Holding(s) in Company

 

TIDMDNX 
 
RNS Number : 0067V 
Dana Petroleum PLC 
26 October 2010 
 

 
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                   | 
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| 1. Identity of the issuer or the underlying |                  DANA PETROLEUM PLC | 
| issuer                                      |                                     | 
| of existing shares to which voting rights   |                                     | 
| are                                         |                                     | 
| attached: ii                                |                                     | 
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| 2 Reason for the notification (please tick the appropriate box or boxes):         | 
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| An acquisition or disposal of voting rights                              |   X    | 
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| An acquisition or disposal of qualifying financial instruments which may |        | 
| result in the acquisition of shares already issued to which voting       |        | 
| rights are attached                                                      |        | 
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| An acquisition or disposal of instruments with similar economic effect   |   X    | 
| to qualifying financial instruments                                      |        | 
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| An event changing the breakdown of voting rights                         |        | 
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| Other (please  |                                                         |        | 
| specify):      |                                                         |        | 
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| 3. Full name of person(s) subject   |     KOREA NATIONAL OIL CORPORATION ("KNOC") | 
| to the                              |                                             | 
| notification obligation: iii        |                                             | 
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| 4. Full name of shareholder(s)      |                                         N/A | 
|  (if different from 3.):iv          |                                             | 
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| 5. Date of the transaction and date |                             21 OCTOBER 2010 | 
| on                                  |                                             | 
| which the threshold is crossed or   |                                             | 
| reached: v                          |                                             | 
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| 6. Date on which issuer notified:   |                             25 OCTOBER 2010 | 
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| 7. Threshold(s) that is/are crossed | 89%, 90%                                    | 
| or                                  |                                             | 
| reached: vi, vii                    |                                             | 
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|                |                    |  |    |                            |        | 
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+--------------+-----------------+----+------+------------+----+--+----------------------+-+------+-----+----------+--------+---------------------+----+--+------------+ 
| 8. Notified details:                                                                                                                                                 | 
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| A: Voting rights attached to shares viii, ix                                                                                                                         | 
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| Class/type   | Situation previous                               | Resulting situation after the triggering transaction                                               | 
| of           | to the triggering                                |                                                                                                    | 
| shares       | transaction                                      |                                                                                                    | 
| if possible  |                                                  |                                                                                                    | 
| using        |                                                  |                                                                                                    | 
| the ISIN     |                                                  |                                                                                                    | 
| CODE         |                                                  |                                                                                                    | 
+              +--------------------------------------------------+----------------------------------------------------------------------------------------------------+ 
|              | Number                      | Number             | Number                 | Number of             | % of  voting rights                               | 
|              | of                          | of                 | of shares              | voting                | x                                                 | 
|              | Shares                      | Voting             |                        | rights                |                                                   | 
|              |                             | Rights             |                        |                       |                                                   | 
+              +                             +                    +------------------------+-----------------------+---------------------------------------------------+ 
|              |                             |                    | Direct                 | Direct xi  | Indirect | Direct                            | Indirect      | 
|              |                             |                    |                        |            | xii      |                                   |               | 
+--------------+-----------------------------+--------------------+------------------------+------------+----------+-----------------------------------+---------------+ 
| 15p          | 83,418,314                  | 83,418,314         | 85,571,895             | 85,571,895 | -        | 90.80%                            | -             | 
| Ordinary     |                             |                    |                        |            |          |                                   |               | 
+--------------+                             +                    +                        +            +          +                                   +               + 
| GB0033252056 |                             |                    |                        |            |          |                                   |               | 
+--------------+-----------------------------+--------------------+------------------------+------------+----------+-----------------------------------+---------------+ 
|                                                                                                                                                                      | 
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| B: Qualifying Financial Instruments                                                                                                                                  | 
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| Resulting situation after the triggering transaction                                                                                                                 | 
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| Type of financial                   | Expiration        | Exercise/                             | Number of voting                              | % of voting        | 
| instrument                          | date xiii         | Conversion Period xiv                 | rights that may                               | rights             | 
|                                     |                   |                                       | be                                            |                    | 
|                                     |                   |                                       | acquired if the                               |                    | 
|                                     |                   |                                       | instrument is                                 |                    | 
|                                     |                   |                                       | exercised/                                    |                    | 
|                                     |                   |                                       | converted.                                    |                    | 
+-------------------------------------+-------------------+---------------------------------------+-----------------------------------------------+--------------------+ 
| -                                   | -                 | -                                     | -                                             | -                  | 
+-------------------------------------+-------------------+---------------------------------------+-----------------------------------------------+--------------------+ 
|                                                                                                                                                                      | 
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi                                                                    | 
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| Resulting situation after the triggering transaction                                                                                                                 | 
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| Type of financial              | Exercise  | Expiration      | Exercise/                 | Number of voting               | % of voting rights                       | 
| instrument                     | price     | date xvii       | Conversion                | rights instrument              | xix, xx                                  | 
|                                |           |                 | period                    | refers to                      |                                          | 
|                                |           |                 | xviii                     |                                |                                          | 
+--------------------------------+-----------+-----------------+---------------------------+--------------------------------+------------------------------------------+ 
| 2.90 per cent.                 | 1272p     | 17/07/2014      | ANY TIME                  |                                | Nominal                     | Delta      | 
| Guaranteed Convertible         |           |                 | FROM                      | 0                              |                             |            | 
| Bonds due 2014                 |           |                 | 27/08/2007                |                                |                             |            | 
+                                +           +                 +                           +                                +-----------------------------+------------+ 
|                                |           |                 |                           |                                | 0%                          | N/A        | 
+--------------------------------+-----------+-----------------+---------------------------+--------------------------------+-----------------------------+------------+ 
|                                                                                                                                                                      | 
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| Total (A+B+C)                                                                                                                                                        | 
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| Number of voting rights                                                                | Percentage of voting rights                                                 | 
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| 85,571,895                                                                             | 90.80%                                                                      | 
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|              |                 |    |      |            |    |  |                      | |      |     |          |        |                     |    |  |            | 
+--------------+-----------------+----+------+------------+----+--+----------------------+-+------+-----+----------+--------+---------------------+----+--+------------+ 
 
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| 9. Chain of controlled undertakings through which the voting rights and/or the  | 
| financial instruments are effectively held, if applicable: xxi                  | 
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|                                                                             N/A | 
|                                                                                 | 
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|                                                                                 | 
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| Proxy Voting:                                                                   | 
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| 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:          |                                      N/A | 
|                                      |                                          | 
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| 14. Contact name:                    |                             SARAH TURNER | 
|                                      |            BANK OF AMERICA MERRILL LYNCH | 
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| 15. Contact telephone number:        |                      [phone] | 
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|                                      |           |                              | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
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