TIDMOPHR TIDMPRU

RNS Number : 7735W

Ophir Energy Plc

13 February 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------ 
 
 
 
 1. Identity of the issuer or                                              Ophir Energy plc 
  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                                        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)                                      Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                              Prudential plc 
                                                                  The Prudential Assurance Company 
                                                                              Limited 
                                                                         M&G Group Limited 
                                                                     M&G Investment Management 
                                                                              Limited 
                                                                            M&G Limited 
---------------------------------------------------------  ------------------------------------------- 
 5. Date of the transaction                                              10 February 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------------- 
 6. Date on which issuer                                                 13 February 2017 
  notified: 
---------------------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are                                               See item 13 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  ------------------------------------------- 
 
 
 
 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                % of voting 
                          of                 of                 of shares       voting                   rights (x) 
                          Shares             Voting                             rights 
                                             Rights 
--------------------    -----------------  -----------------  --------------  -----------------------  ----------------------- 
                                                               Direct          Direct     Indirect      Direct      Indirect 
                                                                               (xi)        (xii) 
--------------------      -------------      -------------    --------------  ---------  ------------  ----------  ----------- 
 
      ORD GBP0.0025 
      GB00B24CT194          62,404,463         62,404,463       62,042,190        0       62,042,190        0         8.78% 
----------------------  -----------------  -----------------  --------------  ---------  ------------  ----------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial         Expiration         Exercise/                          Number of voting         % of voting 
  instrument                date               Conversion                         rights that              rights 
                            (xiii)             Period (xiv)                       may be 
                                                                                  acquired if 
                                                                                  the 
                                                                                  instrument 
                                                                                  is 
                                                                                  exercised/ 
                                                                                  converted. 
------------------------  -----------------  ---------------------------------  -----------------------  --------------------- 
      ORD GBP0.0025                                                                     998,684                  0.14% 
       GB00B24CT194 
     (Right of Recall) 
------------------------  -----------------  ---------------------------------  -----------------------  --------------------- 
 
 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               Conversion       rights instrument          rights (xix, 
                                          (xvii)             period           refers to                  xx) 
                                                             (xviii) 
--------------------  -----------------  -----------------  --------------  -------------------------  ----------------------- 
                                                                                                        Nominal       Delta 
--------------------  -----------------  -----------------  --------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                                     Percentage of voting rights 
--------------------------------------------------------------------------  -------------------------------------------------- 
 63,040,874                                                                  8.92% 
--------------------------------------------------------------------------  -------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------ 
 
   Prudential plc (parent Company) - 63,040,874 (8.92%) 
   The Prudential Assurance Company Limited (wholly owned 
   subsidiary of Prudential plc) - 27,959,724 (3.95%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 62,944,435 (8.91%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 62,944,435 (8.91%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 62,944,435 (8.91%) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                                           N/A 
--------------------------------------------------------  -------------------------------- 
 11. Number of voting rights proxy                                       N/A 
  holder will cease 
  to hold: 
--------------------------------------------------------  -------------------------------- 
 12. Date on which proxy holder will                                     N/A 
  cease to hold 
  voting rights: 
--------------------------------------------------------  -------------------------------- 
 
 
  13. Additional information:                                The non-exempt holdings for 
                                                             Prudential plc have moved 
                                                             from 4% to a 3% notifiable 
                                                             interest. 
 
                                                             The Prudential Assurance 
                                                             Company Limited (wholly owned 
                                                             subsidiary of Prudential 
                                                             plc) has moved from 4% to 
                                                             a 3% notifiable interest. 
--------------------------------------------------------  -------------------------------- 
 14. Contact name:                                         John Baker / Owen Smith / 
                                                            James Todd 
                                                            M&G Investment Management 
                                                            Limited 
--------------------------------------------------------  -------------------------------- 
                                                           020 7548 2561 / 020 7004 
 15. Contact telephone number:                              4517 / 020 7548 2293 
--------------------------------------------------------  -------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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