Lekoil Ltd (LEK)

 

LSE:LEK: Holding(s) in Company

Lekoil Ltd

20 Oct 2016 08:25:57

Lekoil Limited

RNS Number : 0490N
Lekoil Limited
20 October 2016
 

 


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

Lekoil Limited

ISIN: KYG5462G1073

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) subject to the
notification obligation:
iii

Baron Capital Group, Inc. ("BCG")

BAMCO, Inc. ("BAMCO")

Baron Capital Management, Inc. ("BCM")

Ronald Baron

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

N/A

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

17.10.16

6. Date on which issuer notified:

19.10.16

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

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

KYG5462G1073

29,994,463

29,994,463

36,924,463

36,924,463

N/A

7.56%

N/A



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







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/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 






Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

36,924,463

7.56%

 

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

 

BCG, BAMCO and BCM are New York corporations. Ronald Baron is a citizen of the United States. BAMCO and BCM are subsidiaries of BCG. Ronald Baron owns a controlling interest in BCG. The advisory clients of BAMCO and BCM have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Issuer's common stock in their accounts. To the best of the Filing Persons' knowledge, no such person has such interest relating to more than 7% of the outstanding class of securities.


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease
to hold:

N/A

12. Date on which proxy holder will cease to hold
voting rights:

N/A



13. Additional information:

N/A

14. Contact name:

Patrick M. Patalino

15. Contact telephone number:

+001 (212) 583-2119

 


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