Last checked at 29 Mar 2021 18:00
March 29, 2021
ZENITH ENERGY LTD.
("Zenith" or the "Company")
TR-1 Notifications
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the listed international oil & gas production company focused on pursuing African development opportunities, announces that it has received the TR-1 Notifications set out below without amendment.
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
CA98936C1068
Issuer Name
Zenith Energy Ltd
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Nordnet AB (publ)
City of registered office (if applicable)
STOCKHOLM
Country of registered office (if applicable)
Sweden
4. Details of the shareholder
Is the shareholder the same as the person subject to the notification obligation, above?
No
NAME | CITY OF REGISTERED OFFICE | COUNTRY OF REGISTERED OFFICE |
Nordnet Livsforsikring AS | Oslo | Norway |
Nordnet Pensionsförsäkring AB | Stockholm | Sweden |
5. Date on which the threshold was crossed or reached
25-Mar-2021
6. Date on which Issuer notified
29-Mar-2021
7. Total positions of person(s) subject to the notification obligation
| % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
Resulting situation on the date on which threshold was crossed or reached | 5.040000 | 0.000000 | 5.040000 | 58621518 |
Position of previous notification (if applicable) | 4.990000 | 0.000000 | 4.990000 |
|
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
CLASS/TYPE OF SHARES ISIN CODE(IF POSSIBLE) | NUMBER OF DIRECT VOTING RIGHTS (DTR5.1) | NUMBER OF INDIRECT VOTING RIGHTS (DTR5.2.1) | % OF DIRECT VOTING RIGHTS (DTR5.1) | % OF INDIRECT VOTING RIGHTS (DTR5.2.1) |
CA98936C1068 |
| 58621518 |
| 5.040000 |
Sub Total 8.A | 58621518 | 5.040000% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
TYPE OF FINANCIAL INSTRUMENT | EXPIRATION DATE | EXERCISE/CONVERSION PERIOD | NUMBER OF VOTING RIGHTS THAT MAY BE ACQUIRED IF THE INSTRUMENT IS EXERCISED/CONVERTED | % OF VOTING RIGHTS |
|
|
|
|
|
Sub Total 8.B1 |
|
|
| |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
TYPE OF FINANCIAL INSTRUMENT | EXPIRATION DATE | EXERCISE/CONVERSION PERIOD | PHYSICAL OR CASH SETTLEMENT | NUMBER OF VOTING RIGHTS | % OF VOTING RIGHTS |
|
|
|
|
|
|
Sub Total 8.B2 |
|
|
| ||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate Controlling Person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
Nordnet AB (publ) | Nordnet Livsforsikring AS | 4.930000 |
| 4.930000 |
Nordnet AB (publ) | Nordnet Pensionsförsäkring AB | 0.110000 |
| 0.110000 |
10. In case of proxy voting
Is there proxy voting?
No
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Nordnet Pensionsförsäkring AB and Nordnet Livsforsikring AS are wholly owned subsidiaries of Nordnet AB (publ).
12. Date of Completion
29-Mar-2021
13. Place Of Completion
Stockholm
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
CA98936C1068
Issuer Name
Zenith Energy Ltd
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Nordnet AB (publ)
City of registered office (if applicable)
STOCKHOLM
Country of registered office (if applicable)
Sweden
4. Details of the shareholder
Is the shareholder the same as the person subject to the notification obligation, above?
No
NAME | CITY OF REGISTERED OFFICE | COUNTRY OF REGISTERED OFFICE |
Nordnet Pensionsförsäkring AB | Stockholm | Sweden |
Nordnet Livsforsikring AS | Oslo | Norway |
5. Date on which the threshold was crossed or reached
24-Mar-2021
6. Date on which Issuer notified
26-Mar-2021
7. Total positions of person(s) subject to the notification obligation
| % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
Resulting situation on the date on which threshold was crossed or reached | 4.99 | 0.00 | 4.99 | 58135614 |
Position of previous notification (if applicable) | 5.07 | 0.00 | 5.07 |
|
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
CLASS/TYPE OF SHARES ISIN CODE(IF POSSIBLE) | NUMBER OF DIRECT VOTING RIGHTS (DTR5.1) | NUMBER OF INDIRECT VOTING RIGHTS (DTR5.2.1) | % OF DIRECT VOTING RIGHTS (DTR5.1) | % OF INDIRECT VOTING RIGHTS (DTR5.2.1) |
CA98936C1068 |
| 58135614 |
| 4.990000 |
Sub Total 8.A | 58135614 | 4.990000% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
TYPE OF FINANCIAL INSTRUMENT | EXPIRATION DATE | EXERCISE/CONVERSION PERIOD | NUMBER OF VOTING RIGHTS THAT MAY BE ACQUIRED IF THE INSTRUMENT IS EXERCISED/CONVERTED | % OF VOTING RIGHTS |
|
|
|
|
|
Sub Total 8.B1 |
|
|
| |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
TYPE OF FINANCIAL INSTRUMENT | EXPIRATION DATE | EXERCISE/CONVERSION PERIOD | PHYSICAL OR CASH SETTLEMENT | NUMBER OF VOTING RIGHTS | % OF VOTING RIGHTS |
|
|
|
|
|
|
Sub Total 8.B2 |
|
|
| ||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate Controlling Person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
Nordnet AB (publ) | Nordnet Livsforsikring AS 914350956 | 4.890000 |
| 4.890000 |
| Nordnet Pensionsförsäkring AB 516406-0286 | 0.100000 |
| 0.100000 |
10. In case of proxy voting
Is there proxy voting?
No
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Nordnet Pensionsförsäkring AB and Nordnet Livsforsikring AS are wholly owned subsidiaries of Nordnet AB (publ).
12. Date of Completion
26-Mar-2021
13. Place Of Completion
Stockholm