14th Jul 2009 09:41
For Immediate Release
14 July 2009
DRAGON OIL PLC ("Dragon Oil")
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: Dragon Oil Plc
2. Reason for the notification (please tick the appropriate box or boxes):
[X] an acquisition or disposal of voting rights
[ ] 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:
3. Full name of person(s) subject to the notification obligationiii: Baillie Gifford & Co
4. Full name of shareholder(s) (if different from 3.)iv:
Bailie Gifford Overseas Limited and Baillie Gifford& Co as discretionary
managers for their clients.
5. Date of the transaction and date on which the threshold is crossed or reached:
29 June 2009
6. Date on which issuer notified: 14 July 2009
7. Threshold(s) that is/are crossed or reached: 4%
8. Notified details:
|
A: Voting rights attached to shares |
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|
Class/type of shares If possible use ISIN code |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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|
Number of shares |
Number of voting rights |
Number of shares |
Number of voting rights |
Percentage of voting rights |
|||
|
Direct |
Indirect |
Direct |
Indirect |
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|
IE0000590798 |
20,506,902 |
20,506,902 |
20,579,902 |
20,579,902 |
3.996% |
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|
SUBTOTAL A (based on aggregate voting rights) |
20,506,902 |
20,506,902 |
20,579,902 |
20,579,902 |
3.996% |
|
B: Financial Instruments |
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|
Resulting situation after the triggering transaction |
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|
Type of financial instrument |
Expiration date |
Exercise/ conversion period/date |
No. of voting rights that may be acquired (if the instrument exercised/converted) |
Percentage of voting rights |
|
N/A |
N/A |
N/A |
N/A |
N/A |
|
SUBTOTAL B (in relation to all expiration dates) N/A |
|
Total (A+B) 20,885,197 |
number of voting rights 20,579,902 |
% of voting rights 3.996% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicablexvii:
Bailie Gifford & Co (parent company)
Bailie Gifford Overseas Limited (wholly owned subsidiary of Baillie
Gifford & Co)
10. In case of proxy voting: [name of the proxy holder] will cease to hold [number] voting rights as of [date]. N/A
11. Additional information: N/A
Related Shares:
DGO.L