9th Oct 2013 07:00
9 October 2013
FORTUNE OIL PLC
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: | FORTUNE OIL PLC | |||||||||||||||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||||||||||||||
An acquisition or disposal of voting rights | ü | |||||||||||||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||||||||||||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||||||||||||||
An event changing the breakdown of voting rights | ü | |||||||||||||||
Other (please specify): | CHANGE IN ISSUED SHARE CAPITAL | |||||||||||||||
3. Full name of person(s) subject to thenotification obligation: | DANIEL CHIU, DENNIS CHIU & FIRST LEVEL HOLDINGS LIMITED | |||||||||||||||
4. Full name of shareholder(s) (if different from 3.): | FORTUNE DYNASTY HOLDINGS LIMITED, FIRST LEVEL HOLDINGS LIMITED, GOLDMAN SACHS SECURITIES (NOMINEES) LIMITED ILSEG ACCT | |||||||||||||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | 3 OCTOBER 2013 | |||||||||||||||
6. Date on which issuer notified: | 8 OCTOBER 2013 | |||||||||||||||
7. Threshold(s) that is/are crossed orreached: | FORTUNE DYNASTY HOLDINGS FROM 0% TO 23.18% FIRST LEVEL HOLDINGS FROM 32.57% TO 25.02% GOLDMAN SACHS FROM 3.94% TO 3.03% | |||||||||||||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights | ||||||||||||
Direct | Direct | Indirect | Direct | Indirect | ||||||||||||
ORD
|
FORTUNE DYNASTY 0
FIRST LEVEL 647,244,857
GOLDMAN SACHS SECURITIES 78,390,715
|
0
647,244,857
78,390,715
|
599,639,580
647,244,897
78,390,715
|
599,639,580
647,244,857
-
|
-
-
78,390,715
|
25.02%
3.03%
|
23.18%
| |||||||||
1P
GB0001022960
| ||||||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate | Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
N/A | ||||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to
| % of voting rights
| |||||||||||
N/A |
| Nominal | Delta | |||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
599,639,580+ 647,244,897+ 78,390,715 = 1,325,275,192 | 23.18% +25.02%+ 3.03% = 51.23% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||||||||||||||||
Daniel Chiu and Dennis Chiu control First Level Holdings Limited Goldman Sachs Securities acts as nominee for First Level Holdings Limited Fortune Dynasty Holdings Limited is a 55% subsidiary of First Level Holdings Limited
| ||||||||||||||||
Proxy Voting: | ||||||||||||||||
10. Name of the proxy holder: | N/A | |||||||||||||||
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |||||||||||||||
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |||||||||||||||
13. Additional information: | NOTIFICATION USING THE TOTAL VOTING RIGHTS FIGURE OF 2,587,106,295 | |||||||||||||||
14. Contact name: | W K CHAN | |||||||||||||||
15. Contact telephone number: | 852 2838 6186 | |||||||||||||||
Related Shares:
FTO.L