27 Aug 2015 13:04
Standard Form TR-1Voting rights attached to shares- Article 12(1) of directive 2004/109/ECFinancial instruments - Article 11(3) of the Commission Directive 2007/14/EC
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: DRAGON OIL PLC
2. Reason for the notification (please tick the appropriate box or boxes):
[X] 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
3. Full name of person(s) subject to the notification obligation:
EMIRATES NATIONAL OIL COMPANY LTD (ENOC) L.L.C. ("ENOC")
4. Full name of shareholder(s) (if different from 3.): N/A
5. Date of the transaction and date on which the threshold is crossed or reached:
20 August 2015
6. Date on which issuer notified:
26 August 2015
7. Threshold(s) that is/are crossed or reached:
ENOC's percentage of voting rights has increased from 53.9% on 1 July 2015 (the date of the posting of the offer document to shareholders of Dragon Oil) to 95.84% and each 1% percentage threshold from 53.9% up to 95.84% has been crossed
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 | Resulting situation after the triggering transaction | |||||
| Number of Shares | Number of Voting rights | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Direct | Indirect | Direct | Indirect | |||
Ordinary shares of €0.10 each (ISIN: IE0000590798) | 265,263,515 | 265,263,515 | 472,287,441 | 472,287,441 | 95.84 | ||
SUBTOTAL A (based on aggregate voting rights) | 265,263,515 | 95.84 | |||||
B) 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 |
N/A | N/A | N/A | NIL | NIL |
SUBTOTAL B (in relation to all expiration dates) | NIL | NIL | ||
Total (A+B) | number of voting rights | % of voting rights |
472,287,441 | 95.84 % |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: N/A
10. In case of proxy voting: [name of the proxy holder] will cease to hold [number] voting rights as of [date]. N/A
11. Additional information:
On 20 August 2015, ENOC had received acceptances of its offer for the shares in Dragon Oil not already owned by ENOC, valid in all respects relating to 207,023,926 Dragon Oil shares representing 41.9% of the current issued share capital of Dragon Oil bringing ENOC's total holding in Dragon Oil to 95.84%.
Done in Dublin on 26 August 2015.