Welcome!

News Feed Item

Heritage Oil Plc: Holding(s) in Company

LONDON, UNITED KINGDOM -- (Marketwired) -- 05/23/14 -- Heritage Oil Plc (the "Company") (LSE: HOIL) -

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES(i)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:(ii)

Heritage Oil Plc

2. Reason for the notification:

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:(iii)

London and Capital Asset Management Ltd

4. Full name of shareholder(s) (if different from 3):(iv)

BNP Nominees RE a/c Carey Pension 3253

5. Date of the transaction and date on which the threshold is crossed or reached:(v)

20 May 2014

6. Date on which issuer notified:

22 May 2014

7. Threshold(s) that is/are crossed or reached:(vi, vii)

4%

8. Notified details:


----------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
----------------------------------------------------------------------------
Class/type   Situation previous to Resulting situation after the triggering
of shares        the Triggering                   transaction
if possible       transaction
using the
ISIN CODE
             ---------------------------------------------------------------
              Number of  Number of
                 Shares     Voting Number of Number of voting  % of voting
                            Rights   shares       rights        rights (x)
                                  ------------------------------------------
                                    Indirect Direct Indirect Direct Indirect
                                             (xi)   (xii)
----------------------------------------------------------------------------
JE00B2Q4TN56 11,299,415 11,299,415 11,099,415                        3.9937%
----------------------------------------------------------------------------

----------------------------------------------------------------------------
B: Financial Instruments
----------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------
Type of      Expiration date Exercise/      Number of voting % of voting
financial    (xiii)          Conversion     rights that may  rights
instrument                   Period/ Date   be acquired if
                             (xiv)          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   % of voting rights
financial  price     date       Conversion  voting      (xix, xx)
instrument           (xvii)     period      rights
                                (xviii)     instrument
                                            refers to
----------------------------------------------------------------------------
                                                        Nominal   Delta
----------------------------------------------------------------------------

----------------------------------------------------------------------------

----------------------------------------------------------------------------
Total (A+B+C)
----------------------------------------------------------------------------
Number of voting rights               % of voting rights
----------------------------------------------------------------------------
11,099,415                            3.9937%
----------------------------------------------------------------------------

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:(xxi)

BNP Nominees RE a/c Carey Pension 3253

Proxy Voting:

10. Name of the proxy holder:

London and Capital Asset Management

11. Number of voting rights proxy holder will acquire:

12. Date on which proxy holder will acquire voting rights:

13. Additional information:

Based on total voting rights of 277,925,878

14. Contact name:

Dominic Crabb

15. Contact telephone number:

+44 (0) 20 7396 3200

Contacts:
Heritage Oil Plc
Paul Atherton
+44 (0)1534 835 400

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, will compare the Jevons Paradox to modern-day enterprise IT, e...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Whether they’re located in a public, private, or hybrid cloud environment, cloud technologies are constantly evolving. While the innovation is exciting, the end mission of delivering business value and rapidly producing incremental product features is paramount. In his session at @DevOpsSummit at 19th Cloud Expo, Kiran Chitturi, CTO Architect at Sungard AS, will discuss DevOps culture, its evolution of frameworks and technologies, and how it is achieving maturity. He will also cover various st...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
SYS-CON Events announced today that Secure Channels will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The bedrock of Secure Channels Technology is a uniquely modified and enhanced process based on superencipherment. Superencipherment is the process of encrypting an already encrypted message one or more times, either using the same or a different algorithm.
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?