4 Nov 2011 07:00
Embargoed for release: 0700 on 4 November 2011
Northern Petroleum Plc ("Northern" or "the Company")
Notification of Shareholding
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Northern Petroleum Plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of 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 to the notification obligation: The Royal Bank of Scotland Group plc
4. Full name of shareholder(s) (if different from 3.): The Royal Bank of Scotland N.V.
5. Date of the transaction (and date on which the threshold is crossed or reached if different): 02/11/2011
6. Date on which issuer notified:03/11/20117. Threshold(s) that is/are crossed or reached:5%8. Notified details:......
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE Situation previous to the Triggering transaction
GB00B0D47T64Number of shares4,688,937Number of voting Rights 4,688,937
Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODENumber of shares Number of voting rights% of voting rightsGB00B0D47T64 Direct4,582,937Direct 4,582,937IndirectDirect 4.90%Indirect
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument
Expiration Date
Exercise/Conversion Period/ Date
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
Resulting situation after the triggering transaction
Type of financialinstrumentExercise priceExpiration date Exercise/Conversion period Number of voting rights instrument refers to% of voting rights NominalDeltaTotal (A+B+C)Number of voting rights4,582,937% of voting rights4.90%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:The Royal Bank of Scotland Group plc (4.90%)RFS Holdings B.V. (4.90%)RBS Holdings N.V. (4.90%)The Royal Bank of Scotland N.V. (4.90%)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: This Notification is based upon the Voting Rights figure of 93,518,160 obtained from your regulatory announcement dated 18th October 2011.
14. Contact name:Chris Foss, Director of Finance, Legal & Corporate Affairs15. Contact telephone number:020 7469 2900---ENDS---Notes to Editors:
Comprehensive information on Northern and its oil and gas operations, including all press releases, annual reports and interim reports are available from Northern�s website at www.northpet.com.
XLON