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AXC Addax Petroleum

3,005.00
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Addax Petroleum LSE:AXC London Ordinary Share CA00652V1022 COM SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3,005.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Holding(s) in Company

02/09/2009 9:25am

UK Regulatory



 

TIDMAXC 
 
RNS Number : 3850Y 
Addax Petroleum Corporation 
02 September 2009 
 

 
 
+----------------------------------------------------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                         | 
+----------------------------------------------------------------------------------------+ 
 
 
+-------------------------------------------+-----------------------------------+ 
| 1. Identity of the issuer or the          | Addax Petroleum Corporation       | 
| underlying issuer 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) subject to      | Mirror Lake Oil and Gas Company   | 
| the notification obligation:              | Limited                           | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 4. Full name of shareholder(s) (if        |                                   | 
| different from 3.):                       |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 5. Date of the transaction and date       | 1 September 2009                  | 
| on which the threshold is crossed         |                                   | 
| or reached:                               |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 6. Date on which issuer notified:         | 1 September 2009                  | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 7. Threshold(s) that is/are crossed       | 99%                               | 
| or reached:                               |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
+--------------+--------------+----------+--------------+-------------+----------+----------+----------+ 
| 8. Notified details:                                                                                 | 
+------------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                                  | 
|                                                                                                      | 
+------------------------------------------------------------------------------------------------------+ 
| 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           | rights                 | rights              | 
|              | Shares       | Voting   | shares       |                        |                     | 
|              |              | Rights   |              |                        |                     | 
+              +              +          +--------------+------------------------+---------------------+ 
|              |              |          | Direct       | Direct      | Indirect | Direct   | Indirect | 
+--------------+--------------+----------+--------------+-------------+----------+----------+----------+ 
| Common       | nil          | nil      | 162,947,508  | 162,947,508 |          | 99.06%   |          | 
| Shares       |              |          |              |             |          |          |          | 
+--------------+              +          +              +             +          +          +          + 
| CA00652V1022 |              |          |              |             |          |          |          | 
+--------------+--------------+----------+--------------+-------------+----------+----------+----------+ 
 
 
+---------------------+------------+--------------------+---------------------+----------------+ 
| 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 may be  | rights         | 
|                     |            | Period             | acquired if the     |                | 
|                     |            |                    | instrument is       |                | 
|                     |            |                    | exercised/          |                | 
|                     |            |                    | converted.          |                | 
|                     |            |                    |                     |                | 
+---------------------+------------+--------------------+---------------------+----------------+ 
|                     |            |                    |                     |                | 
+---------------------+------------+--------------------+---------------------+----------------+ 
 
 
+---------------+----------+------------+------------+----------------+---------------+---------+ 
| C: Financial Instruments with similar economic effect to Qualifying Financial                 | 
| Instruments                                                                                   | 
+-----------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                          | 
|                                                                                               | 
+-----------------------------------------------------------------------------------------------+ 
| Type of       | Exercise | Expiration | Exercise/  | Number of      | % of voting             | 
| financial     |          |            | Conversion | voting         | rights                  | 
| instrument    | price    | date       |            | rights         |                         | 
|               |          |            | period     | instrument     |                         | 
|               |          |            |            | refers to      |                         | 
+---------------+----------+------------+------------+----------------+-------------------------+ 
|               |          |            |            |                |    Nominal    |  Delta  | 
|               |          |            |            |                |               |         | 
+               +          +            +            +                +---------------+---------+ 
|               |          |            |            |                |               |         | 
+---------------+----------+------------+------------+----------------+---------------+---------+ 
 
 
+-------------------------------------------+-----------------------------------+ 
| Total (A+B+C)                                                                 | 
|                                                                               | 
+-------------------------------------------------------------------------------+ 
| Number of voting rights                   | Percentage of voting rights       | 
+-------------------------------------------+-----------------------------------+ 
| 162,947,508                               | 99.06%                            | 
+-------------------------------------------+-----------------------------------+ 
 
 
+----------------------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the         | 
| financial instruments are effectively held, if applicable:                             | 
+----------------------------------------------------------------------------------------+ 
|                                                                                        | 
+----------------------------------------------------------------------------------------+ 
 
 
+-------------------------------------------+-----------------------------------+ 
| 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:               | The shares were acquired pursuant | 
|                                           | to an Offer to Purchase for cash  | 
|                                           | all of the issued and outstanding | 
|                                           | common shares of Addax Petroleum  | 
|                                           | Corporation for CAD 52.80 for     | 
|                                           | each share.  The shares were      | 
|                                           | taken up on 27 August 2009 and    | 
|                                           | payment was effected on 1         | 
|                                           | September 2009.                   | 
+-------------------------------------------+-----------------------------------+ 
| 14. Contact name:                         | Allison Neapole                   | 
|                                           | Senior Legal Advisor              | 
|                                           | Addax Petroleum Corporation       | 
+-------------------------------------------+-----------------------------------+ 
| 15. Contact telephone number:             | +41 22 702 9400                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLUUUWRKORKRRR 
 

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