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D1 Oils Plc (NEOS)

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Wednesday 09 February, 2011

D1 Oils Plc

Holding(s) in Company

RNS Number : 9529A
D1 Oils Plc
09 February 2011
 




For filings with the FSA include the annex

For filings with issuer exclude the annex

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 


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

D1 Oils plc

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 instruments which may result in the acquisition of shares already issued to which voting rights are attached

YES

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) subject to the
notification obligation:
iii

Principle Capital Investments Limited 

 

4. Full name of shareholder(s)
 (if different from 3.):iv

 

26,473,330 shares in the name of Principle Capital Investments Limited and 8,415,759 shares in the name of Evo Nominees Limited

 

 

 

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

Date of transaction                    7 February 2011

 

Date at which threshold is crossed in relation to the shares listed at 8A:     7 February 2011

 

Date at which threshold is crossed in relation to the qualifying financial instruments listed at 8B:                                              

 

6. Date on which issuer notified:

9 February 2011

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

27% (reducing through 14% if call option is exercised)

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction on 7 February 2011

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

 

 

£0.01 Ordinary

17,389,089

17,389,089

34,889,089

34,889,089


27.55




B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

Call Option

31/3/2011

Any time

17,389,089

13.81


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

34,889,089

27.55

 

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

 

 


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:

On 12 October 2010, Principle Capital Investments Limited and Principle Capital, L.P. entered into a sale agreement for 17,500,000 shares.  The purchaser has failed to complete the purchase and the agreement has terminated.  Principle Capital, L.P., has transferred its shares in D1 Oils plc to Principle Capital Investments Limited.

 

The option referred to at 8B above continues to be exercisable by the purchaser at any time until expiry on 31 March 2011.

 

14. Contact name:

Principle Capital Fund Managers Ltd

Ana Romero

15. Contact telephone number:

+41 22 908 1190

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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