PROS - Notification of Major Interest
9/6/2012 1:14 PM EST
PROS - Notification of Major Interest
Luxembourg, 6 September 2012: - Prospector Offshore
Drilling S.A. (the "Company", "PROS"). Pursuant to the
Luxembourg law of 11 January 2008 on transparency
requirements the Company has received on 5 September
2012 a notification of disposal of major interest, as
follows:
-Full name of person(s) subject to the notification
obligation: The Goldman Sachs Group, Inc.
-Full name of the shareholders: Goldman Sachs
Investment Strategies L.L.C.
-Reason for the notification: an acquisition or
disposal of voting rights
-Date of the transaction and date on which the
threshold is crossed or reached: 30 August 2012
-Threshold(s) that is/are crossed or reached: 10%
-Situation previous to the triggering transaction:
Number of voting rights: 7,909,000
-Resulting situation after the triggering transaction:
Number of voting rights: Direct: nil; indirect: 4,760,860
% of voting rights: Direct: nil; indirect: 8.45%
-Financial Instruments total: nil.
-Chain of controlled undertakings through which the
voting rights and/or the financial instruments are
effectively held, if applicable:
The interest in 4,760,860 shares of the Company is
held by Goldman Sachs Investment Strategies LLC., a
wholly owned subsidiary of Goldman Sachs Group, Inc.
acting as discretionary manager.
About the PROS:
PROS is a high specification jack-up drilling
contractor. PROS currently has contracts in place for
the design, construction and delivery of six F&G
JU2000E high specification, harsh environment (HS/HE)
jack-up drilling rigs with deliveries commencing in
the first quarter of 2013. PROS has option agreements
for six additional rigs of the same design. Upon
deployment, PROS, under its proven management team,
will have the newest fleet of HS/HE jack-up rigs in
the world, operating with the most advanced drilling
systems available in the industry.
This press release contains forward-looking statements
that involve risks and uncertainties. You are
cautioned not to put undue reliance on forward-looking
statements because actual events and results may
differ materially from the expected results described
by such forward-looking statements. Prospector
Offshore Drilling S.A. disclaims any obligation to
update and revise any forward-looking statements,
whether as a result of new information, future events
or otherwise.
Contact:
Steven A. Manz
Chief Financial Officer
Prospector Offshore Drilling S.A.
Tel: +1 281 560 8010
This announcement may include forward-looking
statements that involve risks and uncertainties. You
are cautioned not to put undue reliance on
forward-looking statements because actual events and
results may differ materially from the expected
results described by such forward-looking statements.
Prospector Offshore Drilling S.A. disclaims any
obligation to update and revise any forward-looking
statements, whether as a result of new information,
future events or otherwise.