Holding(s) in Company

RNS Number : 0944Z
Bahamas Petroleum Company PLC
07 January 2011
 



 


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

Bahamas Petroleum Co 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:
iii

RAB CAPITAL PLC ACTING AS DISCRETIONARY MANAGER OF RAB SPECIAL SITUATIONS (MASTER) FUND LIMITED AND RAB ENERGY FUND LIMITED

4. Full name of shareholder(s)
 (if different from 3.):iv

CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

03.11.2010

6. Date on which issuer notified:

06.01.11

7. Threshold(s) that is/are crossed or
reached:
vi, vii

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

ORDINARY SHARES *

IM00B3NTV894

36,445,250

36,445,250



2,750,658


0.28%

ORDINARY SHARES **

IM00B3NTV894

23,866,400

23,866,400



23,866,400


2.44%


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

 

CFD*

n/a

n/a

n/a

 

11,137,500

Nominal

Delta

1.13%



Total (A+B+C)

Number of voting rights

Percentage of voting rights

37,754,558

3.85%



 

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

 

* RAB Capital plc acts as investment manager for RAB SPECIAL SITUATIONS (MASTER) FUND LIMITED AND RAB ENERGY FUND LIMITED who are the beneficial owners of the relevant securities. The legal title to these securities is held on behalf of the beneficial owners by their nominee, CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED.

** These shares are held by Mr. William Philip Seymour Richards who is the appointed fund manager of RAB Special Situations (Master) Fund Limited and is an employee and executive director of RAB Capital plc.

 

 


Proxy Voting:

10. Name of the proxy holder:

n/a

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:


14. Contact name:

LEGAL TEAM

15. Contact telephone number:

020 7389 7000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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