TIDMVPP
RNS Number : 1391B
Valiant Petroleum PLC
21 October 2009
?
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+------------------------------------------------+-------------------------------------+
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+------------------------------------------------+-------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
| |
+--------------------------------------------------------------------------------------+
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+--------------------------------------------------------------------------------------+
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+--------------------------------------------------------------+-----------------------+
| 1. Identity of the issuer or the underlying issuer |Valiant Petroleum Plc |
| of existing shares to which voting rights are | |
| attached: ii | |
+--------------------------------------------------------------+-----------------------+
| |
| 2 Reason for the notification (please tick the appropriate box or boxes): |
+--------------------------------------------------------------------------------------+
| | |
| An acquisition or disposal of voting rights | |
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| | |
| An acquisition or disposal of qualifying financial instruments which may | |
| result in the acquisition of shares already issued to which voting rights | |
| are attached | |
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| | |
| An acquisition or disposal of instruments with similar economic effect to | |
| qualifying financial instruments | |
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| | |
| An event changing the breakdown of voting rights | |
+----------------------------------------------------------------------------+---------+
| | Equity Issue of 12.547.170 new ordinary shares | X |
| Other (please | | |
| specify): | | |
+--------------------+-------------------------------------------------------+---------+
| | Sector Asset Management acting through its |
| 3. Full name of person(s) | subsidiary Sector Omega in the capacity as |
| subject to the | discretionary investment manager to underlying |
| notification obligation: iii | funds of Sector Umbrella Trust; Sector Maritime |
| | Investments, Sector Cognimetrica and Sector |
| | Speculare III |
+----------------------------------+---------------------------------------------------+
| | Sector Maritime Investments, Sector Cognimetrica |
| 4. Full name of shareholder(s) | and Sector Speculare III, subfunds of Sector |
| (if different from 3.):iv | Umbrella Trust |
+----------------------------------+---------------------------------------------------+
| | 19 October 2009 |
| 5. Date of the transaction and | |
| date on | |
| which the threshold is crossed | |
| or | |
| reached: v | |
+----------------------------------+---------------------------------------------------+
| | 19 October 2009 |
| 6. Date on which issuer | |
| notified: | |
+----------------------------------+---------------------------------------------------+
| | Decrease to 5.01% |
| 7. Threshold(s) that is/are | |
| crossed or | |
| reached: vi, vii | |
+--------------------+-------------+-------------+-------------+-------------+---------+
+----------------+----------+--+--------+----------------+--+--+----------------+--+--------+--+--------------+----+----------------+--+--+--------+
| 8. Notified details: |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares viii, ix |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Class/type of | Situation previous | Resulting situation after the triggering |
| shares | to the triggering | transaction |
| if possible | transaction | |
| using | | |
| the ISIN CODE | | |
+ +---------------------------------------------+-----------------------------------------------------------------------------------+
| | Number | Number | Number | Number | % of voting rights x |
| | of | of | of | of | |
| | Shares | Voting | shares | voting | |
| | | Rights | | rights | |
+ + + +-------------------+--------------------------+------------------------------------+
| | | | Direct | Direct xi | Indirect xii | Direct | Indirect |
+----------------+----------------------+----------------------+-------------------+-----------+--------------+------------------------+-----------+
| GB00B2NJD643 | 1,942,296 | 1,942,296 | 1,942,296 | 1,942,296 | - | 5.01% | - |
| | | | | | | | |
+----------------+ + + + + + + +
| | | | | | | | |
+----------------+----------------------+----------------------+-------------------+-----------+--------------+------------------------+-----------+
| |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| B: Qualifying Financial Instruments |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Expiration | Exercise/ | Number of voting | % of voting |
| instrument | date xiii | Conversion | rights that may | rights |
| | | Period xiv | be | |
| | | | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
+------------------------------+-------------------------+----------------------------------+---------------------------------------+--------------+
| | | | | |
+------------------------------+-------------------------+----------------------------------+---------------------------------------+--------------+
| |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
| xv, xvi |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Exercise | Expiration | Exercise/ | Number of voting | % of voting |
