Global Energy Development PLC Holding(s) in Company (5989F)
April 28 2014 - 2:01AM
UK Regulatory
TIDMGED
RNS Number : 5989F
Global Energy Development PLC
28 April 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 X
-------------------------------------------------------------- --------------------------
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) HKN, INC.
subject to the
notification obligation:
iii
--------------------------------------------------------- -------------------------------
4. Full name of shareholder(s)
(if different from 3.):iv
--------------------------------------------------------- -------------------------------
5. Date of the transaction 24 APRIL 2014
and date on
which the threshold is
crossed or
reached: v
--------------------------------------------------------- -------------------------------
6. Date on which issuer 25 APRIL 2014
notified:
--------------------------------------------------------- -------------------------------
7. Threshold(s) that is/are 34.51%-35.00%
crossed or
reached: vi, vii
--------------------------------------------------------- -------------------------------
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
----------- --------------- ---------------- -------------- --------------------------- -------------------------
Direct Direct Indirect Direct Indirect
xi xii
----------- ----------- ------------ -------------- ------------- ------------ ------------ -----------
1p
ordinary
shares 12,461,768 12,461,768 12,639,768 12,639,768 35.00%
--------------- ---------------- -------------- ------------- ------------ ------------ -----------
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
------------------------------------------------ --------------------------------------------------------------------
12,639,768 35.00%
------------------------------------------------ --------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
xxi
-------------------------------------------------------------------------------------------
HKN, Inc. is a direct holder of the shares.
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:
------------------------------------------------------------ -----------------------------
14. Contact name: Sarah Gasch, Executive V/P
and CFO
------------------------------------------------------------ -----------------------------
15. Contact telephone number: (817) 424-2424 USA
------------------------------------------------------------ -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLEANLSAEDLEFF
Global Energy Development (LSE:GED)
Historical Stock Chart
From May 2024 to Jun 2024
Global Energy Development (LSE:GED)
Historical Stock Chart
From Jun 2023 to Jun 2024
