TIDMOEX

RNS Number : 5392Y

Oilex Ltd

18 May 2016

ASX Announcement

18 May 2016

ASX: OEX

AIM: OEX

Notification of Major Interest in Shares

Please refer to the attached Notification of Major Interest in Shares.

For and on behalf of Oilex Ltd

Chris Bath

Chief Financial Officer and Company Secretary

For further information, please contact:

 
 Investor                     Nominated                     Media Enquires                Media Enquiries 
  Enquiries                   Adviser                       (UK)                          (Aus) 
  Oilex Ltd                   Strand Hanson                 Vigo Communications           Citadel-MAGNUS 
  Joe Salomon                 Limited                       Public Relations              Public Relations 
  Managing                    Nominated                     Patrick d'Ancona/Chris        Michael Weir 
  Director                    Adviser                       McMahon                       Email: 
  Email: oilex@oilex.com.au   Rory Murphy/Ritchie           Email:                        mweir@citadelmagnus.com 
  Tel: +61                    Balmer                        patrick.dancona@vigocomms.c   Tel: +618 
  8 9485 3200                 Email:                        om                            6160 6900 
  Australia                   oilex@strandhanson.co.uk      chris.mcmahon@vigocomms.com   Australia 
                              Tel: +44 20                   Tel: +44 20 
                              7409 3494                     7830 9700 
                              UK                            UK 
===========================  ============================  ============================  ============================= 
 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------- 
 
 
 1. Identity of the issuer or                                               Oilex Ltd 
  the underlying issuer 
  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                                     yes 
-----------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of qualifying financial                              no 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-----------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of instruments with                                  no 
  similar economic effect to qualifying financial 
  instruments 
-----------------------------------------------------------------  ------------------------------ 
 An event changing the breakdown of voting rights                                no 
-----------------------------------------------------------------  ------------------------------ 
 Other (please                                                                   no 
  specify): 
-------------------------------------------------------  --------  ------------------------------ 
 3. Full name of person(s)                                        Standard Life Investments 
  subject to the                                                  (Holdings) Limited (Parent 
  notification obligation:                                       Company) - 4.385 % comprised 
  (iii)                                                                      of: 
                                                                  Standard Life Investments 
                                                                      Limited - 3.220 % 
                                                                  Ignis Investment Services 
                                                                       Limited -1.165 % 
---------------------------------------------------------  -------------------------------------- 
 4. Full name of shareholder(s)                                     Vidacos NomineesHSBC 
  (if different from 3.):(iv) 
---------------------------------------------------------  -------------------------------------- 
 5. Date of the transaction                                              13/05/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  -------------------------------------- 
 6. Date on which issuer                                                 17/05/2016 
  notified: 
---------------------------------------------------------  -------------------------------------- 
 7. Threshold(s) that is/are                                      Standard Life Investments 
  crossed or                                                        (Holdings) Limited -5% 
  reached: (vi, vii)                                              Standard Life Investments 
                                                                         Limited -5% 
---------------------------------------------------------  -------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type             Situation previous                             Resulting situation after the 
  of                     to the triggering                                 triggering transaction 
  shares                    transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  --------------------------------  --------------------------------------------------------------------- 
                  Number           Number           Number           Number of voting              % of voting 
                   of               of               of shares        rights                        rights 
                   Shares           Voting                                                          (x) 
                                    Rights 
-------------    ---------------  ---------------  ---------------  ----------------------------  ---------------------- 
                                                    Direct           Direct       Indirect         Direct     Indirect 
                                                                      (xi)         (xii) 
-------------      -----------      -----------    ---------------  -----------  ---------------  ---------  ----------- 
  AU000000OEX8      76,760,000       76,760,000       51,760,000         0          51,760,000        0         4.385 
                 ---------------  ---------------  ---------------  -----------  ---------------  ---------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of            Expiration       Exercise/                     Number of voting   % of voting 
 financial           date             Conversion                    rights that        rights 
 instrument          (xiii)           Period (xiv)                  may 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        Exercise         Expiration       Exercise/      Number of voting   % of voting 
 financial      price            date             Conversion     rights              rights (xix, 
 instrument                      (xvii)           period         instrument          xx) 
                                                  (xviii)        refers to 
-------------  ---------------  ---------------  -------------  -----------------  ------------------------------------- 
                                                                                    Nominal          Delta 
-------------  ---------------  ---------------  -------------  -----------------  ---------------  -------------------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  -------------------------------------------------------- 
                          51,760,000                                                      4.385 
--------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------ 
 
                    Standard Life Investments (Holdings) Limited (Parent 
                              Company) - 4.385 % comprised of: 
                         Standard Life Investments Limited - 3.220 % 
                         Ignis Investment Services Limited -1.165 % 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------ 
 10. Name of the proxy holder: 
-------------------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  --------------------------- 
 14. Contact name:                                                GIOS@standardlife.com 
                                                                Standard Life Investments 
                                                                           Ltd 
-------------------------------------------------------------  --------------------------- 
 15. Contact telephone number:                                       (0131) 245 6565 
-------------------------------------------------------------  --------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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