TR-1: Notification of Major Interest in Shares

RNS Number : 3810E

Canadian Overseas Petroleum Ltd

09 April 2014

9 April 2014

Canadian Overseas Petroleum Limited

(the "Company")

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARESⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ		Canadian Overseas Petroleum Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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): Admission to trading on LSE			X
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	The Capital Group Companies, Inc.
4. Full name of shareholder(s) (if different from 3.):^iv	Capital Research and Management Company American Funds Insurance Series Global Small Capitalization Fund
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	4 April 2014
6. Date on which issuer notified:	7 April 2014
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	Above 5%

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

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

Common Shares (CA13643D1078)

22,720,000

6.464%

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

N/A

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}

N/A

Nominal

Delta

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

22,720,000

6.464%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
Capital Research and Management Company American Funds Insurance Series Global Small Capitalization Fund

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A

13. Additional information:	Based on total voting rights of 351,495,497
14. Contact name:	Vivien Tan
15. Contact telephone number:	1.213.615.0469