Last checked at 16 Jul 2008 13:16
Cadogan Petroleum plc
16 July 2008
NOTIFICATIONS OF MAJOR INTERESTS IN SHARES
The Company has received the following notification of holdings:
This release amends and replaces the TR-1 released on 15th July 2008, reporting that beneficial ownership for QVT Financial LP had fallen below the 6% threshold. This was reported in error and beneficial ownership for QVT Financial LP has remained the same since the IPO.'
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Cadogan Petroleum plc |
| 2. Reason for notification (yes/no) | |
| An acquisition or disposal of voting rights | |
| An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |
| An event changing the breakdown of voting rights | |
| Other (please specify): Amendment and replacement of TR-1 from 14 July 2008 | Yes |
| 3. Full name of person(s) subject to notification obligation: | QVT Financial LP |
| 4. Full name of shareholder(s) (if different from 3): | QVT Fund LP Quintessence Fund LP Deutsche Bank AG |
| 5. Date of transaction (and date on which the threshold is crossed or reached if different): | 14 July 2008 |
| 6. Date on which issuer notified: | 15 July 2008 |
| 7. Threshold(s) that is/are crossed or reached: | 6% |
| 8: Notified Details | |||||||
| A: Voting rights attached to shares | |||||||
| Class/type of shares If possible use ISIN code | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of shares | Number of voting rights | Number of shares Direct | Number of voting rights | Percentage of voting rights | |||
| Direct | Indirect | Direct | Indirect | ||||
| Ordinary shares | 13,823,641 (erroneously reported) | 13,823,641 (erroneously reported) | 14,323,641 | 14,323,641 | 6.20% | ||
| B: Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
| Total (A+B) | |
| Number of voting rights | Percentage of voting rights |
| 14,323,641 | 6.20% |
| 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
| Proxy Voting: | |
| 10. Name of 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: | On 14 July 2008, a TR-1 was filed reporting that beneficial ownership for QVT Financial LP had fallen below the 6% threshold. This was reported in error and beneficial ownership for QVT Financial LP has remained the same since the IPO. |
| 14 Contact name at Company: | Alex Sawka, Company Secretary |
| 15. Contact telephone number at Company: | 020 7245 0801 |