COP Circle Oil

TIDMCOP

RNS Number : 1386A

Circle Oil PLC

27 March 2012

 
 
 
 
-----------------------  ------------------  -----------  -----------  -------------------------  ----------- 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                            Circle Oil Plc. 
  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) subject                           Newton Investment Management Ltd. 
  to the 
  notification obligation: (iii) 
-------------------------------------------  ---------------------------------------------------------------- 
 4. Full name of shareholder(s)                                             N/A 
  (if different from 3.):(iv) 
-------------------------------------------  ---------------------------------------------------------------- 
 5. Date of the transaction and date                                   23 March 2012 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
-------------------------------------------  ---------------------------------------------------------------- 
 6. Date on which issuer notified:                                     26 March 2012 
-------------------------------------------  ---------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed                                 Falling below 5% 
  or 
  reached: (vi, vii) 
-------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 8. Notified details: ISIN IE00B034YN94 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 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 rights 
                 of                of               of shares      rights                     (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ---------------  -------------  -------------------------  ------------------------------ 
                                                   Direct         Direct          Indirect   Direct           Indirect 
                                                                   (xi)            (xii) 
-------------    -----  -------  -----  --------  -------------  --------------  ---------  ---------------  ------------- 
 Common Stock 
 IE00B034YN94   28,295,574        28,295,574       24,613,493     24,613,493      N/A        4.37%            N/A 
               ----------------  ---------------  -------------  --------------  ---------  ---------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration      Exercise/                       Number of voting                % of voting 
  instrument              date (xiii)     Conversion Period               rights that may                 rights 
                                          (xiv)                           be 
                                                                          acquired if the 
                                                                          instrument is 
                                                                          exercised/ converted. 
----------------------  --------------  ------------------------------  ------------------------------  ------------------ 
 N/A 
----------------------  --------------  ------------------------------  ------------------------------  ------------------ 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration       Exercise/      Number of voting                % of voting rights 
 financial         price           date (xvii)      Conversion     rights instrument               (xix, xx) 
 instrument                                         period         refers to 
                                                    (xviii) 
---------------  --------------  ---------------  -------------  ------------------------------  ------------------------- 
 N/A                                                                                              Nominal        Delta 
---------------  --------------  ---------------  -------------  ------------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ----------------------------------------------------------- 
 
 24,613,493                                                      4.37% 
-------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
  Newton Investment Management Ltd holds these shares as a discretionary 
  fund manager. 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 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:                               N/A 
----------------------------------------  -------------------------------------- 
 14. Contact name:                                  Nicholas R. Darrow 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                        +1 412-236-7733 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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