TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Cadogan Petroleum plc |
2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
YES |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
NO |
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An event changing the breakdown of voting rights |
NO |
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Other (please specify): |
|
NO |
3. Full name of person(s) subject to the notification obligation: |
Ingalls & Snyder LLC ('I&S) |
4. Full name of shareholder(s) (if different from 3.): |
I&S, on behalf of its clients, has dispositive authority over (i.e. the power and authorisation to sell at I&S's discretion) 1,666,666 shares. |
5. Date of the transaction and date on which the threshold is crossed or reached: |
9 July 2009 |
6. Date on which issuer notified: |
13 July 2009 |
7. Threshold(s) that is/are crossed or reached: |
Interest in less than 3% of issued share capital. |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
|
Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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|
Direct |
Indirect |
Direct |
Indirect |
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GB00B12WC938 |
7,333,333 |
- |
1,666,666 |
1,666,666 |
- |
0.07% |
- |
|
B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
|
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights |
|
|
|
|
|
|
Nominal |
Delta |
|
|
Total (A+B+C) |
|
Number of voting rights |
Percentage of voting rights |
1,666,666 |
0.07% |
9. Chain of controlled undertakings through which the voting rights and/or the |
N/A |
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: |
Stefan Bort |
15. Contact telephone number: |
0207 245 0801 |