Holding(s) in Company (5876U)

TIDMOHM

RNS Number : 5876U

Offshore Hydrocarbon Mapping PLC

19 October 2010

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the           Offshore Hydrocarbon Mapping Plc 
 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                       Yes 
 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 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     Sector Asset Management acting through 
  to the                               its subsidiary Sector Omega ASA in the 
  notification obligation:             capacity as discretionary investment 
                                       manager to underlying funds of Sector 
                                       Umbrella Trust; Sector Maritime 
                                       Investments, Sector Cognimetrica, Sector 
                                       Speculare II, Sector Speculare III/ 
                                       Sector Expec and Sector Speculare IV 
------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s)        PNC International Bank Limited in its 
 (if different from 3.):               capacity as Trustee of Sector Maritime 
                                       Investments, Sector Cognimetrica, Sector 
                                       Speculare II, Sector Speculare III/ 
                                       Sector Expec and Sector Speculare IV 
------------------------------------  ----------------------------------------- 
 5. Date of the transaction and date                            19 October 2010 
  on 
  which the threshold is crossed or 
  reached: 
------------------------------------  ----------------------------------------- 
 6. Date on which issuer notified:                              19 October 2010 
------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are crossed                      From above 24% to 28% 
  or 
  reached: 
------------------------------------  ----------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------- 
 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering                Resulting situation after the triggering 
 ISIN CODE       transaction                       transaction 
-------------  --------------------------------  ------------------------------------------------------------------ 
                                 Number 
                Number            of 
                 of               Voting          Number         Number of voting 
                 Shares           Rights           of shares      rights                   % of voting rights 
-------------  ---------------  ---------------  -------------  ------------------------  ------------------------- 
                                                  Direct         Direct         Indirect   Direct        Indirect 
-------------      -----------    -----------    -------------  -------------  ---------  ------------  ----------- 
 GB0034272194   27,863,348       27,863,348       27,863,348     27,863,348     -          28.00%        - 
               ---------------  ---------------  -------------  -------------  ---------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------- 
                                                                   Number of voting 
                                                                    rights that may 
                                                                    be 
 Type of                                                            acquired if the 
 financial          Expiration     Exercise/                        instrument is              % of voting 
 instrument          date           Conversion Period               exercised/ converted.       rights 
-----------------  -------------  ------------------------------  --------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------- 
 Type of                                        Exercise/        Number of voting 
 financial        Exercise       Expiration     Conversion        rights instrument 
 instrument        price         date           period            refers to                  % of voting rights 
---------------  -------------  -------------  ---------------  --------------------------  ----------------------- 
                                                                                             Nominal       Delta 
---------------  -------------  -------------  ---------------  --------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ---------------------------------------------------------------- 
 27,863,348                                         28.00% 
-------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 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:                                           N/A 
---------------------------------------------------------  ----------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold:                                                               N/A 
---------------------------------------------------------  ----------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights:                                                         N/A 
---------------------------------------------------------  ----------------- 
 
 13. Additional information: 
---------------------------------------------------------  ----------------- 
 14. Contact name:                                          Inger-Anne Vikre 
---------------------------------------------------------  ----------------- 
 15. Contact telephone number:                               [phone] 
---------------------------------------------------------  ----------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUWUNRRWARAAA