Circle Oil PLC TR 1 Notification of Major Interest in Shares (1377C)

TIDMCOP

RNS Number : 1377C

Circle Oil PLC

23 June 2016

 
 For filings with the FCA 
  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                                               Circle Oil 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                                        X 
-------------------------------------------------------------------  ------------------------------- 
 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 
  specify): 
---------------------------------------------------------  --------  ------------------------------- 
 3. Full name of person(s)                                         The Capital Group Companies, 
  subject to the                                                               Inc. 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s)                                           See Section 9 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                                16 June 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                                   20 June 2016 
  notified: 
-----------------------------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are                                      Below 4% - Aggregate of voting 
  crossed or                                                            rights from shares 
  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                % of voting 
                   of               of                of shares       voting                   rights (x) 
                   Shares           Voting                            rights 
                                    Rights 
---------------  ---------------  ----------------  --------------  -----------------------  ------------------------- 
                                                     Direct          Direct     Indirect      Direct        Indirect 
                                                                     (xi)        (xii) 
---------------      -----------    ------------    --------------  ---------  ------------  ------------  ----------- 
    Ordinary 
 (IE00B034YN94)     22,687,000       22,687,000                                 22,487,000                   3.9740% 
---------------  ---------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration     Exercise/                         Number of voting           % of voting 
  instrument           date           Conversion                        rights that                rights 
                       (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            Exercise       Expiration      Exercise/         Number of voting           % of voting 
 financial           price         date            Conversion         rights instrument          rights (xix, 
 instrument                        (xvii)          period             refers to                  xx) 
                                                   (xviii) 
-----------------  -------------  --------------  ----------------  -------------------------  ----------------------- 
                                                                                                Nominal       Delta 
-----------------  -------------  --------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
                     22,487,000                                                    3.9740% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------------------------------------- 
 
                                                                  Number of        Percent 
                                                                    Shares      of Outstanding 
    The Capital Group Companies, Inc. 
     ("CG") holdings                                              22,487,000       3.9740% 
 
    Holdings by CG Management Companies 
     and Funds: 
   ------------------------------------------------------------  -----------  ---------------- 
    -- Capital Research and Management 
     Company                                                      22,487,000       3.9740% 
 
          *    American Funds Insurance Series - Global Small 
               Capitalization Fund                                22,487,000       3.9740% 
 
 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:                                                        American Funds Insurance 
                                                                               Series - Global Small Capitalization 
                                                                                    Fund does not exercise its 
                                                                                     own voting rights. Voting 
                                                                                  shares are exercised by Capital 
                                                                                 Research and Management Company. 

----------------------------------------------------------------------------  -------------------------------------- 
 14. Contact name:                                                                         Gina Martinez 
----------------------------------------------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                                            [phone] 
----------------------------------------------------------------------------  -------------------------------------- 
 
 

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The company news service from the London Stock Exchange

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June 23, 2016 12:13 ET (16:13 GMT)