Lekoil Limited Holding(s) in Company (0490N)

TIDMLEK

RNS Number : 0490N

Lekoil Limited

20 October 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                              Lekoil Limited 
  the underlying issuer                                                ISIN: KYG5462G1073 
  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)                                      Baron Capital Group, Inc. 
  subject to the                                                                  ("BCG") 
  notification obligation:                                          BAMCO, Inc. ("BAMCO") 
  (iii)                                                         Baron Capital Management, 
                                                                             Inc. ("BCM") 
                                                                             Ronald Baron 
-----------------------------------------------------------  ---------------------------- 
 4. Full name of shareholder(s)                                                       N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------- 
 5. Date of the transaction                                                      17.10.16 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------- 
 6. Date on which issuer                                                         19.10.16 
  notified: 
-----------------------------------------------------------  ---------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                   7% 
-----------------------------------------------------------  ---------------------------- 
 
 
 
 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) 
-------------      -------------    --------------  --------------  -------------  -----------  ---------  ----------- 
 KYG5462G1073   29,994,463         29,994,463        36,924,463      36,924,463     N/A          7.56%      N/A 
               -----------------  ----------------  --------------  -------------  -----------  ---------  ----------- 
 
 
 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          Exercise         Expiration        Exercise/       Number of        % of voting 
 financial         price           date (xvii)       Conversion       voting rights    rights (xix, 
 instrument                                          period           instrument       xx) 
                                                     (xviii)          refers to 
---------------  ---------------  ----------------  --------------  ---------------  --------------------------------- 
                                                                                      Nominal      Delta 
---------------  ---------------  ----------------  --------------  ---------------  -----------  -------------------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
 36,924,463                                            7.56% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------- 
 
   BCG, BAMCO and BCM are New York corporations. Ronald 
   Baron is a citizen of the United States. BAMCO and BCM 
   are subsidiaries of BCG. Ronald Baron owns a controlling 
   interest in BCG. The advisory clients of BAMCO and BCM 
   have the right to receive or the power to direct the 
   receipt of dividends from, or the proceeds from the 
   sale of, the Issuer's common stock in their accounts. 
   To the best of the Filing Persons' knowledge, no such 
   person has such interest relating to more than 7% of 
   the outstanding class of securities. 
 
 Proxy Voting: 
---------------------------------------------------------------- 
 10. Name of the proxy holder:             N/A 
----------------------------------------  ---------------------- 
 11. Number of voting rights proxy         N/A 
  holder will cease 
  to hold: 
----------------------------------------  ---------------------- 
 12. Date on which proxy holder will       N/A 
  cease to hold 
  voting rights: 
----------------------------------------  ---------------------- 
 
                                            N/A 
  13. Additional information: 
-----------------------------------------  --------------------- 
 14. Contact name:                          Patrick M. Patalino 
-----------------------------------------  --------------------- 
 15. Contact telephone number:              +001 [phone] 
-----------------------------------------  --------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLDBLBLQBFLFBX

(END) Dow Jones Newswires

October 20, 2016 03:25 ET (07:25 GMT)