16th May 2008 17:02
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Petrofac Limited
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
……………..
3. Full name of person(s) subject to the notification obligation (iii):
Rodney Chase, Chairman of Petrofac Limited
4. Full name of shareholder(s) (if different from 3.) (iv):
Proxy votes from 339 shareholders
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
14 May 2008
6. Date on which issuer notified:
15 May 2008
7. Threshold(s) that is/are crossed or reached:
Between 68.9% and 70.11%
8. Notified details:
……………..
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction (vi) |
|
|
|
Number of shares |
Number of voting Rights (viii) |
|
GB00B0H2K534 |
Below 3% |
|
Resulting situation after the triggering transaction (vii)
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
||
|
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
GB00B0H2K534 |
Between 238,078,956 and 242,186,858 shares depending on the resolution being considered |
Between 238,078,956 and 242,186,858 voting rights depending on the resolution being considered |
Between 68.9% and 70.11% depending on the resolution being considered |
||
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
|
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
Between 238,078,956 and 242,186,858 shares depending on the resolution being considered |
Between 68.9% and 70.11% depending on the resolution being considered |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Proxy Voting:
10. Name of the proxy holder:
Rodney Chase, Chairman of Petrofac Limited
11. Number of voting rights proxy holder will cease to hold:
Between 238,078,956 and 242,186,858
12. Date on which proxy holder will cease to hold voting rights:
16 May 2008
13. Additional information:
This notification relates to voting rights held by Rodney Chase, Chairman of Petrofac Limited, pursuant to the proxy votes cast by shareholders in relation to the twelve resolutions considered at Petrofac Limited's Annual General Meeting. The voting rights lapse immediately upon the conclusion of the meeting and voting rights return to all shareholders.
14. Contact name:
Lucille Dolor , Interim Secretary to the Board
15. Contact telephone number:
020 7811 4900
Related Shares:
Petrofac