Holding(s) in Company
26 October 2010 - 8:26PM
UK Regulatory
TIDMDNX
RNS Number : 0067V
Dana Petroleum PLC
26 October 2010
+----------------+--------------------+--+----+----------------------------+--------+
| | |
+----------------------------------------+------------------------------------------+
| | |
+----------------------------------------+------------------------------------------+
| |
+-----------------------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+-----------------------------------------------------------------------------------+
| | |
+---------------------------------------------+-------------------------------------+
| 1. Identity of the issuer or the underlying | DANA PETROLEUM 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 | X |
| to qualifying financial instruments | |
+--------------------------------------------------------------------------+--------+
| An event changing the breakdown of voting rights | |
+--------------------------------------------------------------------------+--------+
| Other (please | | |
| specify): | | |
+----------------+---------------------------------------------------------+--------+
| 3. Full name of person(s) subject | KOREA NATIONAL OIL CORPORATION ("KNOC") |
| 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 | 21 OCTOBER 2010 |
| on | |
| which the threshold is crossed or | |
| reached: v | |
+-------------------------------------+---------------------------------------------+
| 6. Date on which issuer notified: | 25 OCTOBER 2010 |
+-------------------------------------+---------------------------------------------+
| 7. Threshold(s) that is/are crossed | 89%, 90% |
| or | |
| reached: vi, vii | |
+-------------------------------------+---------------------------------------------+
| | | | | | |
+----------------+--------------------+--+----+----------------------------+--------+
+--------------+-----------------+----+------+------------+----+--+----------------------+-+------+-----+----------+--------+---------------------+----+--+------------+
| 8. Notified details: |
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares viii, ix |
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| 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 | % of voting rights |
| | of | of | of shares | voting | x |
| | Shares | Voting | | rights | |
| | | Rights | | | |
+ + + +------------------------+-----------------------+---------------------------------------------------+
| | | | Direct | Direct xi | Indirect | Direct | Indirect |
| | | | | | xii | | |
+--------------+-----------------------------+--------------------+------------------------+------------+----------+-----------------------------------+---------------+
| 15p | 83,418,314 | 83,418,314 | 85,571,895 | 85,571,895 | - | 90.80% | - |
| Ordinary | | | | | | | |
+--------------+ + + + + + + +
| GB0033252056 | | | | | | | |
+--------------+-----------------------------+--------------------+------------------------+------------+----------+-----------------------------------+---------------+
| |
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| 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 xiv | rights that may | rights |
| | | | be | |
| | | | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
+-------------------------------------+-------------------+---------------------------------------+-----------------------------------------------+--------------------+
| - | - | - | - | - |
+-------------------------------------+-------------------+---------------------------------------+-----------------------------------------------+--------------------+
| |
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| 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 rights |
| instrument | price | date xvii | Conversion | rights instrument | xix, xx |
| | | | period | refers to | |
| | | | xviii | | |
+--------------------------------+-----------+-----------------+---------------------------+--------------------------------+------------------------------------------+
| 2.90 per cent. | 1272p | 17/07/2014 | ANY TIME | | Nominal | Delta |
| Guaranteed Convertible | | | FROM | 0 | | |
| Bonds due 2014 | | | 27/08/2007 | | | |
+ + + + + +-----------------------------+------------+
| | | | | | 0% | N/A |
+--------------------------------+-----------+-----------------+---------------------------+--------------------------------+-----------------------------+------------+
| |
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Total (A+B+C) |
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+----------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+
| 85,571,895 | 90.80% |
+----------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+
| | | | | | | | | | | | | | | | | |
+--------------+-----------------+----+------+------------+----+--+----------------------+-+------+-----+----------+--------+---------------------+----+--+------------+
+--------------------------------------+-----------+------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or the |
| financial instruments are effectively held, if applicable: xxi |
+---------------------------------------------------------------------------------+
| N/A |
| |
+---------------------------------------------------------------------------------+
| |
+---------------------------------------------------------------------------------+
| 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: | SARAH TURNER |
| | BANK OF AMERICA MERRILL LYNCH |
+--------------------------------------+------------------------------------------+
| 15. Contact telephone number: | +44 (0)20 7996 1000 |
+--------------------------------------+------------------------------------------+
| | | |
+--------------------------------------+-----------+------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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