Predator Oil & Gas Holdings PLC (PRD) has disclosed a major shareholding notification filed on 27 October 2026, revealing that Paul Stanard Griffiths crossed a voting rights threshold on 26 October 2026. His holding fell from a previously notified 5.6961% to 4.6943%, dropping below the 5% disclosure threshold. The trigger was broker confirmation that delayed settlement shares would be fully paid and admitted for trading, altering the effective breakdown of voting rights in the company.

Key Points

  • Predator Oil & Gas Holdings PLC (PRD) — AIM-quoted oil and gas exploration company
  • Paul Stanard Griffiths' voting rights fell from 5.6961% to 4.6943%, crossing below the 5% major shareholding threshold
  • The threshold was crossed on 26 October 2026; the issuer was notified on 27 October 2026, with 50,281,671 shares held directly against a total of 1,071,104,857 voting rights
  • Investors should watch whether further threshold crossings occur as delayed settlement shares are progressively admitted to trading

Paul Stanard Griffiths Drops to 4.6943% as Delayed Settlement Shares Reach Admission

The TR-1 standard notification form confirms that Paul Stanard Griffiths now holds 50,281,671 voting rights directly in Predator Oil & Gas Holdings PLC, representing 4.6943% of the issuer's total voting rights. The previous notification stood at 5.6961%, meaning the percentage has decreased materially. The announcement states that the threshold crossing date was 26 October 2026, with the reason recorded as an event changing the breakdown of voting rights following broker confirmation that delayed settlement shares would be fully paid for and admitted for trading.

Total Voting Rights in Predator Oil & Gas Holdings Stand at Over 1.07 Billion Shares

The notification discloses that the total number of voting rights in Predator Oil & Gas Holdings PLC currently stands at 1,071,104,857. This figure provides the denominator against which all major shareholding percentages are calculated under DTR5 rules. Griffiths holds his interest entirely through direct voting rights attached to shares under Article 9 of Directive 2004/109/EC, with no financial instruments such as options or contracts for difference included in the notified position. The disclosure confirms he is not controlled by, nor does he control, any other undertaking holding an interest in the company.

Regulatory Disclosure Obligations Triggered Under UK DTR5 Major Shareholding Rules

Under UK Disclosure Guidance and Transparency Rules, shareholders must notify both the issuer and the Financial Conduct Authority when their voting rights cross certain percentage thresholds, including the 5% level. The notification was submitted in the prescribed TR-1 format and sent to Predator Oil & Gas Holdings PLC as required. The ISIN recorded for the relevant share class is JE00BFZ1D698, reflecting the company's Jersey incorporation. Investors monitoring the share register may note that movements in delayed settlement share admissions can mechanically alter reported percentage holdings without any open-market buying or selling activity occurring.

Predator Oil & Gas Holdings Operates Across Exploration Assets Including Trinidad and Morocco

Predator Oil & Gas Holdings PLC is an exploration-focused oil and gas company with operational interests spanning Trinidad and Morocco, among other jurisdictions. The company's business model centres on identifying and advancing early-stage hydrocarbon assets. Major shareholder movements of this nature are a routine feature of smaller exploration companies, where the share register can shift materially as new equity issuances dilute existing percentage holdings. Investors tracking PRD's register may continue to monitor subsequent TR-1 filings as the company progresses its exploration programme and any further capital markets activity takes place.