BP p.l.c. received on 4 December 2009 from Blackrock, Inc. a notification of their interests in BP Ordinary Shares of US$0.25 each dated 4 December 2009. The disclosure of their interest in accordance with DTR5 is attached.
This notice is given in fulfilment of BP p.l.c.'s obligation under DTR 5.8.12
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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1. Identity of the issuer or the underlying issuer |
BP PLC |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the |
BlackRock, Inc. |
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4. Full name of shareholder(s) |
N/A |
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5. Date of the transaction and date on |
1st December 2009 |
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6. Date on which issuer notified: |
4th December 2009 |
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7. Threshold(s) that is/are crossed or |
Holding has gone above 5% |
8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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GB0007980591 |
N/A |
N/A |
N/A |
N/A |
1,142,207,815 |
N/A |
6.09% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to |
% of voting rights xix, xx |
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CFD |
N/A |
N/A |
N/A |
11,435,745 |
Nominal |
Delta |
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0.06% |
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Put Option |
GBP 4.40 |
18th December 2009 |
Until expiry |
146,000 |
0.0008% |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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1,153,789,560 |
6.15% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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On 1 December 2009, the Barclays Global Investors (BGI) business was acquired by BlackRock, Inc. The combined holdings of BlackRock, Inc following this acquisition triggered this disclosure requirement. BlackRock Investment Management (UK) Limited 132,891,526 (6.15%) |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease |
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12. Date on which proxy holder will cease to hold |
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BlackRock Compliance Disclosures Team |
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14. Contact name: |
Stuart Watchorn |
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15. Contact telephone number: |
020 7743 5741; stuart.watchorn@blackrock.com |