Premier Oil PLC Holding(s) in Company (6489E)

TIDMPMO TIDM0H7D

RNS Number : 6489E

Premier Oil PLC

09 May 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                         PREMIER OIL 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 
-------------------------------------------------------------------------------------------------------------  --------- 
 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                                                                    x 
  similar economic effect to qualifying financial 
  instruments 
-------------------------------------------------------------------------------------------------------------  --------- 
 An event changing the breakdown of voting rights 
-------------------------------------------------------------------------------------------------------------  --------- 
 Other (please 
  specify): 
------------------  -----------------------------------------------------------------------------------------  --------- 
 3. Full name of person(s)                             Deutsche Bank AG 
  subject to the 
  notification obligation: 
  (iii) 
----------------------------------------------------  ------------------------------------------------------------------ 
 4. Full name of shareholder(s)                        Deutsche Bank AG, London Branch 
  (if different from 3.):(iv)                           Deutsche Bank Securities Inc. 
----------------------------------------------------  ------------------------------------------------------------------ 
 5. Date of the transaction                            05/05/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
----------------------------------------------------  ------------------------------------------------------------------ 
 6. Date on which issuer                               09/05/2017 
  notified: 
----------------------------------------------------  ------------------------------------------------------------------ 
 7. Threshold(s) that is/are                           Above 7% 
  crossed or 
  reached: (vi, vii) 
----------------------------------------------------  ------------------------------------------------------------------ 
 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) 
--------------        -----------    -----------    ---------------  -------------  -----------  ----------  ----------- 
 
  GB00B43G0577      24,473,596        24,473,596       23,535,681      23,535,681    2            4.61%       0.00% 
                -----------------  ---------------  ---------------  -------------  -----------  ----------  ----------- 
 
 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. 
--------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 Right To Recall                                                      1,130,000                     0.22% 
--------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 
 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) 
----------------  ---------------  -------------  -----------------  ----------------------------  --------------------- 
 Swaps                              24-Jan-22                         11,365,601                    Nominal     Delta 
----------------  ---------------  -------------  -----------------  ----------------------------  ----------  --------- 
                                                                                                    2.22%       2.22% 
--------------        -----------    -----------        -----------    -----------  -----------    ----------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                 Percentage of voting rights 
------------------------------------------------------  ---------------------------------------------------------------- 
 36,031,284                                               7.05% 
------------------------------------------------------  ---------------------------------------------------------------- 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------------------------------ 
 
   Deutsche Bank AG, London Branch - 7.05% 
 
 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: 
------------------------------------------------------  ---------------------------------------------------------------- 
 14. Contact name:                                       Julie Vickers 
------------------------------------------------------  ---------------------------------------------------------------- 
 15. Contact telephone number:                           020 7730 1111 
------------------------------------------------------  ---------------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 09, 2017 12:30 ET (16:30 GMT)