Holding(s) in Company
Summary by AI BETAClose X
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BMBVGQ36
Issuer Name
HARBOUR ENERGY PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
BASF SE
City of registered office (if applicable)
Ludwigshafen am Rhein
Country of registered office (if applicable)
Deutschland
4. Details of the shareholder
|
Name |
City of registered office |
Country of registered office |
|
Vidacos Nominees Limited |
London |
England |
5. Date on which the threshold was crossed or reached
17-May-2026
6. Date on which Issuer notified
17-May-2026
7. Total positions of person(s) subject to the notification obligation
|
% of voting rights attached to shares (total of 8.A) |
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2) |
Total of both in % (8.A + 8.B) |
Total number of voting rights held in issuer |
|
|
Resulting situation on the date on which threshold was crossed or reached |
25.485658 |
0.000000 |
25.485658 |
402616455 |
|
Position of previous notification (if applicable) |
34.980672 |
0.000000 |
34.980672 |
|
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
|
Class/Type of shares ISIN code(if possible) |
Number of direct voting rights (DTR5.1) |
Number of indirect voting rights (DTR5.2.1) |
% of direct voting rights (DTR5.1) |
% of indirect voting rights (DTR5.2.1) |
|
GB00BMBVGQ36 |
0 |
402616455 |
0.000000 |
25.485658 |
|
Sub Total 8.A |
402616455 |
25.485658% |
||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
|
|
|
|
|
|
|
Sub Total 8.B1 |
|
|
|
|
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Physical or cash settlement |
Number of voting rights |
% of voting rights |
|
|
|
|
|
|
|
|
Sub Total 8.B2 |
|
|
|
||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
|
Ultimate controlling person |
Name of controlled undertaking |
% of voting rights if it equals or is higher than the notifiable threshold |
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold |
Total of both if it equals or is higher than the notifiable threshold |
|
BASF SE (Chain 1) |
BASF Handels- und Exportgesellschaft mit beschränkter Haftung |
25.485658 |
0.000000 |
25.485658% |
|
BASF SE (Chain 1) |
Vidacos Nominees Ltd |
25.485658 |
0.000000 |
25.485658% |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
BASF SE is making this notification on behalf of itself and on behalf of its wholly owned subsidiary BASF Handels und Exportgesellschaft mit beschränkter Haftung.
BASF SE and BASF Handels und Exportgesellschaft mit beschränkter Haftung ("BASF") hold the shares in Harbour Energy plc ("Harbour") indirectly via a custodian, Vidacos Nominees Limited (as described in section 9 above), which holds the legal title to those shares on their behalf pursuant to a custody arrangement.
BASF entered into an agreement on 17 May 2026 to dispose of 150 million ordinary shares in Harbour to Altor Finance Limited, an entity sharing common ultimate ownership with BW Group (the "Transaction"). Closing and settlement of the Transaction is expected to occur on or before 26 May 2026. To enable the Transaction triggering this notification, Morgan Stanley Europe SE has agreed to waive the 90-day lock-up governing any sale of shares in Harbour by BASF, which was imposed following closing of the secondary placing of shares in Harbour shares by BASF on March 31, 2026 [(the "Placing"), solely in respect of the Transaction. The voting rights which BASF is disposing of (as disclosed in this notification) will remain subject to lock-up restrictions for the balance of that 90-day period. BASF's remaining voting rights in Harbour continue to be subject to the balance of the 90-day lock-up restrictions detailed in the Placing announcement dated 27 March 2026.
12. Date of Completion
17-May-2026
13. Place Of Completion
Ludwigshafen, Germany
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