Xcite Energy Limited ("Xcite Energy" or the "Company") TR-1: Notification of Major Interests in Shares
November 18 2010 - 11:59AM
Marketwired
Xcite Energy Limited (TSX-V: XEL) (LSE: XEL) (AIM: XEL)
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1. Identity of the issuer or the underlying issuer XCITE ENERGY (CDI)
of existing shares to which voting rights are
attached:
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2. Reason for the notification (please tick the appropriate box or
boxes)
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An acquisition or disposal of voting rights X
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An acquisition or disposal of financial instruments which may result in
the acquisition of shares already issued to which voting rights are
attached
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An event changing the breakdown of voting rights
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Other (please specify): ___________
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3. Full name of person(s) subject to the Ignis Investment
notification obligation: Services Limited
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4. Full name of shareholder(s) (if different from 3.):
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5. Date of the transaction (and date on which the 16/11/2010
threshold is crossed or reached if different):
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6. Date on which issuer notified: 17/11/2010
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7. Threshold(s) that is/are crossed or reached: 5%
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8. Notified details: Nominee holdings
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A: Voting rights attached to shares
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Class/type Situation Resulting situation after the
of shares previous to triggering transaction
the Triggering
if possible transaction
using the
ISIN CODE
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Number Number Number Number of % of
of of of voting rights ix voting rights
Shares Voting shares
Rights
viii
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Direct Direct x Indirect Direct Indirect
xi
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B2942B1 7,118,383 4.64%
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B: Financial Instruments
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Resulting situation after the triggering transaction xii
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Type of Expiration Exercise/ Conversion Number of % of
financial date xiii Period/ Date xiv voting rights voting
instrument that may be rights
acquired if the
instrument is
exercised/
converted.
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Total (A+B)
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Number of voting rights % of voting rights
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7,118,383.00 4.64%
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9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable xv:
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Pearl Group Limited
Impala Holdings Limited
Pearl Group Holdings (No.1) Ltd
Ignis Asset Management Ltd
Ignis Investment Services Ltd (indirect)
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Vidacos Nominees Ltd (7,118,383.00 4.64%)
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease to hold:
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12. Date on which proxy holder will cease to hold voting
rights:
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13. Additional Percentage calculation based on Issued Share
information: Capital of 153,439,000
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14. Contact name: Jean Birrell
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15. Contact telephone 0141 222 8226
number:
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Contact: Jean Birrell 0141 222 8226