TR-1 Notification of Major Interest in Shares
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For filings with the FSA include the annex |
For filings with issuer exclude the annex |
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii |
Gulfsands Petroleum Plc |
2. Reason for the notification (please tick the appropriate box or boxes): | |
An acquisition or disposal of voting 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): Change of share capital and voting rights after buyback program | |
3. Full name of person(s) subject to the notification obligation: iii |
Schroders plc |
4. Full name of shareholder(s) (if different from 3.):iv |
N/A |
5. Date of the transaction and date on which the threshold is crossed or reached: v |
28 November 2011 |
6. Date on which issuer notified: | 29 November 2011 |
7. Threshold(s) that is/are crossed or reached: vi, vii |
18% – 17% |
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction | ||||||||||||||
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
Ordinary GB00B06VGC01 |
29,696,867 | 21,243,115 | 29,586,675 | N/A | 21,069,642 | N/A | 17.864% |
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financial instrument |
Expiration date xiii |
Exercise/ Conversion Period xiv |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financial instrument |
Exercise price | Expiration date xvii | Exercise/ Conversion period xviii |
Number of voting rights instrument refers to | % of voting rights xix, xx | |||||||||||
CFD | N/A | N/A | N/A | 73,473 | Nominal | Delta | ||||||||||
0.062% | 1 |
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
21,143,115 | 17.927% |
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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Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will cease to hold: |
||
12. Date on which proxy holder will cease to hold voting rights: |
13. Additional information: | The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. |
14. Contact name: | Taryn O’Donoghue |
15. Contact telephone number: | 020 7658 6000 |
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