Afren PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (5321D)

TIDMAFR

RNS Number : 5321D

Afren PLC

29 January 2015

 
 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)                                   The equity funds; SKAGEN Global 
  subject to the                                                Veripapirfond, SKAGEN global 
  notification obligation:                                      II Verdipapirfond and SKAGEN 
  (iii)                                                            Global III Verdipapirfond 
---------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
---------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                                  28 January 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
---------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                                     29 January 2015 
  notified: 
---------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                                                3% 
---------------------------------------------------------  --------------------------------- 
 
 
 
 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) 
-------------      ------------    ------------    --------------  ----------  ------------  ------------  ----------- 
                37 780            37 780            6 805           6 805 
 GB00B0672758    984               984               784             784                      0.61% 
-------------  ----------------  ----------------  --------------  ----------  ------------  ------------  ----------- 
 
 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 
---------------------------------------------------  ----------------------------------------------------------------- 
                     6 805 784                                                     0.61% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
--------------------------------------------------------------------------------- 
 Voting rights are held by the equity funds SKAGEN Global 
  Veripapirfond, SKAGEN global II Verdipapirfond and SKAGEN 
  Global III Verdipapirfond. Exercise of voting rights 
  may be carried out by the funds' approved depository 
  bank, Handelsbanken 
 
 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:                                              Svein Tore Hansen 
-------------------------------------------------------------  ------------------ 
 15. Contact telephone number:                                   + 47 51 80 38 35 
-------------------------------------------------------------  ------------------ 
 
 

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