| instrument | price | date xvii | Conversion | rights instrument | rights xix, xx |
| | | | period | refers to | |
| | | | xviii | | |
+---------------------------+-----------+-------------------+----------------------+-------------------------------+-------------------------------+
| | | | | | Nominal | Delta |
+ + + + + +----------------------+--------+
| | | | | | | |
+---------------------------+-----------+-------------------+----------------------+-------------------------------+----------------------+--------+
| |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Total (A+B+C) |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------------------------------------------------------------+------------------------------------------------------------------+
| 1,942,296 | 5.01% |
+----------------+----------+--+--------+----------------+--+--+----------------+--+--------+--+--------------+----+----------------+--+--+--------+
+--------------------------------------------+---+---------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or the |
| financial instruments are effectively held, if applicable: xxi |
+----------------------------------------------------------------------------------+
| 1.942.296 shares (5.01%) are under the control of Sector Asset Management acting |
| through its subsidiary Sector Omega in the capacity as discretionary investment |
| manager to underlying funds of Sector Umbrella Trust; Sector Maritime |
| Investments, Sector Cognimetrica and Sector Speculare III. |
+----------------------------------------------------------------------------------+
| |
+----------------------------------------------------------------------------------+
| Proxy Voting: |
+----------------------------------------------------------------------------------+
| | N/A |
| 10. Name of the proxy holder: | |
+------------------------------------------------+---------------------------------+
| | N/A |
| 11. Number of voting rights proxy holder will | |
| cease | |
| to hold: | |
+------------------------------------------------+---------------------------------+
| | N/A |
| 12. Date on which proxy holder will cease to | |
| hold | |
| voting rights: | |
+------------------------------------------------+---------------------------------+
| |
+----------------------------------------------------------------------------------+
| 13. Additional information: | Notification using the Total Voting |
| | Rights |
| | figure of 38.792.568 |
+--------------------------------------------+-------------------------------------+
| | Inger-Anne Vikre |
| 14. Contact name: | |
+--------------------------------------------+-------------------------------------+
| | +47 23 01 29 53 |
| 15. Contact telephone number: | |
+--------------------------------------------+---+---------------------------------+
+--------------------------------------------+---------------------------------------------+
| Note: Annex should only be submitted to the FSA not the issuer |
+------------------------------------------------------------------------------------------+
| Annex: Notification of major interests in share |
+------------------------------------------------------------------------------------------+
| |
+------------------------------------------------------------------------------------------+
| A: Identity of the persons or legal entity subject to the notification obligation |
+------------------------------------------------------------------------------------------+
| Full name | |
| (including legal form of legal entities) | |
| | |
+--------------------------------------------+---------------------------------------------+
| Contact address | |
| (registered office for legal entities) | |
| | |
+--------------------------------------------+---------------------------------------------+
| Phone number & email | |
| | |
+--------------------------------------------+---------------------------------------------+
| Other useful information | |
| (at least legal representative for legal | |
| persons) | |
| | |
+--------------------------------------------+---------------------------------------------+
| | |
+--------------------------------------------+---------------------------------------------+
| B: Identity of the notifier, if applicable |
+------------------------------------------------------------------------------------------+
| Full name | |
| | |
+--------------------------------------------+---------------------------------------------+
| Contact address | |
| | |
+--------------------------------------------+---------------------------------------------+
| Phone number & email | |
| | |
+--------------------------------------------+---------------------------------------------+
| Other useful information | |
| (e.g. functional relationship with the | |
| person or legal entity subject to the | |
| notification obligation) | |
+--------------------------------------------+---------------------------------------------+
| |
+------------------------------------------------------------------------------------------+
| C: Additional information |
+------------------------------------------------------------------------------------------+
| |
+------------------------------------------------------------------------------------------+
| For notes on how to complete form TR-1 please see the FSA website. |
+--------------------------------------------+---------------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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