TIDMDGO

RNS Number : 3252X

Dragon Oil PLC

27 August 2015

Standard Form TR-1

Voting rights attached to shares- Article 12(1) of directive 2004/109/EC

Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: DRAGON OIL PLC

   2.         Reason for the notification (please tick the appropriate box or boxes): 
   [X]     an acquisition or disposal of voting rights 

[ ] an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

   [ ]      an event changing the breakdown of voting rights 
   3.         Full name of person(s) subject to the notification obligation: 

EMIRATES NATIONAL OIL COMPANY LTD (ENOC) L.L.C. ("ENOC")

   4.         Full name of shareholder(s) (if different from 3.): N/A 
   5.         Date of the transaction and date on which the threshold is crossed or reached: 

20 August 2015

   6.         Date on which issuer notified: 

26 August 2015

   7.         Threshold(s) that is/are crossed or reached: 

ENOC's percentage of voting rights has increased from 53.9% on 1 July 2015 (the date of the posting of the offer document to shareholders of Dragon Oil) to 95.84% and each 1% percentage threshold from 53.9% up to 95.84% has been crossed

   8.         Notified details: 
 
 A) Voting rights attached to shares 
----------------------------------------------------------------------------------------------------------------- 
 Class/type of            Situation previous          Resulting situation after the triggering 
  shares (if possible      to the Triggering           transaction 
  using the ISIN           transaction 
  CODE) 
-----------------------  --------------------------  ------------------------------------------------------------ 
                          Number        Number        Number        Number of voting         % of voting rights 
                           of Shares     of Voting     of shares     rights 
                                         rights 
-----------------------  ------------  ------------  ------------  -----------------------  --------------------- 
                                                      Direct        Direct        Indirect   Direct     Indirect 
-----------------------  ------------  ------------  ------------  ------------  ---------  ---------  ---------- 
 Ordinary shares 
  of EUR0.10 each 
  (ISIN: IE0000590798)    265,263,515   265,263,515   472,287,441   472,287,441              95.84 
-----------------------  ------------  ------------  ------------  ------------  ---------  ---------  ---------- 
 
 SUBTOTAL A (based 
  on aggregate voting 
  rights)                               265,263,515                                                   95.84 
-----------------------  ------------  ------------  ------------  -----------------------  --------------------- 
 
 
 B) Financial Instruments 
--------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/Conversion   Number of voting          % of voting 
  instrument          Date         Period/ Date          rights that               rights 
                                                         may be acquired 
                                                         if the instrument 
                                                         is exercised/converted 
------------------  -----------  --------------------  ------------------------  ------------ 
 N/A                 N/A          N/A                   NIL                       NIL 
------------------  -----------  --------------------  ------------------------  ------------ 
 
                                  SUBTOTAL B            NIL                       NIL 
                                   (in relation 
                                   to all expiration 
                                   dates) 
                                 --------------------  ------------------------  ------------ 
 
 
 Total (A+B)    number of voting   % of voting rights 
                 rights 
-------------  -----------------  ------------------- 
                472,287,441        95.84 % 
-------------  -----------------  ------------------- 
 

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

10. In case of proxy voting: [name of the proxy holder] will cease to hold [number] voting rights as of [date]. N/A

   11.       Additional information: 

On 20 August 2015, ENOC had received acceptances of its offer for the shares in Dragon Oil not already owned by ENOC, valid in all respects relating to 207,023,926 Dragon Oil shares representing 41.9% of the current issued share capital of Dragon Oil bringing ENOC's total holding in Dragon Oil to 95.84%.

Done in Dublin on 26 August 2015.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 27, 2015 08:05 ET (12:05 GMT)

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