Full Press Release Details
Corporations Act 2001
Notice of initial substantial holder
| To Company Name/Scheme | Prima Biomed Ltd | |
| ACN/ARSN | 009 237 889 | |
| 1. Details of substantial holder (1) | ||
| Name | Ridgeback Capital Investments L.P. & Ridgeback Capital Management L.P. & Wayne Holman ( Ridgeback Parties ) | |
| ACN/ARSN (if applicable) | N/A | |
| The holder became a substantial holder on | 27/05/2015 |
2. Details of voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate
(2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:
| Class of securities (4) | Number of securities | Person s votes (5) | Voting power (6) | |||
| Fully paid ordinary | 100,206,500 | 100,206,500 | 5.86% |
3. Details of relevant interests
The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a
substantial holder are as follows:
| Holder of relevant interest | Nature of relevant interest (7) | Class and number of securities | ||
| Ridgeback Capital Investments L.P. | Underlying holder of securities held by the registered holder, HSBC Custody Nominees (Australia) Limited, the custodian for the underlying holder. | 100,206,500 ordinary shares | ||
| Ridgeback Capital Management L.P. | Power to control the right to vote and the disposal of the securities as general partner of Ridgeback Capital Investments L.P. | 100,206,500 ordinary shares | ||
| Wayne Holman | Controller of Ridgeback Capital Management L.P. | 100,206,500 ordinary shares |
4. Details of present registered holders
The persons registered as holders of the securities referred to in paragraph 3 above are as follows:
| Holder of relevant interest | Registered holder of securities | Person entitled to be registered as holder (8) | Class and number of securities | |||
| Ridgeback Parties | HSBC Custody Nominees (Australia) Limited | Ridgeback Capital Investments L.P. | 100,206,500 ordinary shares |
The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder
became a substantial holder is as follows:
| Holder of relevant interest | Date of acquisition | Consideration (9) | Class and number of securities | |||||
| Cash | Non-cash | |||||||
| Ridgeback Parties | 15 May 2015 | $1,249,172 | 72,206,500 | |||||
| Ridgeback Parties | 27 May 2015 | $560,000 | 28,000,000 |
The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:
| Name and ACN/ARSN (if applicable) | Nature of association | |
| N/A | N/A |
The addresses of persons named in this form are as follows:
| Name | Address | |
| Ridgeback Parties | 500 South Pointe Drive, Suite 220, Miami Beach FL 33139 |
| print name | Christian Sheldon | capacity | C.T.O | |||||
| sign here | date | 28/05/2015 |
See the definition of relevant agreement in section
9 of the Corporations Act 2001.