10 May 2016 18:22
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Hurricane Energy plc | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | |||||
An acquisition or disposal of qualifying 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): | The issuer has allotted new shares resulting in a dilution of the voting shares subject to the notification obligation | X | |||
3. Full name of person(s) subject to thenotification obligation: iii | Awal Bank B.S.C. (in Administration) | ||||
4. Full name of shareholder(s) (if different from 3.):iv | Chase Nominees Limited | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 10 May 2016 | ||||
6. Date on which issuer notified: | 10 May 2016 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5%, 4% | ||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
Ordinary shares ISIN GB00B580MF54 | 35,000,000 | 35,000,000 | 35,000,000 | 35,000,000 | 3.57% | |||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
35,000,000 | 3.57% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
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Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | Calculation based on total voting rights pre and post issue of New Ordinary Shares | |
14. Contact name: | Richard Norton (member of Charles Russell Speechlys LLP, external administrator of AWAL Bank B.S.C.) | |
15. Contact telephone number: | 01242 246357 | |