1st Jul 2010 07:00
Embargoed for release: 0700 on 1 July 2010
Northern Petroleum Plc ("Northern" or "the Company") Notification of Shareholding
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:
Northern Petroleum Plc
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 ) Reduction in shareholding percentage following Admission of Placing shares on 29 June 2010
3. Full name of person(s) subject to the notification obligation:
Barry James Lonsdale
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 if different):
29/06/10
6. Date on which issuer notified:
30/06/10
7. Threshold(s) that is/are crossed or reached:
7%8. Notified details:……………..
A: Voting rights attached to shares
Class/type of shares if Situation previous to the Triggering transaction possible using the ISIN CODE Number of shares Number of voting Rights GB00B0D47T64 6,029,661 6,029,661
Resulting situation after the triggering transaction
Class/type of Number of shares Number of voting rights % of voting rightsshares if possible using the ISIN CODE Direct Direct Indirect Direct Indirect GB00B0D47T64 6,029,661 4,822,875 1,206,786 5.25 1.32
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Date Exercise/ Number of voting % of voting financial Conversion Period rights that may be rights instrument / Date acquired if the instrument is exercised/ converted. Total (A+B)Number of voting % of voting rights rights 6.57 6,029,661
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Proxy Voting:10. Name of the proxy holder:……………..
11. Number of voting rights proxy holder will cease to hold:
……………..
12. Date on which proxy holder will cease to hold voting rights:
……………..
13. Additional information:
Based on total shares in issue of 91,812,701 as per Total Voting Rights announcement dated 30 June 2010.
14. Contact name:
Chris Foss, Director of Legal & Corporate Affairs
15. Contact telephone number:
020 7469 2900 ---ENDS--- Notes to Editors:About Northern
Northern Petroleum Plc is an independent oil and gas Exploration Company listed on the AIM market in London focused on the European Union and nearby areas.
Comprehensive information on Northern and its oil and gas operations, including all press releases, annual reports and interim reports are available from Northern's website at www.northpet.com.
vendorRelated Shares:
Cabot Energy