TIDMQOGT 
 
RNS Number : 7053H 
Quorum Oil and Gas Tech. Fund Ld 
25 February 2010 
 

 
+--------------------------------------+ 
|                                      | 
+--------------------------------------+ 
|                                      | 
+--------------------------------------+ 
 
 
+-----------------------------------------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                              | 
+-----------------------------------------------------------------------------+ 
 
+------------------------------------+------------------------------+ 
| 1. Identity of the issuer or the   |                              | 
| underlying issuer of existing      | Quorum Oil & Gas Technology  | 
| shares to which voting rights are  |                              | 
| attached:                          |                              | 
+------------------------------------+------------------------------+ 
 
+----------------+------------------------------------+------------------+ 
| 2 Reason for the notification (please tick the appropriate box or      | 
| boxes):                                                                | 
+------------------------------------------------------------------------+ 
|                                                     |                  | 
| An acquisition or disposal of voting rights         |       Yes        | 
+-----------------------------------------------------+------------------+ 
|                                                     |                  | 
| An acquisition or disposal of qualifying financial  |                  | 
| instruments which may result in the acquisition of  |                  | 
| shares already issued to which voting rights are    |                  | 
| attached                                            |                  | 
+-----------------------------------------------------+------------------+ 
|                                                     |                  | 
| An acquisition or disposal of instruments with      |                  | 
| similar economic effect to qualifying financial     |                  | 
| instruments                                         |                  | 
+-----------------------------------------------------+------------------+ 
|                                                     |                  | 
| An event changing the breakdown of voting rights    |                  | 
+-----------------------------------------------------+------------------+ 
|                |                                    |                  | 
| Other (please  |                                    |                  | 
| specify):      |                                    |                  | 
+----------------+------------------------------------+------------------+ 
|                |                                    |                  | 
+----------------+------------------------------------+------------------+ 
 
+------------------------------------+------------------------------+ 
| 3. Full name of person(s) subject  |                              | 
| to the notification obligation:    |    Baillie Gifford & Co      | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 4. Full name of shareholder(s) (if |                              | 
| different from 3.):                |                              | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 5. Date of the transaction and     |          24-Feb-10           | 
| date on which the threshold is     |                              | 
| crossed or reached:                |                              | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 6. Date on which issuer notified:  |                              | 
|                                    |          25-Feb-10           | 
+------------------------------------+------------------------------+ 
| 7. Threshold(s) that is/are        |                              | 
| crossed or reached:                |             15%              | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
 
+--------------+-----------+--------+-----------+--------+----------+--------+----------+ 
| 8. Notified details:                                                                  | 
+---------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                   | 
|                                                                                       | 
+---------------------------------------------------------------------------------------+ 
| Class/type   | Situation          | Resulting situation after the                     | 
| of           | previous           | triggering transaction                            | 
| shares       | to the             |                                                   | 
| if           | triggering         |                                                   | 
| possible     | transaction        |                                                   | 
| using        |                    |                                                   | 
| the ISIN     |                    |                                                   | 
| CODE         |                    |                                                   | 
+              +--------------------+---------------------------------------------------+ 
|              | Number    | Number | Number    | Number of         | % of  voting      | 
|              | of        | of     | of        | voting            | rights            | 
|              | Shares    | Voting | shares    | rights            |                   | 
|              |           | Rights |           |                   |                   | 
+              +           +        +-----------+-------------------+-------------------+ 
|              |           |        | Direct    | Direct | Indirect | Direct | Indirect | 
+--------------+-----------+--------+-----------+--------+----------+--------+----------+ 
| Ordinary     |           |        |           |        |          |        |          | 
| Share        |           |        |           |        |          |        |          | 
| GG00B29Q2M88 | 1050000   | 14.61  | 1150000   |        | 1150000  |        | 15.18    | 
|              |           |        |           |        |          |        |          | 
+--------------+           +        +           +        +          +        +          + 
|              |           |        |           |        |          |        |          | 
+--------------+-----------+--------+-----------+--------+----------+--------+----------+ 
 
+-----------------+------------+----------------+-----------------+-------------+ 
| B: Qualifying Financial Instruments                                           | 
+-------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                          | 
|                                                                               | 
+-------------------------------------------------------------------------------+ 
| Type of         | Expiration | Exercise/      | Number of       | % of voting | 
| financial       | date       | Conversion     | voting          | rights      | 
| instrument      |            | Period         | rights that may |             | 
|                 |            |                | be              |             | 
|                 |            |                | acquired if the |             | 
|                 |            |                | instrument is   |             | 
|                 |            |                | exercised/      |             | 
|                 |            |                | converted.      |             | 
|                 |            |                |                 |             | 
+-----------------+------------+----------------+-----------------+-------------+ 
|  N/A            |            |                |                 |             | 
+-----------------+------------+----------------+-----------------+-------------+ 
 
+------------+----------+------------+------------+-------------+------------+-------+ 
| C: Financial Instruments with similar economic effect to                           | 
| Qualifying Financial Instruments                                                   | 
+------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                               | 
|                                                                                    | 
+------------------------------------------------------------------------------------+ 
| Type of    | Exercise | Expiration | Exercise/  | Number of   | % of               | 
| financial  | price    | date       | Conversion | voting      | voting             | 
| instrument |          |            | period     | rights      | rights             | 
|            |          |            |            | instrument  |                    | 
|            |          |            |            | refers to   |                    | 
+------------+----------+------------+------------+-------------+--------------------+ 
| N/A        |          |            |            |             |  Nominal   |Delta  | 
|            |          |            |            |             |            |       | 
+            +          +            +            +             +------------+-------+ 
|            |          |            |            |             |            |       | 
+------------+----------+------------+------------+-------------+------------+-------+ 
 
+------------------------------------+------------------------------+ 
| Total (A+B+C)                                                     | 
|                                                                   | 
+-------------------------------------------------------------------+ 
| Number of voting rights            | Percentage of voting rights  | 
+------------------------------------+------------------------------+ 
| 1150000                            |   15.18                      | 
+------------------------------------+------------------------------+ 
 
+-----------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or  | 
| the                                                                         | 
| financial instruments are effectively held, if applicable:                  | 
+-----------------------------------------------------------------------------+ 
|                                                                             | 
+-----------------------------------------------------------------------------+ 
 
+------------------------------------+------------------------------+ 
| Proxy Voting:                                                     | 
|                                                                   | 
+-------------------------------------------------------------------+ 
| 10. Name of the proxy holder:      |  N/A                         | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 11. Number of voting rights proxy  |                              | 
| holder will cease to hold:         |                              | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 12. Date on which proxy holder     |                              | 
| will cease to hold voting rights:  |                              | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
 
+------------------------------------+------------------------------+ 
| 13. Additional information:        |                              | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 14. Contact name:                  | Chris Hill;                  | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 15. Contact telephone number:      | 0131 275 2147                | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLEAKASAENEEFF 
 

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