United Kingdom, 11 May 2015.
RAK Petroleum plc, the Oslo-listed oil and gas investment company, today announced that, as a result of recent changes to the make-up of its share capital, the following direct or indirect shareholders hold 3 percent or more of the voting rights in the Company as of 11 May 2015.
| Shareholder |
|Restricted Class A Shares||Class B Shares||Unrestricted Class A Shares|| Total |
| Votes |
|Al Majid Investment CO (L.L.C.)||-||-||30,000,000||30,000,000||4.97|
|Afaq Al Roya LLC||9,000,000||9,000,000||1,000,000||28,000,000||4.64|
|TransAsia Gas International LLC||9,000,000||9,000,000||1,000,000||28,000,000||4.64|
|Massar Investments LLC||6,750,000||6,750,000||750,000||21,000,000||3.48|
For further queries, please contact:
Kevin Toner, Managing Director
RAK Petroleum plc
About RAK Petroleum plc
RAK Petroleum plc is an Oslo Børs listed oil and gas investment company established under the laws of England and Wales as a public limited company. Its principal holdings are 40.45 percent of DNO ASA and 33.33 percent of Foxtrot International LDC held through Mondoil Enterprises, LLC.
DNO ASA is a Norwegian oil and gas operator active in the Middle East and North Africa. Shares in the company have traded on the Oslo Børs since 1981. DNO ASA is headquartered in Oslo and holds stakes in 19 licenses in six countries. Foxtrot International LDC is a privately-held company active in West Africa whose principal asset is a 27.27 percent interest in and operatorship of Block CI-27 offshore Côte d'Ivoire. Block CI-27 contains the two largest producing gas fields in the country, meeting some three-quarters of Côte d'Ivoire's needs.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.