Ophir Energy Plc Holding(s) in Company (4871J)

TIDMOPHR

RNS Number : 4871J

Ophir Energy Plc

09 September 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                OPHIR ENERGY 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)                                     Sailing Stone Capital Partners 
  subject to the                                                                          LLC 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                                 Registered custodian holders: 
  (if different from 3.):(iv)                                                 BMO Harris Bank 
                                                                                   BNY Mellon 
                                                                                Credit Suisse 
                                                                                    JP Morgan 
                                                                               Northern Trust 
                                                                                          RBC 
                                                                                 State Street 
                                                                                          UBS 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                                  8 September 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                                     9 September 2016 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                   10.95% 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 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) 
--------------      -----------    -----------    -------------  -------------  -----------  ------------  ----------- 
 
  GB00B24CT194 
 
  Ordinary 
  0.25 pence                                       77,342,508     77,342,508                  10.95% 
                                                  -------------  -------------  -----------  ------------  ----------- 
                 84,636,467       84,636,467 
--------------  ---------------  ---------------    -----------    -----------  -----------      --------    --------- 
 
 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 
--------------------------------------------------  ------------------------------------------------------------------ 
 77,342,508                                          10.95% 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------------------------------------------------- 
 10. Name of the proxy holder:            SailingStone Capital 
                                           Partners LLC 
---------------------------------------  --------------------------------- 
 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: 
---------------------------------------  --------------------------------- 
 14. Contact name:                        Kathlyne Kiaie, Chief Compliance 
                                           Officer 
---------------------------------------  --------------------------------- 
 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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September 09, 2016 13:04 ET (17:04 GMT)