Lekoil Limited Holding(s) in Company (0490N)
20 October 2016 - 6:25PM
UK Regulatory
TIDMLEK
RNS Number : 0490N
Lekoil Limited
20 October 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
-----------------------------------------------------------------------------------------
1. Identity of the issuer or Lekoil Limited
the underlying issuer ISIN: KYG5462G1073
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) Baron Capital Group, Inc.
subject to the ("BCG")
notification obligation: BAMCO, Inc. ("BAMCO")
(iii) Baron Capital Management,
Inc. ("BCM")
Ronald Baron
----------------------------------------------------------- ----------------------------
4. Full name of shareholder(s) N/A
(if different from 3.):(iv)
----------------------------------------------------------- ----------------------------
5. Date of the transaction 17.10.16
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ----------------------------
6. Date on which issuer 19.10.16
notified:
----------------------------------------------------------- ----------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 7%
----------------------------------------------------------- ----------------------------
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 voting % of voting
of of of shares rights rights (x)
Shares Voting
Rights
------------- ----------------- ---------------- -------------- -------------------------- ----------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ------------- -------------- -------------- ------------- ----------- --------- -----------
KYG5462G1073 29,994,463 29,994,463 36,924,463 36,924,463 N/A 7.56% N/A
----------------- ---------------- -------------- ------------- ----------- --------- -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may 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 Exercise Expiration Exercise/ Number of % of voting
financial price date (xvii) Conversion voting rights rights (xix,
instrument period instrument xx)
(xviii) refers to
--------------- --------------- ---------------- -------------- --------------- ---------------------------------
Nominal Delta
--------------- --------------- ---------------- -------------- --------------- ----------- --------------------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------- ----------------------------------------------------------------
36,924,463 7.56%
---------------------------------------------------- ----------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
----------------------------------------------------------------
BCG, BAMCO and BCM are New York corporations. Ronald
Baron is a citizen of the United States. BAMCO and BCM
are subsidiaries of BCG. Ronald Baron owns a controlling
interest in BCG. The advisory clients of BAMCO and BCM
have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the
sale of, the Issuer's common stock in their accounts.
To the best of the Filing Persons' knowledge, no such
person has such interest relating to more than 7% of
the outstanding class of securities.
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:
---------------------------------------- ----------------------
N/A
13. Additional information:
----------------------------------------- ---------------------
14. Contact name: Patrick M. Patalino
----------------------------------------- ---------------------
15. Contact telephone number: +001 (212) 583-2119
----------------------------------------- ---------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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