1st Dec 2008 10:04
RNS Number : 2661J
Dragon Oil PLC
01 December 2008
1st December 2008
PRESS RELEASE
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: 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
3. Full name of person(s) subject to the notification obligation:
Artio Global Management LLC
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or
reached: 26 November 2008
6. Date on which issuer notified: 28 November 2008
7. Threshold(s) that is/are crossed or reached: 4%
8. Notified details:
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A) Voting rights attached to shares
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Class/type of shares (if possible using the ISIN CODE)
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Situation previous to the Triggering transaction
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Resulting situation after the triggering transaction
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Number of Shares
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Number of Voting rights
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Number of shares
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Number of voting rights
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% of voting rights
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Indirect*
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Direct
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Indirect
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Direct
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Indirect
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IE0000590798
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21.177.479
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21.177.479
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19.729.332
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19.729.332
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3,86%
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SUBTOTAL A (based on aggregate voting rights)
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21.177.479
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19.729.332
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3,86%
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* Artio Global Management LLC acts as investment manager exercising proxy voting rights on behalf of independent beneficial owners.
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B) Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial instrument
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Expiration Date
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Exercise/Conversion Period/ Date
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Number of voting rights that may be acquired if the instrument is exercised/converted
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% of voting rights
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SUBTOTAL B (in relation to all expiration dates)
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Total (A+B)
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number of voting rights
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% of voting rights
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19.729.332
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3,86%
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9. Chain of controlled undertakings through which the voting rights and/or the
financial instrumentsare effectively held, if applicable:
Artio Global Management LLC acts as investment manager exercising
proxy voting rights on behalf of independent beneficial owners.
10. In case of proxy voting: Artio Global Management LLC will cease to hold
19.729.332 voting rights on termination of the relationship.
11. Additional information:
Done at New York, USA on 28 November 2008.
Notes to Form TR-1
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
DGO.L