TIDMGED

RNS Number : 0529C

Global Energy Development PLC

11 March 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                           Global Energy Development 
  the underlying issuer                                  Plc 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------  --------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                      ü 
------------------------------------------------------  -------------------------- 
 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)                              FIL Limited 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s)                          Section 9 
  (if different from 3.):(iv) 
-----------------------------------------------------  --------------------------- 
 5. Date of the transaction                             10 March 2014 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------  --------------------------- 
 6. Date on which issuer                                11 March 2014 
  notified: 
-----------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                    5% 
-----------------------------------------------------  --------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                  Resulting situation after the 
  of             to the triggering                   triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ----------------------------------  ------------------------------------------------------------------- 
                Number            Number            Number          Number of                 % of voting 
                 of                of                of shares       voting                    rights (x) 
                 Shares            Voting                            rights 
                                   Rights 
-------------  ----------------  ----------------  --------------  ------------------------  ------------------------- 
                                                    Indirect        Direct     Indirect       Direct        Indirect 
                                                                    (xi)        (xii) 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 GB0031461949   1,879,718         1,879,718         1,779,718                  1,779,718                    4.92 
               ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                         Number of voting            % of voting 
 financial           date            Conversion                        rights that                 rights 
 instrument          (xiii)          Period (xiv)                      may be 
                                                                       acquired if 
                                                                       the 
                                                                       instrument 
                                                                       is 
                                                                       exercised/ 
                                                                       converted. 
-----------------  --------------  --------------------------------  --------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration      Exercise/         Number of voting            % of voting 
 financial         price          date            Conversion         rights instrument           rights (xix, 
 instrument                       (xvii)          period             refers to                   xx) 
                                                  (xviii) 
---------------  --------------  --------------  ----------------  --------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  --------------  --------------  ----------------  --------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 1,779,718                                            4.92% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------- 
 
    Sum of Factored 
     Shares Held 
    Custodian                 Day to Day IM             Total 
    JP MORGAN, BOURNEMOUTH    FII-FIL INVESTMENTS 
     (C)                       INTERNATIONAL              155,169 
     FILUK-FIL INVESTMENT 
      SERVICES (UK) LIMITED                             1,624,549 
    Grand Total                                         1,779,718 
   --------------------------------------------------  ---------- 
 
 Proxy Voting: 
------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                      FIL Limited 
-------------------------------------------------  ---------------------------- 
 11. Number of voting rights proxy 
  holder will dispose of:                           100,000 
-------------------------------------------------  ---------------------------- 
 12. Date on which proxy holder will                10 March 2013 
  dispose of voting rights: 
-------------------------------------------------  ---------------------------- 
 
                                                    None 
  13. Additional information: 
------------------------------------------------  ----------------------------- 
 14. Contact name:                                 Shelley Muller 
------------------------------------------------  ----------------------------- 
 15. Contact telephone number: 
                                                     fil-regreporting@fil.com, 
                                                     01737 837216 
------------------------------------------------  ----------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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