Faroe Petroleum Plc Regulatory News (FPM)

13 Feb 2007 07:00

Faroe Petroleum PLC12 February 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): FAROE PETROLEUM PLC 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 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 (iii): AXA S.A. 25 AVENUE MATIGNON, 75008 PARIS AND ITS GROUP OF COMPANIES 4. Full name of shareholder(s) (if different from 3.) (iv): ................. 5. Date of the transaction and date on which the threshold is crossed or reachedif different) (v): 08/02/2007 6. Date on which issuer notified: 09/02/2007 7. Threshold(s) that is/are crossed or reached: 11% 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction (vi) Number of shares Number of voting Rights (viii) ORD3303290 10,110,900 10,110,900 Resulting situation after the triggering transaction (vii) Class/type of shares Number of shares Number of voting rights % of voting rights if possible using (ix) the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect 2,000,000 2,000,000 8,310,900 2.70% 11.23% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting % of voting financial (xiii) Period/ Date (xiv) rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 10,310,900 13.93% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): See attached appendix Please note that this notification includes a disclosure on behalf of the following investment Trust Companies which has/have a notifiable interest as outlined in the attached appendix. The interest of each Trust is listed below - Throgmorton Trust 2.70% holding 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: ................. 14. Contact name: Terry Marsh 15. Contact telephone number: 020 7003 2637 DISCLOSURE OF INTEREST IN SHARES OF APPENDIX FAROE PETROLEUM PLC Ord Total number of shares held as at 08/02/07 was 10,310,900 the breakdown of whichis set out below: Name of the Number of % of issued Particulars of Registered asCompany/Fund Shares shared capital Beneficial owners AXA Framlington 175,700 0.24Trustees for Roman Catholics(Non-Beneficial) AXA Framlington 360,000 0.49Xerox Final Salary Pension Scheme(Non-Beneficial) AXA Framlington 195,000 0.26Islington GroupPension Scheme(Non-Beneficial) AXA Framlington 87,850 0.12London Scottish Pension Fund(Non-Beneficial) AXA Framlington 500,000 0.68SEI UK Equity(Non-Beneficial) AXA Framlington 500,000 0.68St James Place Exempt(Pens) Fund(Non-Beneficial) AXA Framlington 600,000 0.81St James Place Net(Life)Fund(Non-Beneficial) AXA Framlington 166,000 0.22St James Place Offshore Fund(Non-Beneficial) AXA Framlington 200,000 0.27Daimier Chrysler(Non-Beneficial) AXA Framlington 2,000,000 2.70 Throgmorton Trust(Beneficial) AXA Framlington 700,000 0.95Managed Balanced(Non-Beneficial) AXA Framlington 1,400,000 1.89UK Smaller Companies(Non-Beneficial) AXA Framlington 140,000 0.19BAE Systems PensionsFund CIF Trustees(Non-Beneficial) AXA Framlington 61,350 0.08BAE Systems 2000Pensions Fund(Non-Beneficial) AXA Framlington 3,225,000 4.36RW Portfolio (Non-Beneficial) Holding as % of Issued Capital Total Beneficial 2,000,000 2.70Interest Total Non-Beneficial 8,310,900 11.23Interest Total 10,310,900 13.94% This information is provided by RNS The company news service from the London Stock Exchange