International Oil and Gas Tech Ltd Correction Notification of Major Interest in Share (9913U)

TIDMOGT

RNS Number : 9913U

International Oil and Gas Tech Ltd

22 October 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying       INTERNATIONAL OIL AND GAS TECHNOLOGY 
  issuer                                            LIMITED 
  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                                       ü 
-----------------------------------------------------------------------------  ---------- 
 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) subject                          Armstrong Investments Limited 
  to the 
  notification obligation: (iii) 
------------------------------------------  --------------------------------------------- 
 4. Full name of shareholder(s)                                 Nortrust Nominees Limited 
  (if different from 3.):(iv) 
------------------------------------------  --------------------------------------------- 
 5. Date of the transaction and date                                      20 October 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  --------------------------------------------- 
 6. Date on which issuer notified:                                        21 October 2014 
------------------------------------------  --------------------------------------------- 
 7. Threshold(s) that is/are crossed                                         Above 6 & 7% 
  or 
  reached: (vi, vii) 
------------------------------------------  --------------------------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                    Resulting situation after the triggering 
  of             to the 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       Indirect     Direct   Indirect       Direct     Indirect 
                                                                                 (xi)     (xii) 
-------------  ---  -----  -----      -----  ------  -----------  -----------  -------  -------------  ---------  --------- 
 PARTICIP RED 
 PREF SHS 
 USD1           475,000            475,000            575,000      575,000                              7.19 
               -----------------  -----------------  -----------  -----------  -------  -------------  ---------  --------- 
 GG00B29Q2M88 
-------------  ---  -----  -----      -----  ------  -----------  ----  -----  -------  ----  ----     -----      --------- 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of financial          Expiration        Exercise/                  Number of voting            % of voting 
  instrument                 date (xiii)       Conversion Period          rights that may             rights 
                                               (xiv)                      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 rights 
  instrument          price             date (xvii)   Conversion    rights instrument           (xix, xx) 
                                                      period        refers to 
                                                      (xviii) 
------------------  ----------------  -------------  -----------  --------------------------  ----------------------------- 
                                                                                               Nominal         Delta 
------------------  ----------------  -------------  -----------  --------------------------  --------------  ------------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  --------------------------------------------------------- 
 575,000                                                           7.19% 
----------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
                             Nortrust Nominees for Armstrong Investments Limited 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                               N/A 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will                               N/A 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to                                N/A 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                         Mark Le Cras 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             01481 745708 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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