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, dated 29 May 2024, indicates that on 24 May 2024, the threshold of 24.09% of voting rights attached to shares was crossed or reached. This represents a slight increase from the previous notification, which stood at 23.05%.
The total number of voting rights held in the issuer as of the date of the threshold being crossed or reached is 130,155,759. This is equivalent to 24.09% of the voting rights. The breakdown of voting rights held by the entities under DBAY Advisors Limited is as follows: DBAY Advisors Limited holds 24.09%, Logistics Development Group Plc holds 11.62%, Fixtaia Limited holds 11.62%, and DouglasBay Capital IV Fund LP holds 12.47%.
The notification also includes details of the financial instruments held by the entities, but no specific information is provided regarding the expiration date, exercise/conversion period, or the number of voting rights that may be acquired if the instruments are exercised/converted.
The notification was completed in Douglas, Isle of Man, and supplied by Euroland.com. It is important to note that this notification is in accordance with the standard form for notification of major holdings and is intended to be sent to the relevant issuer and the Financial Conduct Authority (FCA).
In summary, the notification of major holdings from DBAY Advisors Limited, acting as the discretionary investment manager of several entities, indicates an increase in the total voting rights held in Alliance Pharma Plc, crossing the threshold to 24.09%. This information provides insight into the significant holdings and voting rights within the company.