are under the control of Scottish       | 
| Widows Investment Partnership Ltd, a wholly owned subsidiary of   | 
| Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds    | 
| TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group   | 
| plc (Direct/Indirect Interests).                                  | 
| Within these holdings, 1,305,727 shares (4.140%) are managed on   | 
| behalf of Clerical Medical Investment Group Limited, a wholly     | 
| owned subsidiary of HBOS Financial Services Limited, a wholly     | 
| owned subsidiary of HBOS Insurance & Investment Group Limited, a  | 
| wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of | 
| Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking  | 
| Group plc, These holdings are therefore disclosed as an overall   | 
| Direct Interest.                                                  | 
+-------------------------------------------------------------------+ 
 
+------------------------------------------+------------------------+ 
| Proxy Voting:                                                     | 
+-------------------------------------------------------------------+ 
| 10. Name of the proxy holder:            | N/A                    | 
+------------------------------------------+------------------------+ 
| 11. Number of voting rights proxy holder | N/A                    | 
| will cease to hold:                      |                        | 
+------------------------------------------+------------------------+ 
| 12. Date on which proxy holder will      | N/A                    | 
| cease to hold voting rights:             |                        | 
+------------------------------------------+------------------------+ 
 
+----------------------------+--------------------------------------+ 
| 13. Additional             | Notification using the Total Voting  | 
| information:               | Rights figure of 31,536,697          | 
+----------------------------+--------------------------------------+ 
| 14. Contact name:          | Matthew Wilson                       | 
+----------------------------+--------------------------------------+ 
| 15. Contact telephone      | 0113 235 7729                        | 
| number:                    |                                      | 
+----------------------------+--------------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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