Northern Petroleum PLC Holding(s) in Company (0789U)

TIDMNOP

RNS Number : 0789U

Northern Petroleum PLC

13 January 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                              Northern Petroleum PLC 
  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                                                   New share issue                             X 
  specify): 
--------------------------------------------------------------  -----------------------------------------  ----- 
 3. Full name of person(s) subject                                    City Financial Investment Company Limited, 
  to the                                                             acting as Investment Manager and Authorised 
  notification obligation: (iii)                                        Corporate Director of the City Financial 
                                                                                            Absolute Equity Fund 
---------------------------------------------------------------  ----------------------------------------------- 
 4. Full name of shareholder(s)                                               BNY Mellon Trust and Depositary as 
  (if different from 3.):(iv)                                             Trustee to the City Financial Absolute 
                                                                                                     Equity Fund 
---------------------------------------------------------------  ----------------------------------------------- 
 5. Date of the transaction and date                                                         10(th) January 2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
---------------------------------------------------------------  ----------------------------------------------- 
 6. Date on which issuer notified:                                                           12(th) January 2017 
---------------------------------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                                         12% 
---------------------------------------------------------------  ----------------------------------------------- 
 
 
 
 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            Direct       Indirect       Direct     Indirect 
                                                                    (xi)         (xii) 
-------------      -----------    -----------    ----------------  -----------  -------------  ---------  ------------ 
 
 GB00B0D47T64   37,747,700       37,747,700       37,747,700        37,747,700   -              12%        - 
               ---------------  ---------------  ----------------  -----------  -------------  ---------  ------------ 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                      Number of voting   % of voting 
 financial           date (xiii)    Conversion Period             rights that may     rights 
 instrument                         (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          Exercise       Expiration     Exercise/       Number of voting   % of voting rights 
 financial         price         date (xvii)    Conversion      rights              (xix, xx) 
 instrument                                     period          instrument 
                                                (xviii)         refers to 
---------------  -------------  -------------  --------------  -----------------  ------------------------------------ 
                                                                                   Nominal        Delta 
---------------  -------------  -------------  --------------  -----------------  -------------  --------------------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ------------------------------------------------------- 
 37,747,700                                                     12% 
-------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------- 
                                                                                         N/A 
 
 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:                                                             Chris Sturdee 
----------------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                           [phone] 
----------------------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 13, 2017 02:00 ET (07:00 GMT)