Holding(s) in Company

 

TIDMOHM 
 
RNS Number : 5278V 
Offshore Hydrocarbon Mapping PLC 
03 November 2010 
 

 
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                  | 
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|                                                                                  | 
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|                                            |                                     | 
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| 1. Identity of the issuer or the           |  Offshore Hydrocarbon Mapping Plc   | 
| underlying 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                             |  Yes   | 
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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  |        | 
| 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   | Sector Asset Management acting through its | 
| to the                              | subsidiary Sector Omega ASA in the         | 
| notification obligation: iii        | 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.):iv          | 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 |                           02 November 2010 | 
| on                                  |                                            | 
| which the threshold is crossed or   |                                            | 
| reached: v                          |                                            | 
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| 6. Date on which issuer notified:   |                           02 November 2010 | 
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| 7. Threshold(s) that is/are crossed |                    From 28% to  above 31%  | 
| or                                  |                                            | 
| reached: vi, vii                    |                                            | 
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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 voting      | % of  voting rights                              | 
|              | of                          | of                 | of shares              | rights                | x                                                | 
|              | Shares                      | Voting             |                        |                       |                                                  | 
|              |                             | Rights             |                        |                       |                                                  | 
+              +                             +                    +------------------------+-----------------------+--------------------------------------------------+ 
|              |                             |                    | Direct                 | Direct xi  | Indirect | Direct                           | Indirect      | 
|              |                             |                    |                        |            | xii      |                                  |               | 
+--------------+-----------------------------+--------------------+------------------------+------------+----------+----------------------------------+---------------+ 
| GB0034272194 | 35,196,681                  | 35,196,681         | 35,196,681             | 35,196,681 | -        | 31.85%                           | -             | 
|              |                             |                    |                        |            |          |                                  |               | 
+--------------+                             +                    +                        +            +          +                                  +               + 
|              |                             |                    |                        |            |          |                                  |               | 
+--------------+-----------------------------+--------------------+------------------------+------------+----------+----------------------------------+---------------+ 
|                                                                                                                                                                     | 
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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 be                          | rights             | 
|                                     |                   |                                        | 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 period         | rights instrument             | xix, xx                                  | 
|                                |           |                 | xviii                     | refers to                     |                                          | 
|                                |           |                 |                           |                               |                                          | 
+--------------------------------+-----------+-----------------+---------------------------+-------------------------------+------------------------------------------+ 
|                                |           |                 |                           |                               | Nominal                     | Delta      | 
|                                |           |                 |                           |                               |                             |            | 
+                                +           +                 +                           +                               +-----------------------------+------------+ 
|                                |           |                 |                           |                               |                             |            | 
+--------------------------------+-----------+-----------------+---------------------------+-------------------------------+-----------------------------+------------+ 
|                                                                                                                                                                     | 
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| Total (A+B+C)                                                                                                                                                       | 
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| Number of voting rights                                                       | Percentage of voting rights                                                         | 
+-------------------------------------------------------------------------------+-------------------------------------------------------------------------------------+ 
| 35,196,681                                                                    | 31.85%                                                                              | 
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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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|                                                                                 | 
|                                                                                 | 
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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:          |                                          | 
+--------------------------------------+------------------------------------------+ 
| 14. Contact name:                    |                         Inger-Anne Vikre | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        |                          [phone] | 
+--------------------------------------+------------------------------------------+ 
|                                      |           |                              | 
+--------------------------------------+-----------+------------------------------+ 
 
 
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| Offshore Hydrocarbon Mapping plc      | www.ohmrsi.com      | 
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| Bob Auckland- Finance Director        | 0870 429 6581       | 
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            The company news service from the London Stock Exchange 
   END 
 
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