11th Feb 2010 07:00
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 attachedii: 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: Baillie 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 reachedv: 9 February 2010
6. Date on which issuer notified: 10 February 2010
7. Threshold(s) that is/are crossed or reached: 6%
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 transactionvi |
Resulting situation after the triggering transactionvii |
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|
Number of sharesviii |
Number of voting rightsix |
Number of sharesx |
Number of voting rightsxi |
Percentage of voting rights |
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|
Directxii |
Indirectxiii |
Direct |
Indirect |
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|
IE0000590798 |
26,658,702 |
26,658,702 |
30,973,431 |
|
30,973,431 |
|
6.01% |
|
SUBTOTAL A (based on aggregate voting rights) |
26,658,702 |
26,658,702 |
30,973,431 |
30,973,431 |
6.01% |
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|
B) Financial Instruments |
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|
Resulting situation after the triggering transactionxiv |
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|
Type of financial instrument |
Expiration datexv |
Exercise/ conversion period/datexvi |
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 |
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|
Total (A+B) |
number of voting rights |
% of voting rights |
|
|
30,973,431 |
6.01% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicablexvii: Baillie Gifford & Co (parent company) Baillie Gifford Overseas Limited (wholly owned subsidiary of Baillie Gifford & Co)
10. In case of proxy voting: N/A
11. Additional information: N/A
Done at Edinburgh on 10 February 2010
Related Shares:
DGO.L