Ophir Energy Plc Holding(s) in Company (7586P)

TIDMOPHR TIDMPRU

RNS Number : 7586P

Ophir Energy Plc

21 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                              Ophir Energy 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                                        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)                                      Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                              Prudential plc 
                                                                  The Prudential Assurance Company 
                                                                              Limited 
                                                                         M&G Group Limited 
                                                                     M&G Investment Management 
                                                                              Limited 
                                                                            M&G Limited 
                                                                       M&G Securities Limited 
---------------------------------------------------------  ------------------------------------------- 
 5. Date of the transaction                                              18 November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------------- 
 6. Date on which issuer                                                 21 November 2016 
  notified: 
---------------------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are                                               See item 13 
  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) 
--------------------      -------------      -------------    --------------  ---------  ------------  ----------  ----------- 
 
      ORD GBP0.0025 
      GB00B24CT194          72,086,239         72,086,239       70,540,149        0       70,540,149        0         9.99% 
----------------------  -----------------  -----------------  --------------  ---------  ------------  ----------  ----------- 
 
 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. 
------------------------  -----------------  ---------------------------------  -----------------------  --------------------- 
      ORD GBP0.0025                                                                    2,655,149                 0.37% 
       GB00B24CT194 
     (Right of Recall) 
------------------------  -----------------  ---------------------------------  -----------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial     Exercise           Expiration         Exercise/       Number of voting           % of voting 
  instrument           price              date               Conversion       rights instrument          rights (xix, 
                                          (xvii)             period           refers to                  xx) 
                                                             (xviii) 
--------------------  -----------------  -----------------  --------------  -------------------------  ----------------------- 
                                                                                                        Nominal       Delta 
--------------------  -----------------  -----------------  --------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                                     Percentage of voting rights 
--------------------------------------------------------------------------  -------------------------------------------------- 
 73,195,298                                                                  10.36% 
--------------------------------------------------------------------------  -------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------- 
 
   Prudential plc (parent Company) - 73,195,298 (10.36%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) - 29,043,653 (4.11%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 73,110,908 (10.35%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 73,110,908 (10.35%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 73,110,908 (10.35%) 
   M&G Securities Limited (wholly owned subsidiary of M&G 
   Limited) - 36,044,891 (5.10%) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                           N/A 
--------------------------------------------------------  --------------------------------- 
 11. Number of voting rights proxy                                       N/A 
  holder will cease to hold: 
--------------------------------------------------------  --------------------------------- 
 12. Date on which proxy holder will                                     N/A 
  cease to hold voting rights: 

--------------------------------------------------------  --------------------------------- 
 
 
  13. Additional information:                                Prudential plc has moved 
                                                             from a 10% to a 9% indirect 
                                                             notifiable interest, excluding 
                                                             the right of recall under 
                                                             the Qualifying Financial 
                                                             Instruments. 
--------------------------------------------------------  --------------------------------- 
 14. Contact name:                                         John Baker / Owen Smith 
                                                            M&G Investment Management 
                                                            Limited 
--------------------------------------------------------  --------------------------------- 
                                                           020 7548 2561 / 020 7004 
 15. Contact telephone number:                              4517 
--------------------------------------------------------  --------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 21, 2016 12:53 ET (17:53 GMT)