Tethys Petroleum Limited - TPL
TR-1: Notification of Major Interest in Shares
Released 11:40 03-Dec-2015
FOR: TETHYS PETROLEUM LIMITED
TSX, LSE SYMBOL: TPL
December 3, 2015
-------------------------------------------
For filings with the FCA include the annex
For filings with issuer exclude the annex
-------------------------------------------
---------------------------------------------------------------------------
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
---------------------------------------------------------------------------
---------------------------------------------------------------------------
1. Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached:(ii)
Tethys Petroleum Ltd
---------------------------------------------------------------------------
2 Reason for the notification (please tick the appropriate box or boxes):
---------------------------------------------------------------------------
An acquisition or disposal of voting rights
------------------------------------------------------------------
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): Disclosure pursuant
to implementation of Amended Transparency Directive X
------------------------------------------------------------------
3. Full name of person(s) subject to the notification obligation:(iii)
JPMorgan Asset Management Holdings Inc.
---------------------------------------------------------------------------
4. Full name of shareholder(s) (if different from 3.):(iv)
JPMorgan Asset Management (UK) Limited
J.P. Morgan Investment Management Inc.
---------------------------------------------------------------------------
5. Date of the transaction and date on which the threshold is crossed
or reached:(v)
26 November 2015
---------------------------------------------------------------------------
6. Date on which issuer notified:
01 December 2015
---------------------------------------------------------------------------
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 Situation previous
using the to the triggering Resulting situation after the triggering
ISIN CODE transaction transaction
--------------------------------------------------------------
Number Number of Number of Number of voting % of voting
of Voting shares rights rights (x)
Shares Rights
-------------------------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
---------------------------------------------------------------------------
KYG876361091 N/A N/A 21,658,579 6.43%
---------------------------------------------------------------------------
---------------------------------------------------------------------------
B: Qualifying Financial Instruments
---------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------
Type of Expiration Exercise/ Number of % of voting
financial date(xiii) Conversion voting rights rights
instrument Period(xiv) that may be
acquired if
the instrument
is exercised/
converted.
---------------------------------------------------------------------------
---------------------------------------------------------------------------
---------------------------------------------------------------------------
C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments (xv, xvi)
---------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of % of voting rights
financial price date Conversion voting (xix, xx)
instrument (xvii) period rights
(xviii) instrument
refers to
---------------------------------------------------------------------------
Nominal Delta
--------------------
---------------------------------------------------------------------------
Total (A+B+C)
---------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------------------------------
21,658,579 6.43%
---------------------------------------------------------------------------
---------------------------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable:(xxi)
---------------------------------------------------------------------------
Total disclosable holding for JPMorgan Asset Management Holdings Inc :
21,658,579 (6.43%)
Direct: JPMorgan Asset Management (UK) Limited : 21,236,279 (6.31%)
Direct: J.P. Morgan Investment Management Inc.
Chain of control:
JPMorgan Asset Management Holdings Inc. (100%)
J.P. Morgan Investment Management Inc. (100%)
JPMorgan Asset Management Holdings Inc. (100%)
JPMorgan Asset Management International Limited (100%)
JPMorgan Asset Management Holdings (UK) Limited (100%)
JPMorgan Asset Management (UK) Limited (100%)
---------------------------------------------------------------------------
---------------------------------------------------------------------------
Proxy Voting:
---------------------------------------------------------------------------
10. Name of the proxy holder: N/A
---------------------------------------------------------------------------
11. Number of voting rights proxy holder will cease to hold: N/A
---------------------------------------------------------------------------
12. Date on which proxy holder will cease to hold voting rights: N/A
---------------------------------------------------------------------------
---------------------------------------------------------------------------
13. Additional information: This notification is made pursuant to
the implementation of the Amended
Transparency Directive and is not
necessarily the result of a
transaction.
---------------------------------------------------------------------------
14. Contact name: Evangelos Galiatsatos
---------------------------------------------------------------------------
15. Contact telephone number: 020 7742 6148
---------------------------------------------------------------------------
