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

FAROE PETROLEUM PLC

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 to the
notification obligation:
iii

FIL Limited

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

See Section 9

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

29 October 2014

6. Date on which issuer notified:

30 October 2014

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

5%



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

Indirect

Direct xi

Indirect xii

Direct

Indirect

GB0033032904

13,316,028

13,316,028

13,559,330


13,559,330


5.07



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

13,559,330

5.07



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




Custodian

Advisor

Total

BROWN BROS HARRIMN LTD LUX (C)

FFML-FIL FUND MANAGEMENT LIMITED

2,785,711

BROWN BROTHERS HARRIMAN AND CO

FIJ-FIL INVESTMENTS (JAPAN) LTD

333,758

CACEIS BANK PARIS (C)

FG-FIL GESTION

440,417

JP MORGAN, BOURNEMOUTH (C)

FII-FIL INVESTMENTS INTERNATIONAL

1,547,009


FILUK-FIL INVESTMENT SERVICES (UK) LIMITED

8,452,435

Grand Total


13,559,330


Proxy Voting:

10. Name of the proxy holder:

FIL Limited

11. Number of voting rights proxy holder will acquire:

243,302

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

29 October 2014



13. Additional information:


None

14. Contact name:

Nathan Ashworth

15. Contact telephone number:

fil-regreporting@fil.com, 01737 837216


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