SAR 3 - Global Energy Dev.
September 15 2005 - 1:00PM
UK Regulatory
RNS Number:3418R
Global Energy Development PLC
15 September 2005
FORM SAR3
DISCLOSURE OF ACQUISITIONS
(Rule 3 of The Rules Governing Substantial Acquisitions of Shares)
+-------------------------------------+--------------------------------------------------+
|Name of acquirer | LYFORD INVESTMENTS ENTERPRISES LTD.|
+-------------------------------------+--------------------------------------------------+
|Beneficial owner, if different from | |
|above | |
| | |
| | |
| | |
| | |
+-------------------------------------+--------------------------------------------------+
|Names of any other persons acting by | |
|agreement or understanding (see SAR | |
|5) | |
+-------------------------------------+--------------------------------------------------+
|Company dealt in | GLOBAL ENERGY DEVELOPMENT PLC|
| | |
+-------------------------------------+--------------------------------------------------+
|Class of voting shares (eg ordinary | ORDINARY SHARES|
|shares) | |
| | |
+-------------------------------------+--------------------------------------------------+
|Date of acquisition | 15 SEPTEMBER 2005|
| | |
+-------------------------------------+--------------------------------------------------+
+-------------------------------------+--------------------------------------------------+
|Number of shares acquired | SEVEN MILLION (7,000,000 )|
| | |
+-------------------------------------+--------------------------------------------------+
|Number of rights over shares acquired| |
|# | |
+-------------------------------------+--------------------------------------------------+
|Nature of rights over shares | |
+-------------------------------------+--------------------------------------------------+
+-------------------------------------+--------------------------------------------------+
|Total holding of voting shares (and | SEVEN MILLION (7,000,000)|
|percentage of total voting shares in | |
|issue) | 19.9% OF TOTAL VOTING SHARES IN ISSUE|
| | |
+-------------------------------------+--------------------------------------------------+
|Total holding of rights over shares | |
|(and percentage of total voting | |
|shares in issue) | |
| | |
+-------------------------------------+--------------------------------------------------+
|Combined total holding (and | SEVEN MILLION (7,000,000)|
|percentage) of voting shares and | |
|rights over shares | 19.9% OF TOTAL VOTING SHARES IN ISSUE|
| | |
+-------------------------------------+--------------------------------------------------+
+-------------------------------------+--------------------------------------------------+
|Date of disclosure | 15 SEPTEMBER 2005|
| | |
+-------------------------------------+--------------------------------------------------+
|Contact name | JULIE BIDO|
| | |
+-------------------------------------+--------------------------------------------------+
|Telephone number | 001 212-231-3906|
| | |
+-------------------------------------+--------------------------------------------------+
# See the definition of "rights over shares" in the Definitions Section of the
SARs.
For details of the SARs disclosure requirements, see SARs 3 and 5 and their
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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