Alliance Pharma Plc has received a notification of major holdings from DBAY Advisors Limited, acting as the discretionary investment manager of Fixtaia Limited, Logistics Development Group Plc, and DouglasBay Capital IV Fund LP. The notification states that DBAY Advisors Limited now holds 18.51% of the voting rights in Alliance Pharma Plc. This represents an increase from their previous position of 17.18%. The total number of voting rights held by DBAY Advisors Limited is 99,965,220. The notification was made on 30 August 2023 and the threshold was crossed on 25 August 2023.
The notification also provides information on the financial instruments held by DBAY Advisors Limited. There are no financial instruments that may be acquired if exercised or converted. The notification states that DBAY Advisors Limited is not controlled by any natural person or legal entity and does not control any other undertakings holding an interest in Alliance Pharma Plc.
The notification also includes information on the chain of controlled undertakings through which the voting rights and financial instruments are effectively held. DBAY Advisors Limited holds 18.51% of the voting rights directly, Logistics Development Group Plc holds 10.51% of the voting rights, Fixtaia Limited holds 10.51% of the voting rights, and DouglasBay Capital IV Fund LP holds 8.00% of the voting rights.
The notification was completed in Douglas, Isle of Man.