LEKOIL LIMITED (LEK) LEKOIL LIMITED: TR-1: Standard form for notification of major holdings 03-Jul-2018 / 10:55 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
TR-1 NOTIFICATION OF MAJOR INTEREST IN SHARESi | 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Lekoil Limited | | 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 | X | | Other (please specify): | | | | 3. Full name of person(s) subject to the notification obligation: iii | Jennison Associates LLC ("Jennison") on behalf of its client accounts | | 4. Full name of shareholder(s) (if different from 3.):iv | Jennison is an investment advisor registered with the US Securities and Exchange Commission and provides investment management services to pension funds, mutual funds and other types of investors. It is Jennison's policy to not disclose the identity of its clients. | | 5. Date of the transaction and date on which the threshold is crossed or reached: v | June 29, 2018 | | 6. Date on which issuer notified: | July 02, 2018 | | 7. Threshold(s) that is/are crossed or reached: vi, vii | Holdings decreased below the 5% threshold | | | | | | |
| 8. Notified details: | | A: Voting rights attached to shares viii, ix | | 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 x | | Direct | Direct xi | Indirect xii | Direct | Indirect | | Common Stock | 30,060,250 | 30,060,250 | 24,136,166 | | 24,136,166 | | 4.50% |
| B: Qualifying Financial Instruments | | Resulting situation after the triggering transaction | | Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | | N/A | | | | |
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | | Resulting situation after the triggering transaction | | Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | | N/A | | | | | Nominal | Delta | | | |
| Total (A+B+C) | | Number of voting rights | Percentage of voting rights | | 24,136,166 | 4.50% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | | Jennison is an investment advisor registered with the US Securities and Exchange Commission and provides investment management services to pension funds, mutual funds and other types of investors. It is Jennison's policy to not disclose the identity of its clients. As of June 29, 2018 Jennison clients held 24,136,166 shares of common stock (4.50% of the shares outstanding) of Lekoil Limited. Jennison has proxy voting authority over 24,136,166 shares (4.50% of the shares outstanding). |
| Proxy Voting: N/A | | 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: | N/A | | 14. Contact name: | Mirry M. Hwang, Senior Vice President, Secretary & Chief Legal Officer | | 15. Contact telephone number: | mhwang@jennison.com; (212) 833-0589 |
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