4th Nov 2013 10:57
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Northern Petroleum Plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | Yes | |||
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 | ||||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | Damille Investments II Limited | |||
4. Full name of shareholder(s) (if different from 3.):iv | Singer Nominees Limited (on behalf of Damille Investments II Limited) and Pershing Nominees Limited (on behalf of Damille Investments II Limited) | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 28 October 2013 | |||
6. Date on which issuer notified: | 29 October 2013 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5% | |||
Northern Petroleum Plc
("Northern" or "the Company")
Notification of Shareholding
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
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 x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB00B0D47T64 | 5,598,183 | 5,598,183 | N/A | N/A | 4,013,183 | N/A | 4.21% | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
N/A | N/A | N/A | N/A | N/A | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
N/A | N/A | N/A | N/A | N/A
| Nominal | Delta | ||||||||||
N/A | N/A | |||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
4,013,183 | 4.21% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Damille Investments II Limited holds 1,805,000 shares through Singer Nominees Limited and 2,208,183 shares through Pershing Nominees 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: | N/A | |
14. Contact name: | Anson Fund Managers Limited | |
15. Contact telephone number: | 01481 722 260 | |
---ENDS---
For further information please contact:
Northern Petroleum Plc Keith Bush, Chief Executive Officer | Tel: +44 (0) 20 7469 2900 |
Nick Morgan, Finance Director
|
Notes to Editors:
Northern is an oil and gas company currently holding licences in countries of relatively low political risk and is continuing with its strategy of adding and securing value for shareholders as it enters into projects at all stages of the exploration and production value chain. Comprehensive information on Northern and its oil and gas operations, including press releases, annual reports and interim reports are available from Northern's website: www.northpet.com.
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