1 Jul 2008 11:59

|
ForĀ Immediate Release |
1 JulyĀ 2008 |
Global Energy DevelopmentĀ PLCĀ
(theĀ "Company")
Notifiable Interest
A Form TR-1 containing the following information has been received by the Company.Ā
TR-1: Notification of Major Interests in SharesĀ
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:Ā
Global Energy DevelopmentĀ PLCĀ
2. Reason for the notification:Ā
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation:Ā
Ā NCC Limited
4. Full name of shareholder(s) (if different from 3):Ā
-
5.Ā Date of the transaction (and date on which the threshold is crossed or reached if different):Ā
18 June 2008
6. Date on which issuer notified:Ā
26Ā June 2008
7. Threshold(s) that is/are crossed or reached:Ā
4%
Ā Ā 8. Notified details:Ā
A: Voting rights attached to shares
|
Class/type of shares If possible using ISIN CODE |
Situation previous toĀ theĀ 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 |
|||
|
1p Ordinary Shares GB0031461949 |
1,397,300 |
1,397,300 |
1,447,300 |
1,447,300 |
4.09% |
||
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 |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
1,447,300 |
4.09% |
Ā Ā 9. Chain of controlled undertakings through which the voting rights and/or the financialĀ instruments are effectively held, if applicable:Ā
-
10. Name of the proxy holder:Ā
-
11. Number of voting rights proxy holder willĀ ceaseĀ to hold:Ā
-
12. Date on which proxy holderĀ willĀ ceaseĀ to hold voting rights:Ā
-
13. Additional information:Ā
-
14. Contact name:
-
15. Contact:
-
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