REG-Baltic Oil Terminals Holding(s) in Company

Released: 28/08/2009

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20090828:Rnsb2337Y
                                                                                                                       .
RNS Number : 2337Y  
  
Baltic Oil Terminals Plc  
  
28 August 2009  
  
Baltic Oil Terminals PLC  
  
Disclosure of Holdings  
  
 
  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                                                                
                                                                                                                                
                                                                                                                                
  1. Identity of the issuer or the underlying issuer of         Baltic Oil Terminals PLC                                        
  existing shares to which voting rights are attached:                                                                          
                                                                                                                                
  2. Reason for the Notification-(please tick the appropriate box or boxes)                                                     
                                                                                                                                
  An acquisition or disposal of voting rights                                                     yes                           
                                                                                                                                
  An acquisition or disposal of qualifying financial instruments which may result in the          no                            
  acquisition of shares already issued to which voting rights are attached                                                      
                                                                                                                                
  An acquisition or disposal of instruments with similar economic effect to qualifying financial  no                            
  instruments                                                                                                                   
                                                                                                                                
  An event changing the breakdown of voting rights                                                no                            
                                                                                                                                
  Other (please specify):                                                                         no                            
                                                                                                                                
  3. Full name of person(s) subject to the notification         RAB CAPITAL PLC ACTING AS DISCRETIONARY MANAGER OF RAB SPECIAL  
  obligation:                                                   SITUATIONS (MASTER) FUND LIMITED AND RAB ENERGY FUND LIMITED    
                                                                                                                                
  4. Full name of shareholder(s) (if different from 3.):        CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED                      
                                                                                                                                
  5. Date of the transaction (and date on which the threshold   25 August 2009                                                  
  is crossed or reached):                                                                                                       
                                                                                                                                
  6. Date on which issuer notified:                             26 August 2009                                                  
                                                                                                                                
  7. Threshold(s) that is/are crossed or reached                13%, 12%, 11%                                                   
                                                                                                                                
  8. Notified details:                                                                                                          
  
  
 
  A: Voting rights attached to shares                                                                                                                              
  Class/type of shares               Situation previous to the Triggering transaction      Resulting situation after the triggering transaction                    
                                                                                                                                                                   
  If possible using the ISIN CODE                                                                                                                                  
                                     Number of Shares           Number of Voting Rights    Number of shares   Number of voting rights     % of voting rights       
                                                                                           Direct             Direct        Indirect      Direct       Indirect    
                                                                                                                                                                   
  GB00B12V3082                       8,335,052                  8,335,052                  n/a                n/a           6,165,052     n/a          10.8%       
  
  
 
  B: Qualifying Financial Instruments                                                                                                                              
                                                                                                                                                                   
  Resulting situation after the triggering transaction                                                                                                             
  Type of financial instrument   Expiration date   Exercise / Conversion Period / Date   Number of voting rights that may be acquired if the   % of voting rights  
                                                                                         instrument is exercised / converted.                                      
  -                                                                                      Below 3%                                              Below 3%            
  
  
 
  C: Financial Instruments with similar economic effect to Qualifying Financial Instruments                                                                             
                                                                                                                                                                        
  Resulting situation after the triggering transaction                                                                                                                  
  Type of financial instrument   Exercise price   Expiration date   Exercise/ Conversion period   Number of voting rights instrument refers to   % of voting rights     
                                                                                                                                                 Nominal     Delta      
                                                                                                                                                                        
                                                                                                                                                                        
  
  
 
  Total (A+B)                                    
                                                 
  Number of voting rights    % of voting rights  
                                                 
  6,165,052                  10.8%               
  
  
 
  9. Chain of controlled undertakings through which the     
  voting rights and/or the financial instruments are        
  effectively held, if applicable:                          
                                                            
                                                            
  RAB Capital plc acts as investment manager for RAB        
  SPECIAL SITUATIONS (MASTER) FUND LIMITED and RAB ENERGY   
  FUND LIMITED. RAB Capital plc does not act as custodian   
  for its clients and therefore the shares are held in the  
  nominee name of the custodian of its clients, which is    
  CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED.               
  
  
 
                             28 August 2009       
  Enquiries:                                      
                                                  
  Baltic Oil Terminals plc                        
  Simon Escott               +44(0) 20 7034 7030  
                                                  
  Pelham PR                                       
  Archie Berens              +44(0) 207 3371509   
  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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