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 |
PREMIER OIL PLC |
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 |
X |
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
X |
An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: iii |
Bank of America Corporation |
4. Full name of shareholder(s) (if different from 3.):iv |
Bank of America National Association Merrill Lynch International |
5. Date of the transaction and date on which the threshold is crossed or reached: v |
28th February 2017 |
6. Date on which issuer notified: |
2nd March 2017 |
7. Threshold(s) that is/are crossed or reached: vi, vii |
Above 7% |
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 |
GB00B43G0577 |
9,853,670 |
9,853,670 |
0 |
0 |
15,292,652 |
0 |
2.994% |
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 |
Right to Recall Securities |
N/A |
N/A |
227,410 |
0.045% |
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 / Convers ion period xviii |
Number of voting rights instrument refers to |
% of voting rights xix, xx |
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Nominal |
Delta |
Swaps |
N/A |
21-Jul-2017 |
N/A |
400,000 |
0.078% |
0.078% |
Swaps |
N/A |
07-Aug-2017 |
N/A |
12,000,000 |
2.349% |
2.349% |
Swaps |
N/A |
15-Sep-2017 |
N/A |
48,866 |
0.010% |
0.010% |
Swaps |
N/A |
31-Oct-2017 |
N/A |
62,763 |
0.012% |
0.012% |
Swaps |
N/A |
06-Dec-2017 |
N/A |
1,000,000 |
0.196% |
0.196% |
Swaps |
N/A |
29-Dec-2017 |
N/A |
178,534 |
0.035% |
0.035% |
Swaps |
N/A |
11-Jan-2018 |
N/A |
1,236,015 |
0.242% |
0.242% |
Swaps |
N/A |
22-Feb-2018 |
N/A |
5,604,945 |
1.097% |
1.097% |
Swaps |
N/A |
23-Feb-2018 |
N/A |
475,078 |
0.093% |
0.093% |
Swaps |
N/A |
26-Feb-2018 |
N/A |
919,977 |
0.180% |
0.180% |
Swaps |
N/A |
16-May-2018 |
N/A |
22,056 |
0.004% |
0.004% |
Total (A+B+C) |
Number of voting rights |
Percentage of voting rights |
37,468,296 |
7.335% |
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi |
Merrill Lynch International - Above trading book exemption threshold Voting Rights % Bank of America National Association 6,000,000 1.175% Merrill Lynch International 31,468,296 6.160% Total 37,468,296 7.335% |
Proxy Voting: |
10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
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14. Contact name: |
Harshini Gopa |
15. Contact telephone number: |
0207 996 3410 |
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