Statement re Notification Of Major Interest in ...
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 | Gulfsands Petroleum Plc |
|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 | Â |
|voting rights are attached | |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of instruments with similar economic | Â |
|effect to qualifying financial instruments | |
+---------------------------------------------------------------------+--------+
|An event changing the breakdown of voting rights | Â |
+---------------------------------------------------------------------+--------+
|Other (please specify): Â | Â |
+--------------------------------------+------------------------------+--------+
|3. Full name of person(s) subject to | |
|the | Schroders plc |
|notification obligation: iii | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | Â |
|(if different from 3.):iv | |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | 02.09.10 |
|reached: v | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 06.09.10 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| 15% - 14% |
|reached: vi, vii | |
+--------------------------------------+---------------------------------------+
+--------------------------------------------------------------------------------+
|8. Notified details: |
+--------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix |
+------------+----------------------+--------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
| +----------+-----------+----------+-----------------+---------------+
|if possible |Number |Number |Number |Number of voting |% of  voting |
|using |of |of |of shares |rights |rights x |
|the ISIN | ares |V ting +----------+------+----------+------+--------+
|CODE | |Rights |Direct |Direct|Indirect |Direct|Indirect|
| | | | |xi |xii | | |
+------------+----------+-----------+----------+------+----------+------+--------+
|Ordinary | | | | | | | |
| |24,890,387|18,184,001 |24,790,387|n/a |18,084,001|n/a |14.924% |
|GB00B06VGC01| | | | | | | |
+------------+----------+-----------+----------+------+----------+------+--------+
+--------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+--------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+--------------+----------+---------------------+------------------+-------------+
|Type of |Expiration|Exercise/ |Number of voting |% of voting |
|financial |date xiii |Conversion Period xiv|rights that may be|rights |
|instrument | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+--------------+----------+---------------------+------------------+-------------+
|Â |Â |Â |Â |Â |
+--------------+----------+---------------------+------------------+-------------+
+--------------------------------------------------------------------------------+
|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 xvii |Conversion |rights instrument |rights xix, xx|
|instrument | | |period |refers to |Â |
| | | |xviii |Â | |
+-------------+---------+----------+-----------+------------------+-------+------+
| | | | |Â |Nominal|Delta |
|Â |Â |Â |Â |Â +-------+------+
| | | | | |Â |Â |
+-------------+---------+----------+-----------+------------------+-------+------+
+--------------------------------------------------------------------------------+
|Total (A+B+C) |
+------------------------------------+-------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+------------------------------------+-------------------------------------------+
|18,084,001 |14.924% |
+------------------------------------+-------------------------------------------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable: xxi |
+------------------------------------------------------------------------------+
|Schroder Investment Management Limited  18,084,001  14.924% |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|Proxy Voting: |
+------------------------------------------------+-----------------------------+
|10. Name of the proxy holder: | Â |
+------------------------------------------------+-----------------------------+
|11. Number of voting rights proxy holder will | |
|cease | Â |
|to hold: | |
+------------------------------------------------+-----------------------------+
|12. Date on which proxy holder will cease to | |
|hold | Â |
|voting rights: | |
+------------------------------------------------+-----------------------------+
+-----------------------------+------------------------------------------------+
| | |
|13. Additional information: |The shares referred to in section 9 are held in |
| |portfolios managed by those firms on a |
| |discretionary basis for clients under investment|
| |management agreements |
+-----------------------------+------------------------------------------------+
|14. Contact name: |Chris Melrose |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|020 7658 6000 |
+-----------------------------+------------------------------------------------+
[HUG#1443046]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Gulfsands Petroleum PLC via Thomson Reuters ONE
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