FOGL.L Regulatory News (FOGL)

11 Sep 2007 13:44

Falkland Oil and Gas Limited11 September 2007 Falkland Oil and Gas Limited11 September 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): Falkland Oil & Gas Plc 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: ( ) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) :Transfer of shares with voting rights to subsidiary(YES) 3. Full name of person(s) subject to the notification obligation (iii): Erebus Limited, a wholly owned subsidiary of Falkland Islands Holdings Plc 4. Full name of shareholder(s) (if different from 3.) (iv): 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v): 7 September 2007 6. Date on which issuer notified: 10 September 2007 7. Threshold(s) that is/are crossed or reached: 16.3% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transaction (vi)using the ISIN CODE Number of shares Number of voting Rights (viii) FK00B030JM18 Nil Nil Resulting situation after the triggering transaction (vii) Class/type of shares if Number of shares Number of voting rights (ix) % of voting rightspossible using the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect 15,000,000 15,000,000 Nil 16.3% Nil B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rightsfinancial (xiii) Period/ Date (xiv) that may be acquired if theinstrument instrument is exercised/ converted. N/A None Nil Total (A+B)Number of voting rights % of voting rights 15,000,000 16.3% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): Proxy Voting: 10. Name of the proxy holder: Erebus Ltd will be the registered shareholder 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: No fixed date 13. Additional information: The transferor of the Falkland Oil & Gas Plc shares in Falkland Islands HoldingsPLC and the transferee, which will exercise the relevant voting rights, is awholly owned subsidiary of Falkland Islands Holdings PLC. The shares will beregistered in the name of the transferee, Erebus Ltd. 14. Contact name: Roger Spink 15. Contact telephone number: 00 500 27600 This information is provided by RNS The company news service from the London Stock Exchange