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(RNS) 2009-08-28 16:02
Baltic Oil Terminals - Holding(s) in Company
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RNS Number : 2337Y Baltic Oil Terminals Plc 28 August 2009

Baltic Oil Terminals PLC

Disclosure of Holdings

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


1. Identity of the issuer or Baltic Oil Terminals PLC

the underlying issuer of existing shares to which voting rights are attached:

2. Reason for the Notification -(please tick the appropriate box or boxes)


An acquisition or disposal of voting rights yes
An acquisition or disposal of qualifying financial no

instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with no

similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights no
Other (please specify): no
3. Full name of person(s) RAB CAPITAL PLC ACTING AS DISCRETIONARY
subject to the notification MANAGER OF RAB SPECIAL SITUATIONS (MASTER)
obligation: FUND LIMITED AND RAB ENERGY FUND LIMITED

4. Full name of shareholder(s) CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED (if different from 3.):


5. Date of the transaction 25 August 2009

(and date on which the threshold is crossed or reached):


6. Date on which issuer 26 August 2009

notified:


7. Threshold(s) that is/are 13%, 12%, 11%

crossed or reached

8. Notified details:

A: Voting rights attached to shares
Class/type of shares Situation previous to the Triggering Resulting situation after the triggering transaction
transaction

If possible using the ISIN

CODE


Number of Shares Number of Voting Number of shares Number of voting % of voting
Rights rights rights
Direct Direct Indirect Direct Indirect
GB00B12V3082 8,335,052 8,335,052 n/a n/a 6,165,052 n/a 10.8%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial instrument Expiration date Exercise / Number of voting % of voting rights
Conversion Period / rights that may be
Date acquired if the
instrument is
exercised /
converted.

  • Below 3% Below 3%

    C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

    Resulting situation after the triggering transaction
    Type of financial instrument Exercise price Expiration date Exercise/ Conversion Number of voting % of voting rights
    period rights instrument
    refers to
    Nominal Delta

    Total (A+B)

    Number of voting rights % of voting rights


    6,165,052 10.8%

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

    RAB Capital plc acts as investment manager for RAB SPECIAL SITUATIONS (MASTER) FUND LIMITED and RAB ENERGY FUND LIMITED. RAB Capital plc does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED.


    28 August 2009

    Enquiries:

    Baltic Oil Terminals plc
    Simon Escott +44(0) 20 7034 7030

    Pelham PR
    Archie Berens +44(0) 207 337 1509

    This information is provided by RNS The company news service from the London Stock Exchange

    END

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