Premier Oil PLC Holding(s) in Company (1873N)

TIDMPMO

RNS Number : 1873N

Premier Oil PLC

21 October 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                   Premier Oil plc 
  the underlying issuer                                          GB00B43G0577 
  of existing shares to which 
  voting rights are 
  attached: 
-------------------------------------------------------------  ------------------------------ 
 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)                                    Norges Bank 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                               N/A 
  (if different from 3.): 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                   20 October 2016 
  and date on 
  which the threshold is crossed 
  or 
  reached: 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer notified:                            21 October 2016 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are                                  Below 3% based on voting 
  crossed or                                                   rights attached to shares 
  reached: 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------------ 
 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 
                 Shares             Voting                              rights 
                                    Rights 
-------------  -----------------  -----------------  ---------------  -----------------------------  ------------------------- 
                                                      Direct           Direct           Indirect      Direct        Indirect 
-------------      -------------    -------------    ---------------  ---------------  ------------  ------------  ----------- 
 
 
 GB00B43G0577      17,031,278          17,031,278        11,531,233      11,531,233                    2.26% 
-------------  -----------------  -----------------  ---------------  ---------------  ------------  ------------  ----------- 
 
 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                           Period                              may be 
                                                                          acquired if 
                                                                          the 
                                                                          instrument 
                                                                          is 
                                                                          exercised/converted. 
-----------------  ---------------  ----------------------------------  -------------------------------  --------------------- 
 Shares out 
  on loan (right 
  to recall)        N/A              At any time                         5,720,101                        1.12% 
-----------------  ---------------  ----------------------------------  -------------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of          Exercise         Expiration       Exercise/          Number of voting                 % of voting 
 financial         price           date             Conversion          rights instrument                rights 
 instrument                                         period              refers to 
---------------  ---------------  ---------------  -----------------  -------------------------------  ----------------------- 
 N/A              N/A              N/A              N/A                N/A                              Nominal       Delta 
---------------  ---------------  ---------------  -----------------  -------------------------------  ------------  --------- 
                                                                                                        N/A           N/A 
-------------      -------------    -------------      -------------    -------------  ------------    ------------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                Percentage of voting rights 
-----------------------------------------------------  ----------------------------------------------------------------------- 
 17,251,334                                             3.38% 
-----------------------------------------------------  ----------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------ 
 
   N/A 
 
 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:                                    None 
-------------------------------------------------------------  --------------------- 
 14. Contact name:                                              Daniel Rose 
-------------------------------------------------------------  --------------------- 
 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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October 21, 2016 09:00 ET (13:00 GMT)