Faroe Petroleum PLC Holding(s) in Company (9185E)

TIDMFPM TIDMAV.

RNS Number : 9185E

Faroe Petroleum PLC

21 July 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                     Faroe Petroleum 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 
---------------------------------------------------------------------------------------------------------- 
 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                                                CHANGE TO THE NUMBER OF VOTING RIGHTS 
  specify):                                                   FOLLOWING THE RECENT PLACING 
-----------------------------------------------------------  --------------------------------------------- 
 3. Full name of person(s)                                      Aviva plc & its subsidiaries 
  subject to the 
  notification obligation: 
  (iii) 
-------------------------------------------------------------  --------------------------------------------- 
 4. Full name of shareholder(s)                                      Registered Holder: 
  (if different from 3.):(iv) 
                                                                      BNY Norwich Union Nominees 
                                                                      Limited 1,860,501* 
 
                                                                      Chase (GA Group) Nominees 
                                                                      Limited 18,851,514* 
 
                                                                      Chase Nominees Limited 196,863* 
 
                                                                      *denotes direct interest 
 
                                                                      Chase Nominees Limited 620,586 
 
                                                                      Vidacos Nominees Limited 3,526,710 
-------------------------------------------------------------  --------------------------------------------- 
 5. Date of the transaction                                     20 July 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-------------------------------------------------------------  --------------------------------------------- 
 6. Date on which issuer                                        21 July 2016 
  notified: 
-------------------------------------------------------------  --------------------------------------------- 
 7. Threshold(s) that is/are                                    7% to 5% Change at Direct 
  crossed or                                                     Interest Level 
  reached: (vi, vii) 
-------------------------------------------------------------  --------------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------- 
 Class/type         Situation previous              Resulting situation after the 
  of                 to the triggering               triggering transaction 
  shares             transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-----------------  ------------------------------  ----------------------------------------------------------- 
                    Number             Number       Number         Number of voting          % of voting 
                     of                 of           of shares      rights                    rights (x) 
                     Shares             Voting 
                                        Rights 
-----------------  -----------------  -----------  -------------  ------------------------  ------------------ 
                                                    Direct         Direct       Indirect     Direct   Indirect 
                                                                    (xi)         (xii) 
-----------------  -----------------  -----------  -------------  -----------  -----------  -------  --------- 
 Ordinary 
  Shares 
 
 
  GB0033032904      22,471,828         22,471,828   25,056,174     20,908,878   4,147,296    5.85%     1.16% 
                   -----------------  -----------  -------------  -----------  -----------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration         Exercise/                   Number of voting          % of voting 
  financial          date               Conversion                  rights that               rights 
  instrument         (xiii)             Period (xiv)                may be 
                                                                    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 financial   Exercise   Expiration   Exercise/     Number of voting     % of voting 
  instrument          price      date         Conversion    rights instrument    rights (xix, 
                                 (xvii)       period        refers to            xx) 
                                              (xviii) 
------------------  ---------  -----------  ------------  -------------------  ---------------- 
                                                                                Nominal   Delta 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 25,056,174                7.01% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------ 
 The voting rights are managed and controlled by Aviva 
  Investors Global Services Limited, with the following 
  chain of controlled undertakings:- 
 
  Aviva Investors Global Services Limited: 
   *    Aviva plc (Parent Company) 
 
 
   *    Aviva Group Holdings Limited (wholly owned subsidiary 
        of Aviva plc) 
 
 
   *    Aviva Investors Holdings Limited (wholly owned 
        subsidiary of Aviva Group Holdings Limited) 
 
 
   *    Aviva Investors Global Services Limited (wholly owned 
        subsidiary of Aviva Investors Holdings Limited) 
 
 Proxy Voting: 
------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                  See Section 4 
---------------------------------------------  ------------------------------- 
 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:                    Figures are based on a total 
                                                 number of voting rights of 
                                                 357,533,765 as per the Result 
                                                 of Placing announcement of 
                                                 15 July 2016. 
---------------------------------------------  ------------------------------- 
 14. Contact name: 
                                                    Neil Whittaker, Aviva plc 
---------------------------------------------  ------------------------------- 
 15. Contact telephone number:                             01603 684420 
---------------------------------------------  ------------------------------- 
 
 

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July 21, 2016 12:05 ET (16:05 GMT)