Holding(s) in Company

 

TIDMVPC 
 
RNS Number : 8613Z 
Venture Production plc 
29 September 2009 
 

 
 
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                      | 
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| 1. Identity of the issuer or the underlying issuer           |    VENTURE PRODUCTION | 
| of existing shares to which voting rights are                |                   PLC | 
| 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 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)        |                                      CENTRICA PLC | 
| subject to the                   |                         CENTRICA HOLDINGS LIMITED | 
| notification obligation: iii     |                           GB GAS HOLDINGS LIMITED | 
|                                  |                   CENTRICA RESOURCES (UK) LIMITED | 
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| 4. Full name of shareholder(s)   |                   CENTRICA RESOURCES (UK) LIMITED | 
|  (if different from 3.):iv       |                                                   | 
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| 5. Date of the transaction and   |                                 28 SEPTEMBER 2009 | 
| date on                          |                                                   | 
| which the threshold is crossed   |                                                   | 
| or                               |                                                   | 
| reached: v                       |                                                   | 
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| 6. Date on which issuer          |                                 29 SEPTEMBER 2009 | 
| notified:                        |                                                   | 
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| 7. Threshold(s) that is/are      |                                         96% - 98% | 
| crossed 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                                                | 
| of         | to the triggering                   | transaction                                                                             | 
| shares     | transaction                         |                                                                                         | 
| if         |                                     |                                                                                         | 
| possible   |                                     |                                                                                         | 
| using      |                                     |                                                                                         | 
| the ISIN   |                                     |                                                                                         | 
| CODE       |                                     |                                                                                         | 
+            +-------------------------------------+-----------------------------------------------------------------------------------------+ 
|            | Number             | Number         | Number                    | Number of voting                      | % of voting         | 
|            | of                 | of             | of shares                 | rights                                | rights x            | 
|            | Shares             | Voting         |                           |                                       |                     | 
|            |                    | Rights         |                           |                                       |                     | 
+            +                    +                +---------------------------+---------------------------------------+---------------------+ 
|            |                    |                | Direct                    | Direct xi      | Indirect xii         | Direct | Indirect   | 
+------------+--------------------+----------------+---------------------------+----------------+----------------------+--------+------------+ 
| 0.4p       | 143,204,628        | 143,204,628    | 147,659,363               | 147,659,363    | SEE                  | 98.59% | SEE        | 
| ORDINARY   |                    |                |                           |                | SECTION              |        | SECTION 9  | 
|            |                    |                |                           |                | 9 BELOW              |        | BELOW      | 
+------------+                    +                +                           +                +                      +        +            + 
|            |                    |                |                           |                |                      |        |            | 
+------------+--------------------+----------------+---------------------------+----------------+----------------------+--------+------------+ 
|                                                                                                                                            | 
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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                             | rights that may                   | rights         | 
|                             |                | Period xiv                             | be                                |                | 
|                             |                |                                        | acquired if the                   |                | 
|                             |                |                                        | instrument is                     |                | 
|                             |                |                                        | exercised/                        |                | 
|                             |                |                                        | converted.                        |                | 
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| N/A                         |                |                                        |                                   |                | 
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|                                                                                                                                            | 
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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                 | Exercise price | Expiration         | Exercise/    | Number of                 | % of voting                     | 
| financial               |                | date xvii          | Conversion   | voting rights             | rights xix, xx                  | 
| instrument              |                |                    | period xviii | instrument                |                                 | 
|                         |                |                    |              | refers to                 |                                 | 
|                         |                |                    |              |                           |                                 | 
+-------------------------+----------------+--------------------+--------------+---------------------------+---------------------------------+ 
| N/A                     |                |                    |              |                           | Nominal                | Delta  | 
+                         +                +                    +              +                           +------------------------+--------+ 
|                         |                |                    |              |                           |                        |        | 
+-------------------------+----------------+--------------------+--------------+---------------------------+------------------------+--------+ 
|                                                                                                                                            | 
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| Total (A+B+C)                                                                                                                              | 
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| Number of voting rights                                                  | Percentage of voting rights                                     | 
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| 147,659,363                                                              | 98.59%                                                          | 
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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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| CENTRICA RESOURCES (UK) LIMITED DIRECTLY HOLDS THE VOTING RIGHTS WHICH ARE THE SUBJECT OF                                                  | 
| THIS NOTIFICATION AND IT IS A WHOLLY-OWNED SUBSIDIARY OF GB GAS HOLDINGS LIMITED. GB GAS                                                   | 
| HOLDINGS LIMITED IS A WHOLLY-OWNED SUBSIDIARY OF CENTRICA HOLDINGS LIMITED WHICH, IN TURN,                                                 | 
| IS A WHOLLY-OWNED SUBSIDIARY OF CENTRICA PLC.                                                                                              | 
|                                                                                                                                            | 
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| Proxy Voting:                                                                                                                              | 
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| 10. Name of the proxy holder:                                                             |                                            N/A | 
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| 11. Number of voting rights proxy holder will cease                                       |                                            N/A | 
| to hold:                                                                                  |                                                | 
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| 12. Date on which proxy holder will cease to hold                                         |                                            N/A | 
| voting rights:                                                                            |                                                | 
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|                                                                                                                                            | 
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| 13. Additional information:                                              | The total number of voting rights in the                        | 
|                                                                          | issuer used to calculate the percentages                        | 
|                                                                          | in this notification is 149,769,828, being                      | 
|                                                                          | the number disclosed by the issuer to the                       | 
|                                                                          | market on 18 March 2009 pursuant to Rule                        | 
|                                                                          | 2.10 of the City Code on Takeovers and                          | 
|                                                                          | Mergers.                                                        | 
|                                                                          |                                                                 | 
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| 14. Contact name:                                                        |                                                     PHIL RAPER  | 
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| 15. Contact telephone number:                                            |                                                   020 7774 1000 | 
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Name and signature of duly authorised officer of the listed company responsible 
for making this notification 
 
 
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| SIMON WAITE                                                           | 
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Date of notification 
 
 
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| 29 september 2009                                                     | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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