Heritage Oil Plc
LSE : HOIL
TSX : HOC

Heritage Oil Plc

January 11, 2011 13:15 ET

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

CALGARY, ALBERTA--(Marketwire - Jan. 11, 2011) - Heritage Oil Plc (TSX:HOC)(LSE:HOIL) -

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARESi

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 event changing the breakdown of voting rights

3. Full name of person(s) subject to the notification obligation:iii

Lansdowne Partners Limited being the General Partner of Lansdowne Partners Limited Partnership

Lansdowne Partners International Limited

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

Morstan Nominees Ltd (Registered Shareholder)

HSBC Client Holdings UK Limited

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

7 January 2011

6. Date on which issuer notified:

10 January 2011

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

10%

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 28,776,161 28,776,161     28,498,394   9.90%
 
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
28,498,394 9.90%

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

Lansdowne Partners International Limited is the parent undertaking of Lansdowne Partners Limited.

Proxy Voting:

10. Name of the proxy holder:

Lansdowne Partners Limited.

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

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

13. Additional information:

Based on total voting rights of 287,866,938 as at 7 January 2011

14. Contact name:

Johanna Stohr

15. Contact telephone number:

+44 (0)20 7290 5500

Contact Information

  • Heritage Oil Plc
    Paul Atherton
    +44 (0)1534 835 400