11th Feb 2009 17:16
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Petrofac Limited
2. Reason for the notification (please place an X inside the appropriate bracket/s):
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 (please specify) : ( X )
The Non-EEA issuer list issued by the FSA includes Petrofac Limited, therefore the disclosure level would normally be 5%. Legal & General has been informed today by the Company that whilst Petofac Limited is incorporated in Jersey, the Company's Articles are drafted such that shareholders are required to disclose at the 3% threshold.
3. Full name of person(s) subject to the notification obligation:
Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3.) :
n/a
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
n/a
6. Date on which issuer notified:
11 February 2009
7. Threshold(s) that is/are crossed or reached:
Above 3% (L&G)
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 |
|
|
|
Number of shares |
Number of voting Rights |
|
Ordinary GB00B0H2K534 |
Below 3% |
|
Resulting situation after the triggering transaction
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
Direct |
Direct |
Indirect |
Direct |
Indirect |
|
Ordinary GB00B0H2K534 |
13,693,639 |
13,693,639 |
3.96 |
||
B: Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Expiration Date |
Exercise/Conversion Period/ Date |
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 |
|
13,693,639 |
3.96 |
|
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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|
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Proxy Voting:
10. Name of the proxy holder:
n/a
11. Number of voting rights proxy holder will cease to hold:
n/a
12. Date on which proxy holder will cease to hold voting rights:
n/a
13. Additional information:
Notification is based on a total voting rights figure of 345,434,858.
14. Contact name:
Mary Hitchon
15. Contact telephone number:
+44 207 811 4900
Related Shares:
PetrofacLegal & General