Home About Chemoil Our Business Newsroom Investor Relations Careers Resource Center Contact Us Customers / Brokers
Chemoil News
Press Releases
SGX Announcements
Media Contacts
Email Alerts

Email This Print This News



Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackJan 14, 2008
>> PART I
 
1. Date of notice to issuer * 11-01-2008  
 
2. Name of Substantial Shareholder * ANDORRA SERVICES LIMITED 
 
3. Please tick one or more appropriate box(es): *
 
  • Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]
    •  
     
    >> PART II
     
    1. Date of change of [Select Option]  
     
    2. Name of Registered Holder  
     
    3. Circumstance(s) giving rise to the interest or change in interest [Select Option]  
      # Please specify details
       
     
    4. Information relating to shares held in the name of the Registered Holder
     
    No. of [Select Option] held before the change  
    As a percentage of issued share capital %
     
    No. of N.A. which are subject of this notice  
    As a percentage of issued share capital %
     
    Amount of consideration (excluding brokerage and stamp duties) per share paid or received  
     
    No. of N.A. held after the change  
    As a percentage of issued share capital %
     
     
    >> PART III
     
    1. Date of change of Interest 11-01-2008  
     
    2. The change in the percentage level From 8.00 % To 8.31 %
     
    3. Circumstance(s) giving rise to the interest or change in interest # Others  
      # Please specify details
    Pursuant to the maturity of a seller's put option  
     
    4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:
    THE CHANGE IN THE PERCENTAGE LEVEL IS THE RESULT OF A SINGLE TRANSACTION.  
     
     
    >> PART IV
     
    1. Holdings of Substantial Shareholder , including direct and deemed interest :
     
    Direct
    Deemed
    No. of shares held before the change 103,416,000   0  
    As a percentage of issued share capital 8.00 % 0 %
    No. of shares held after the change 107,388,194   0  
    As a percentage of issued share capital 8.31 % 0 %
     
    Footnotes
    1. THE ABOVE PERCENTAGE ARE COMPUTED BASED ON 1,292,612,000 ISSUED SHARES AS AT 11.01.2008.

    2. THE INITIAL PUBLIC OFFERING OF THE SHARES IN CHEMOIL ENERGY LIMITED WAS SPONSORED BY J.P. MORGAN (S.E.A) LIMITED AND UBS AG, ACTING THROUGH ITS BUSINESS GROUP, UBS INVESTMENT BANK.