Notification Of Major Interest In SharesDecember 8th, 2014

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: 
Gulfsands Petroleum plc
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
N/A
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
N/A
An event changing the breakdown of voting rights
N/A
Other (please specify): N/A
3. Full name of person(s) subject to the
notification obligation:
Waterford Finance and Investments Limited
4. Full name of shareholder(s)
(if different from 3.):
N/A
5. Date of the transaction and date on
which the threshold is crossed or
reached:
5th December 2014
6. Date on which issuer notified: 5th December 2014
7. Threshold(s) that is/are crossed or
reached: 
28.08%
8. Notified details:
A: Voting rights attached to shares
Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of voting rights 
 Direct Direct  Indirect  Direct Indirect
GB00B06VGC01 31,256,833 31,246,833 33,100,513 33,100,513 N/A 28.08% N/A
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date
Exercise/
Conversion Period 
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
% of voting
rights
N/A N/A N/A N/A N/A
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments 
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise price Expiration date xvii Exercise/
Conversion period 
Number of voting rights instrument refers to % of voting rights 
N/A N/A N/A N/A N/A Nominal Delta
N/A N/A
Total (A+B+C)
Number of voting rights Percentage of voting rights
33,100,513 28.08%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: 
N/A
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease
to hold:
N/A
12. Date on which proxy holder will cease to hold
voting rights:
N/A
13. Additional information: N/A
14. Contact name: Paul Conway
15. Contact telephone number: 07781 126014