Northern Petroleum Plc
LSE : NOP

April 06, 2009 10:48 ET

Notification of Shareholding

For immediate release: 6 April 2009

                                        Northern Petroleum Plc
                                     ("Northern" or "the Company")
                                                   
                                     Notification of Shareholding


TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are
   attached:
   Northern Petroleum Plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):

   An acquisition or disposal of voting rights: (   )
   
   An acquisition or disposal of financial instruments which may result in the acquisition of shares
   already issued to which voting rights are attached: (    )
   
   An event changing the breakdown of voting rights: (    )
   
   Other (please specify): ( X  ) Sale of 25,000 shares
   
3. Full name of person(s) subject to the notification obligation:
   Majedie Asset Management Limited

4. Full name of shareholder(s) (if different from 3.):
   
   
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
   27/03/09

6. Date on which issuer notified:
   30/03/09

7. Threshold(s) that is/are crossed or reached:
   Below 5%

8. Notified details:
   .......



A: Voting rights attached to shares

Class/type of shares if possible           Situation previous to the Triggering transaction
using the ISIN CODE
                                         Number of shares               Number of voting Rights
                                                                                    
GB00B0D47T64                                 3,561,000                         3,561,000
                                                                   

Resulting situation after the triggering transaction

Class/type of shares if        Number of shares          Number of voting rights                % of voting rights
possible using the ISIN CODE                                                                    
                                 Direct                      Direct            Indirect            Direct       Indirect
                                                                                                                    
GB00B0D47T64                                                                   3,536,000                          4.97
                                                                                                                

B: Financial Instruments
Resulting situation after the triggering transaction

Type of          Expiration Date          Exercise/Conversion Period/  Number of voting rights that   % of voting rights
financial                                 Date                         may be acquired if the         
instrument                                                             instrument is exercised/       
                                                                       converted.                     
                                                                                                      
                                                                                                      

Total (A+B)
Number of voting rights        % of voting rights
                               
3,536,000                      4.97
                               

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

10. Name of the proxy holder:
   .......

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:
   Majedie  Asset  Management Ltd is a discretionary Fund Manager. It invests funds on behalf  of  its
   clients  on  a  segregated  basis as well as through its pooled investment  vehicle  Majedie  Asset
   Management Investment Fund Company.


14. Contact name:
   Chris Foss, Finance Director

15. Contact telephone number:
   020 7469 2900
                                                   
                                              ---ENDS---
                                                   
Notes to Editors:

Further information on Northern is available at www.northpet.com
                                                   

Contact Information

  • Northern Petroleum Plc