Afren PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (7676Z)

TIDMAFR

RNS Number : 7676Z

Afren PLC

15 December 2014

 
 For filings with the FSA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                        Afren Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------  ----------------------------- 
 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                      No 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------  ---------------------------- 
 An acquisition or disposal of instruments with                          No 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------  ---------------------------- 
 An event changing the breakdown of voting rights                        No 
----------------------------------------------------------  ---------------------------- 
 Other (please                                                           No 
  specify): 
--------------------------------------------------------    ---------------------------- 
 3. Full name of person(s)                                     Standard Life Investments 
  subject to the                                              (Holdings) Limited (Parent 
  notification obligation:                                    Company) -8.127% comprised 
  (iii)                                                                              of: 
                                                               Standard Life Investments 
                                                                        Limited - 8.093% 
                                                               Ignis Investment Services 
                                                                        Limited - 0.034% 
---------------------------------------------------------  ----------------------------- 
 4. Full name of shareholder(s)                                    Vidacos NomineesHSBC 
  (if different from 3.): 
---------------------------------------------------------  ----------------------------- 
 5. Date of the transaction                                                   11/12/2014 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
---------------------------------------------------------  ----------------------------- 
 6. Date on which issuer                                                      12/12/2014 
  notified: 
---------------------------------------------------------  ----------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                                            8% 
---------------------------------------------------------  ----------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the 
  of             to the triggering                 triggering transaction 
  shares         transaction 
-------------  --------------------------------  --------------------------------------------------------------------- 
                Number           Number           Number          Number of voting            % of voting 
                 of               of               of shares       rights                      rights (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ---------------  --------------  --------------------------  ------------------------- 
                                                  Direct          Direct         Indirect     Direct        Indirect 
                                                                                  (xii) 
-------------      -----------    -----------    --------------  -------------  -----------  ------------  ----------- 
 GB00B0672758   88,048,176       88,048,176       90,014,069      48,914,843     41,099,226   4.416         3.711 
-------------  ---------------  ---------------  --------------  -------------  -----------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                        Number of voting              % of 
 financial           date           Conversion                       rights that                   voting 
 instrument                         Period                           may be                        rights 
                                                                     acquired if 
                                                                     the 
                                                                     instrument 
                                                                     is 
                                                                     exercised/ 
                                                                     converted. 
-----------------  -------------  -------------------------------  ----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/         Number of voting              % of voting 
 financial         price         date           Conversion         rights instrument             rights 
 instrument                      (xvii)         period             refers to 
                                                (xviii) 
---------------  -------------  -------------  ----------------  ----------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  -------------  -------------  ----------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
                    90,014,069                                                    8.127 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------------ 
                   Standard Life Investments (Holdings) Limited (Parent 
                               Company) -8.127% comprised of: 
                         Standard Life Investments Limited - 8.093% 
                         Ignis Investment Services Limited - 0.034% 
 
 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: 
-------------------------------------------------------------  --------------------------- 
 14. Contact name:                                                   [e-mail] 
                                                                 Standard Life Investments 
                                                                                       Ltd 
-------------------------------------------------------------  --------------------------- 
 15. Contact telephone number:                                             [phone] 
-------------------------------------------------------------  --------------------------- 
 
 

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