Holding(s) in Company

RNS Number : 3947N

Lekoil Limited

25 October 2016

 

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 ISIN: KYG5462G1073
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				X
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		October 21, 2016
6. Date on which issuer notified:		October 24, 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		Holdings decreased below the 6% 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 KYG5462G1073

30,455,474

30,455,474

30,060,250

30,060,250

5.60%

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

30,060,250

5.60%

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 October 21, 2016 Jennison clients held 30,060,250 shares of common stock (5.61% of the shares outstanding) of Lekoil Limited. Jennison has proxy voting authority over 30,060,250 shares (5.61% of the shares outstanding).
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:		N/A
14. Contact name:		Mirry M. Hwang, Senior Vice President, Secretary & Chief Legal Officer
15. Contact telephone number:		[e-mail] [phone]

 

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