Heritage Oil Plc
LSE : HOIL
TSX : HOC

Heritage Oil Plc

December 21, 2010 13:15 ET

Heritage Oil Plc (the "Company"): Holding(s) in Company

CALGARY, ALBERTA--(Marketwire - Dec. 21, 2010) - Heritage Oil Plc (TSX:HOC)(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

FMR LLC

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

FMR LLC is the parent holding company of Fidelity Management & Research Company (FMRCO), investment manager for US mutual funds, and FIL Management Trust Company (FMTC) and Pyramis Global Advisors Trust Company (PGATC), a US state chartered bank which acts as a trustee or investment manager of various pension and trust accounts and Pyramis Global Advisors LLC (PGALLC).

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

16 December 2010

6. Date on which issuer notified:

20 December 2010

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
JE00B2Q4TN56 13,820,345 13,820,345 14,595,571   14,595,571   5.07 %
               
               
               
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument Expiration date xiii Exercise/ Conversion Period/ Date 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 % of voting rights
14,595,571 5.07%

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

SHARES HELD NOMINEE MANAGEMENT COMPANY
225,200 BANK OF NEW YORK FMRCO
425,712 BROWN BROTHERS HARRIMAN AND CO FMR
491,835 BROWN BROTHERS HARRIMAN AND CO FMRCO
62,000 BROWN BROTHERS HARRIMAN AND CO PTC
286,000 CITIBANK NA FMRCO
154,444 JP MORGAN CHASE BANK FMR
9,459,928 JP MORGAN CHASE BANK FMRCO
135,727 JP MORGAN CHASE BANK FMR
116,000 MELLON BANK N.A FMRCO
102,900 MELLON BANK N.A. FMTC
94,200 MELLON BANK N.A. PTC
33,000 NORTHERN TRUST CO FMRCO
33,300 NORTHERN TRUST CO FMTC
181,200 STATE STREET BANK AND TR CO FMR
354,425 STATE STREET BANK AND TR CO FMRCO
527,916 STATE STREET BANK AND TR CO FMTC
112,600 STATE STREET BANK AND TR CO PTC
135,900 STATE STREET BANK AND TR CO PGATC
171,723 CIBC MELLON TRUST (C) FCL
311,242 CITIBANK NA (C) FMR
107,800 MELLON BANK NA (C) PTC
1,072,519 NORTHERN TRUST CO (C) FMR

Proxy Voting:

10. Name of the proxy holder:

FMR LLC

11. Number of voting rights proxy holder will acquire:

775,226

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

16 December 2010

13. Additional information:

Please note that 11,700 shares of the increase were due to an in-kind transfer

14. Contact name:

Shaheen Hussain

15. Contact telephone number:

fil-reporting@fil.com

01737 837149

Contact Information

  • Heritage Oil Plc
    Paul Atherton
    +44 1534 835 400