International Oil and Gas Tech Ltd Notification of Major Interest in Shares (7215D)

TIDMOGT
RNS Number : 7215D
International Oil and Gas Tech Ltd
01 April 2014
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying       INTERNATIONAL OIL AND GAS TECHNOLOGY 
  issuer                                            LIMITED 
  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                                            ü 
-------------------------------------------------------------------------------  -------------- 
 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                                Armstrong Investments Limited 
  to the 
  notification obligation: (iii) 
------------------------------------------  --------------------------------------------------- 
 4. Full name of shareholder(s)                                       Nortrust Nominees Limited 
  (if different from 3.):(iv) 
------------------------------------------  --------------------------------------------------- 
 5. Date of the transaction and date 
  on                                                                         25 March 2014 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ----------------------------------------------  --- 
 6. Date on which issuer notified:                                                 1 April 2014 
------------------------------------------  --------------------------------------------------- 
 7. Threshold(s) that is/are crossed                                                   Above 5% 
  or 
  reached: (vi, vii) 
------------------------------------------  --------------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type     Situation previous                    Resulting situation after the triggering 
 of              to the triggering                     transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  ------------------------------------  ------------------------------------------------------------------- 
                Number            Number              Number      Number of voting         % of voting rights 
                 of                of                 of shares    rights                   (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ------------------  ----------  -----------------------  ------------------------------ 
                                                      Direct      Direct        Indirect   Direct         Indirect 
                                                                   (xi)          (xii) 
-------------    -----  -------  ------  -----  ---  ----------  ------------  ---------  -------------  --------------- 
 PARTICIP RED 
 PREF SHS 
 USD1           340,000           4.25%               420,000     5.25%                    5.25% 
               ----------------  ------------------  ----------  ------------  ---------  -------------  --------------- 
 GG00B29Q2M88 
-------------    -----  -------  ------  -----  ---  --------    ----  ------  ---------      ---  ----     ------------ 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial       Expiration       Exercise/                     Number of voting            % of voting 
  instrument              date (xiii)      Conversion Period             rights that may             rights 
                                           (xiv)                         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 rights 
 financial         price           date (xvii)    Conversion       rights instrument            (xix, xx) 
 instrument                                       period           refers to 
                                                  (xviii) 
---------------  --------------  -------------  ---------------  ---------------------------  -------------------------- 
                                                                                               Nominal       Delta 
---------------  --------------  -------------  ---------------  ---------------------------  ------------  ------------ 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  --------------------------------------------------------- 
 420,000                                                        5.25% 
-------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
                             Nortrust Nominees for Armstrong Investments Limited 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                               N/A 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will                               N/A 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to                                N/A 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                         Mark Le Cras 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             01481 745708 
----------------------------------------  --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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