Holding(s) in Company

RNS Number : 6016I

Lekoil Limited

02 June 2014

 



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				Lekoil Limited
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		Jennison Associates LLC ("Jennison") on behalf of its client accounts
4. Full name of shareholder(s)  (if different from 3.):iv		Jennison is an investment advisor registered with the US Securities and Exchange Commission and provides investment management services to pension funds, mutual funds and other types of investors. It is Jennison's policy to not disclose the identity of its clients.
5. Date of the transaction and date on which the threshold is crossed or reached: v		May 28, 2014
6. Date on which issuer notified:		May 30, 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		Holdings decreased below the 7% threshold

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 Stock

24,386,750

23,189,665

24,535,708

23,330,744

6.43%

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

Total (A+B+C)

Number of voting rights

Percentage of voting rights

23,330,744

6.43%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Jennison is an investment advisor registered with the US Securities and Exchange Commission and provides investment management services to pension funds, mutual funds and other types of investors. It is Jennison's policy to not disclose the identity of its clients. As of May 28, 2014 Jennison clients held 24,535,708 shares of common stock (6.76% of the shares outstanding) of Lekoil Limited. Jennison has proxy voting authority over 23,330,744 shares (6.43% of the shares outstanding) and does not have proxy voting authority over 1,204,964 shares (0.33% of the shares outstanding).
Proxy Voting: N/A
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:	N/A
14. Contact name:	Cynthia Lo Bessette, Vice President & Assistant Secretary
15. Contact telephone number:	[e-mail]; [phone]

 

END

 

 

HOLFLLFBZQFZBBV