Holding(s) in Company

RNS Number : 0231W

SEPLAT Petroleum Development Co PLC

03 February 2017

 

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			Seplat Petroleum Development Company Plc ("Seplat")
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):	Pursuant to the acquisition by PT PERTAMINA INTERNASIONAL EKSPLORASI DAN PRODUKSI ("PIEP") of 64.46% of the share capital and 63.35% of the voting rights of ETABLISSEMENTS MAUREL ET PROM S.A., which in turn holds 120,400,000 shares of Seplat, representing 21.37% of its share capital.			x
3. Full name of person(s) subject to the notification obligation: iii		PT PERTAMINA INTERNASIONAL EKSPLORASI DAN PRODUKSI
4. Full name of shareholder(s)  (if different from 3.):iv		ETABLISSEMENTS MAUREL ET PROM S.A.
5. Date of the transaction and date on which the threshold is crossed or reached: v		1 February 2017
6. Date on which issuer notified:		1 February 2017
7. Threshold(s) that is/are crossed or reached: vi, vii		Above 21%

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 of 50 kobos each ISIN: NGSEPLAT0008

0

0

0

0

120,400,000

0

21.37%

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

N/A

N/A

N/A

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

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

120,400,000

21.37%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
PIEP holds 64.46% of the share capital and 63.35% of the voting rights of ETABLISSEMENTS MAUREL ET PROM S.A., which in turn holds 120,400,000 shares of Seplat, representing 21.37% of its share capital.
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:	N/A
14. Contact name:	Mr Slamet Riadhy
15. Contact telephone number:	+ 62 21 52 90 12 61

 

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