Holding(s) in Company

RNS Number : 4351C

Cadogan Petroleum PLC

12 November 2009

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Cadogan Petroleum plc

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 voting rights are attached
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:	Altima Partners LLP
4. Full name of shareholder(s) (if different from 3.):	Altima Global Special Situations Master Fund Limited  Altima Global Special Opportunities Master Fund Limited
5. Date of the transaction and date on which the threshold is crossed or reached:	09 November 2009
6. Date on which issuer notified:	11November 2009
7. Threshold(s) that is/are crossed or reached:	7%

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		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB00B12WC938	12,971,278	12,971,278			12,971,278		5.6%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
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
CFD			3,012,104	1.3%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise  price	Expiration  date	Exercise/ Conversion  period	Number of voting  rights instrument  refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
15,983,382	6.9%

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

Altima Partners LLP is the Investment Advisor to the Altima Global Special Opportunities Master Fund Limited and the Altima Global Special Situations Master Fund Limited. The Corporate Member of Altima Partners LLP is Altima Services UK Limited which is owned and controlled by Altima International Limited. The voting share capital of Altima International Limited is held 50/50 by Mark Donegan and Dominic Redfern.

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:	Altima Partners LLP ("Altima") controls the exercise of voting rights over a number of funds. Altima is reporting as a result of the sale of 5,150,000 ordinary shares.
14. Contact name:	Stefan Bort
15. Contact telephone number:	[phone]

 

END

 

 

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