Xcite Energy Limited ("Xcite Energy" or the "Company") TR-1: Notification of Major Interest in Shares
December 06 2010 - 9:39AM
Marketwired
Xcite Energy Limited (TSX-V: XEL) (LSE: XEL) (AIM: XEL)
For filings with the FSA include the annex For filings with
issuer exclude the annex
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1. Identity of the issuer or the underlying XCITE ENERGY (CDI)
issuer 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 Services
notification obligation: 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 02/12/2010
which the threshold is crossed or reached if
different:
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6. Date on which issuer notified: 03/12/2010
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7. Threshold(s) that is/are crossed or 4%
reached:
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8.Notified details: Nominee holdings
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A: Voting rights attached to shares
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Class/typeSituation previous Resulting situation after the triggering
of shares to the transaction
if triggering
possible transaction
using
the ISIN
CODE
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Number Number Number of Number of % of
of of shares voting rights voting
Shares Voting rights
Rights
viii
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Direct Direct Indirect Direct Indirect
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B2942B1 6,010,494 3.79%
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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/ Number of voting % of
financial date Conversion rights that may voting
instrument Period/ be acquired if rights
Date the instrument
is exercised/ converted.
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C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments
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Resulting situation after the triggering transaction
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Type of Exercise Expiration Exercise/ Number of % of voting
financial price Date Conversion voting rights
instrument period rights
instrument
refers to
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Nominal Delta
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Total (A+B+C)
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Number of voting rights Percentage of voting rights
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6,010,494.00 3.92%
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9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable:
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Vidacos Nominees Ltd (6,010,494.00 3.79%)
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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 Capital of
information: 158,543,277 (based on FTS 03/12/10)
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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