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Offer details
Expected size of offer (M): Nil
Expected first date of trading: 11/10/2012
Market: AIM
Location of address at which admission document will be available: -
Date at which admission document will be available: -

Advisors
Sponsor: -
Nominated Advisor (AIM Companies): Davy
Nominated Broker (AIM Companies): Davy/Bank of America Merrill Lynch/Mirabaud Securities LLP

Company details
Name Role
Robert F M Adair Non-Executive Chairman
Brian O'Cathain Chief Executive Officer
Tom Hickey Chief Financial Officer
David Thomas Chief Operating Officer
James Agnew Senior Independent Director
Hugh McCutcheon Non-Executive Director and Deputy Chairman
Robert Arnott Non-Executive Director
Con Casey Non-Executive Director
Alan Parsley Non-Executive Director

Facts and Figures
Fiscal year end: 31 December
Incorporated in: Ireland
Website URL: www.petroceltic.ie
space
Description of business:
On 17 August 2012, the boards of Petroceltic International plc ("Petroceltic") and Melrose Resources plc ("Melrose") announced that they had reached an agreement on the terms of a recommended merger (the "Merger") of Petroceltic and Melrose (together the "Enlarged Company" or the "Enlarged Group"). The Merger will create a regionally focused North Africa, Mediterranean and Black Sea independent oi...

Person(s) interested:
The Directors are aware of the following interests in Petroceltic and Melrose, which at the date of this announcement would represent an interest in three per cent or more of the Enlarged Company’s share capital or voting rights and which may be notifiable under the AIM Rules or ESM Rules following the Merger becoming Effective and the Readmission occurring: Name of Shareholder Number of Existing Petroceltic Shares Percentage of Petroceltic issued share capital Percentage of Enlarged Company issued share capital following the Merger1 Henderson Global Investors 178,372,637 7.52% 4.06% Worldview Capital Management 154,766,685 6.53% 3.53% Note: 1 These figures assume no further Petroceltic or Melrose share are issued prior to the effective date other than in connection with the Merger. Name of Shareholder Number of Melrose Shares Percentage of Melrose issued share capital Number of Enlarged Company Shares following the Merger Percentage of Enlarged Company issued share capital following the Merger1 Robert F M Adair and Skye Investments Ltd2 58,431,929 50.95% 1,028,401,950 23.44% Caledonia Investments PLC 11,785,302 10.28% 207,421,315 4.73% Aberforth Partners 9,524,291 8.30% 167,627,522 3.82% Notes: 1 The number of Enlarged Company Shares following the Merger and the percentage of Enlarged Company issued share capital following the Merger has been calculated by multiplying the relevant Melrose Shareholder’s interest by the Exchange Ratio and dividing by the sum of the total number of Existing Petroceltic Shares plus an estimate of the total number of New Petroceltic Shares to be issued to Melrose Shareholders pursuant to the Merger. The actual number of Enlarged Company Shares following the Merger and the percentage of Enlarged Company issued share capital held by each Melrose Shareholder may differ to the above because as part of the Merger it has been agreed to round the fractional entitlements of Melrose Shareholders up. 2 Skye Investments Ltd is a connected company to Robert Adair.


Petroceltic International plc

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