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Notification of major interest in shares

18 Aug 2015 15:08

RNS Number : 4004W
Savannah Petroleum PLC
18 August 2015
 



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

Savannah 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 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):

3. Full name of person(s) subject to thenotification obligation: iii

Taleh Musayev

4. Full name of shareholder(s)  (if different from 3.):iv

Aralia Capital SA & Peleng Holding Corporation

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

17 August 2015

6. Date on which issuer notified:

17 August 2015

7. Threshold(s) that is/are crossed orreached: vi, vii

6%, 5%, 4%, 3%

 

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

11,819,730

11,819,730

0

0

0

0

0

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

n/a

n/a

n/a

n/a

n/a

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

 

n/a

n/a

n/a

n/a

 

n/a

Nominal

Delta

n/a

n/a

Total (A+B+C)

Number of voting rights

Percentage of voting rights

0

0

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

 

Taleh Musayev transferred 100% of his shares in Aralia Capital SA and Peleng Holding Corporation, which, in aggregate, hold 6.1% of the voting shares in Savannah Petroleum PLC, to Azima Musayeva. Peleng Holding Corporation and Aralia Capital SA were both 100% owned by Taleh Musayev.

Proxy Voting:

10. Name of the proxy holder:

 

n/a

11. Number of voting rights proxy holder will ceaseto hold:

 

n/a

12. Date on which proxy holder will cease to holdvoting rights:

 

n/a

13. Additional information:

 

n/a

14. Contact name:

Taleh Musayev

15. Contact:

Suite 205, Second Floor, Capital City, Independence Avenue, P.O. Box 903, Victoria, Mahé, Republic of Seychelles

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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