CALGARY, ALBERTA -- (Marketwire) -- 12/21/10 -- Heritage Oil Plc (TSX: HOC)(LSE: HOIL) -
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii
Heritage Oil Plc
2. Reason for the notification:
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation: iii
FMR LLC
4. Full name of shareholder(s) (if different from 3): iv
FMR LLC is the parent holding company of Fidelity Management & Research Company (FMRCO), investment manager for US mutual funds, and FIL Management Trust Company (FMTC) and Pyramis Global Advisors Trust Company (PGATC), a US state chartered bank which acts as a trustee or investment manager of various pension and trust accounts and Pyramis Global Advisors LLC (PGALLC).
5. Date of the transaction and date on which the threshold is crossed or reached: v
16 December 2010
6. Date on which issuer notified:
20 December 2010
7. Threshold(s) that is/are crossed or reached: vi, vii
5%
8. Notified details:
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A: Voting rights attached to shares viii,ix
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Class/type Situation previous Resulting situation after the triggering
of shares to the Triggering transaction
if transaction
possible ------------------------------------------------------------------
using Number of Number of Number of Number of voting % of voting
the ISIN Shares Voting shares rights rights x
CODE Rights
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Indirect Direct Indirect Direct Indirect
xi xii
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JE00B2Q4TN56
13,820,345 13,820,345 14,595,571 14,595,571 5.07 %
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B: Financial Instruments
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Resulting situation after the triggering transaction
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Type of Expiration Exercise/ Conversion Number of voting % of
financial date xiii Period/ Date xiv rights that may be voting
instrument acquired if the rights
instrument is
exercised/
converted.
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C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv,xvi
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Resulting situation after the triggering transaction
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Type of Exercise Expiration Exercise/ Number of % of voting
financial price date xvii Conversion voting rights xix,xx
instrument period xviii rights
instrument
refers to
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Nominal Delta
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Total (A+B+C)
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Number of voting rights % of voting rights
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14,595,571 5.07%
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
SHARES HELD NOMINEE MANAGEMENT COMPANY 225,200 BANK OF NEW YORK FMRCO 425,712 BROWN BROTHERS HARRIMAN AND CO FMR 491,835 BROWN BROTHERS HARRIMAN AND CO FMRCO 62,000 BROWN BROTHERS HARRIMAN AND CO PTC 286,000 CITIBANK NA FMRCO 154,444 JP MORGAN CHASE BANK FMR 9,459,928 JP MORGAN CHASE BANK FMRCO 135,727 JP MORGAN CHASE BANK FMR 116,000 MELLON BANK N.A FMRCO 102,900 MELLON BANK N.A. FMTC 94,200 MELLON BANK N.A. PTC 33,000 NORTHERN TRUST CO FMRCO 33,300 NORTHERN TRUST CO FMTC 181,200 STATE STREET BANK AND TR CO FMR 354,425 STATE STREET BANK AND TR CO FMRCO 527,916 STATE STREET BANK AND TR CO FMTC 112,600 STATE STREET BANK AND TR CO PTC 135,900 STATE STREET BANK AND TR CO PGATC 171,723 CIBC MELLON TRUST © FCL 311,242 CITIBANK NA © FMR 107,800 MELLON BANK NA © PTC 1,072,519 NORTHERN TRUST CO © FMR
Proxy Voting:
10. Name of the proxy holder:
FMR LLC
11. Number of voting rights proxy holder will acquire:
775,226
12. Date on which proxy holder will acquire voting rights:
16 December 2010
13. Additional information:
Please note that 11,700 shares of the increase were due to an in-kind transfer
14. Contact name:
Shaheen Hussain
15. Contact telephone number:
fil-reporting@fil.com
01737 837149
Contacts:
Heritage Oil Plc
Paul Atherton
+44 1534 835 400
