Holding(s) in Company

RNS Number : 7972U

Petro Matad Limited

21 October 2010

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		PETRO MATAD LTD
2. Reason for the notification (please tick the appropriate box or boxes):
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 acquisition or disposal of instruments with similar economic effect to qualifying financial instruments			X
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to notification obligation:	GLG PARTNERS LP
4. Full name of shareholder(s) (if different from 3):	N/A
5. Date of transaction (and date on which the threshold is crossed or reached if different):	18/10/10
6. Date on which issuer notified:	19/10/10
7. Threshold(s) that is/are crossed or reached:	>5%
8: Notified Details

A: Voting rights attached to shares
Class/type of shares	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
If possible using ISIN CODE	Number of shares	Number of voting rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
Ordinary shares  BBG000TGGHV3	4,944,118	4,944,118	4,944,118		4,944,118		2.76%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
N/A	N/A	N/A	N/A	N/A

C: Financial instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
CFD	N/A	N/A	5,909,014	Nominal	Delta
				3.30%	3.30%

Total (A+B +C)
Number of voting rights	Percentage of voting rights
10,853,132	6.06%

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

GLG Partners is an investment management firm investing money on behalf of clients and investment funds

Proxy Voting:
10. Name of 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:	N/A

13. Additional information:	N/A
14 Contact name:	Dan Johnson
15. Contact telephone name:	020 7016 7426

Further information about the Company:

Petro Matad Limited

Douglas J. McGay- CEO 

[phone]

Westhouse Securities Limited

Richard Baty/Petre Norton

[phone]

 

END

 

 

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