Holding(s) in Company

RNS Number : 1867N

Petrofac Limited

11 February 2009

 

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Petrofac Limited

2. Reason for the notification (please place an X inside the appropriate bracket/s):

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: ( )

Other (please specify) : ( X )

The Non-EEA issuer list issued by the FSA includes Petrofac Limited, therefore the disclosure level would normally be 5%. Legal & General has  been informed today by the Company that whilst Petofac Limited is incorporated in Jersey, the Company's Articles are drafted such that shareholders are required to disclose at the 3% threshold.  

3. Full name of person(s) subject to the notification obligation:

Legal & General Group Plc (L&G)

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 if different):

n/a

6. Date on which issuer notified:

11 February 2009

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

Above 3% (L&G)

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction
	Number of shares	Number of voting Rights
Ordinary GB00B0H2K534	Below 3%

Resulting situation after the triggering transaction 

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rights
	Direct	Direct	Indirect	Direct	Indirect
Ordinary GB00B0H2K534	13,693,639	13,693,639		3.96

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration Date	Exercise/Conversion Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B)

Number of voting rights	% of voting rights
13,693,639	3.96

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

Legal & General Group Plc (Direct and Indirect) (Group)  Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)  Legal & General Investment Management Limited (Indirect) (LGIM)  Legal & General Group Plc (Direct) (L&G) (13,693,639 - 3.96% = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)   Legal & General Insurance Holdings Limited (Direct) (LGIH)  Legal & General Assurance (Pensions Management) Limited (PMC)   Legal & General Assurance Society Limited (LGAS & LGPL)  Legal & General Pensions Limited (Direct)  (LGPL)

Proxy Voting:

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:

n/a

13. Additional information:

Notification is based on a total voting rights figure of 345,434,858. 

14. Contact name:

Mary Hitchon

15. Contact telephone number:

[phone]

 

END

 

 

HOLMGGMZNMZGLZM