Holding(s) in Company
December 10 2009 - 5:30AM
UK Regulatory
TIDMEO.
RNS Number : 9054D
EnCore Oil PLC
10 December 2009
For immediate release: 10 December 2009
EnCore Oil plc ('EnCore' or 'the Company')
TR-1 - NOTIFICATION OF MAJOR INTEREST IN SHARES
+----------------------------------------+---------------+---------------+----------+
| 1. Identity of the issuer or the underlying issuer of | Encore Oil Plc |
| existing shares to which voting rights are attached: | |
+--------------------------------------------------------+--------------------------+
| 2. Reason for notification (yes/no) |
+-----------------------------------------------------------------------------------+
| An acquisition or disposal of voting rights | YES |
+------------------------------------------------------------------------+----------+
| An acquisition or disposal of financial instruments which may result | NO |
| in the acquisition of shares already issued to which voting rights are | |
| attached | |
+------------------------------------------------------------------------+----------+
| An event changing the breakdown of voting rights | NO |
+------------------------------------------------------------------------+----------+
| Other (please specify):______________ | NO |
+------------------------------------------------------------------------+----------+
| 3. Full name of person(s) subject to | Ingalls & Snyder LLC ("I&S"). |
| notification obligation: | |
+----------------------------------------+------------------------------------------+
| 4. Full name of shareholder(s) (if | I&S, on behalf of its clients, has |
| different from 3): | dispositive authority over (i.e. the |
| | power and authorisation to sell at I&S's |
| | discretion) 8,773,000 shares. I & S does |
| | not hold voting authority over these |
| | shares. |
+----------------------------------------+------------------------------------------+
| 5. Date of transaction (and date on | December 8, 2009 |
| which the threshold is crossed or | |
| reached if different): | |
+----------------------------------------+------------------------------------------+
| 6. Date on which issuer notified: | December 9, 2009 |
+----------------------------------------+------------------------------------------+
| 7. Threshold(s) that is/are crossed or | Interest in excess of 3% of issued share |
| reached: | capital. |
+----------------------------------------+---------------+---------------+----------+
+---------------+---------------+----------+-----------+---------------+----------+-------------+----------+
| 8: Notified Details |
+----------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
| |
+----------------------------------------------------------------------------------------------------------+
| Class/type of | Situation previous | Resulting situation after the triggering |
| shares | to the triggering | transaction |
| If possible | transaction | |
| use ISIN code | | |
+ +--------------------------+---------------------------------------------------------------+
| | Number of | Number | Number | Number of voting | Percentage of |
| | shares | of | of | rights | voting rights |
| | | voting | shares | | |
| | | rights | | | |
+ + + + +--------------------------+------------------------+
| | | | | Direct | Indirect | Direct | Indirect |
+---------------+---------------+----------+-----------+---------------+----------+-------------+----------+
| Ordinary | 8,415,000 | - | 8,773,000 | See note | - | 3.02% | - |
| Shares ISIN | | | | 4 above. | | (Note: | |
| GB00B06KL332 | | | | I&S has | | For | |
| | | | | dispositive | | these | |
| | | | | authority | | purposes | |
| | | | | over | | we have | |
| | | | | 8,773,000 | | assumed | |
| | | | | shares. | | that | |
| | | | | | | dispositive | |
| | | | | | | authority | |
| | | | | | | is | |
| | | | | | | equivalent | |
| | | | | | | to voting | |
| | | | | | | rights). | |
+---------------+---------------+----------+-----------+---------------+----------+-------------+----------+
+---------------+---------------+---------------+----------------------+---------------+
| B: Financial Instruments N/A |
| |
+--------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+--------------------------------------------------------------------------------------+
| Type of | Expiration | Exercise/ | No. of voting | Percentage of |
| financial | date | conversion | rights that | voting rights |
| instrument | | period/date | may be | |
| | | | acquired (if | |
| | | | the | |
| | | | instrument | |
| | | | exercised/converted) | |
+---------------+---------------+---------------+----------------------+---------------+
| | | | | |
+---------------+---------------+---------------+----------------------+---------------+
+--------------------------------------+--------------------------------------+
| Total (A+B) |
| |
+-----------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+--------------------------------------+--------------------------------------+
| 8,773,000 (Note: For these purposes | 3.02% (Note: For these purposes we |
| we have assumed that dispositive | have assumed that dispositive |
| authority is equivalent to voting | authority is equivalent to voting |
| rights.) | rights). |
+--------------------------------------+--------------------------------------+
+-----------------------------------------------------------------------------+
| 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 proxy holder: | N/A |
| | |
+--------------------------------------+--------------------------------------+
| 11. Number of voting rights proxy | N/A |
| holder will cease to hold: | |
| | |
+--------------------------------------+--------------------------------------+
| 12. Date on which proxy holder will | N/A |
| cease to hold voting rights: | |
| | |
+--------------------------------------+--------------------------------------+
+--------------------------------------+--------------------------------------+
| 13. Additional information: | |
| | |
+--------------------------------------+--------------------------------------+
| 14 Contact name: | Edward H. Oberst |
| | |
+--------------------------------------+--------------------------------------+
| 15. Contact telephone name: | (001) (212) 269 7812 |
| | |
+--------------------------------------+--------------------------------------+
For further information, please contact:
+--------------------------------------------------+--------------------------+
| EnCore Oil plc | www.encoreoil.co.uk |
+--------------------------------------------------+--------------------------+
| Alan Booth, Chief Executive Officer | +44 (0)20 7224 4546 |
+--------------------------------------------------+--------------------------+
| Eugene Whyms, Chief Financial Officer | |
+--------------------------------------------------+--------------------------+
| Yvonne Fraser, Investor Relations Manager | +44 (0)7957 241 408 |
+--------------------------------------------------+--------------------------+
| | |
+--------------------------------------------------+--------------------------+
| Aquila Financial Limited | www.aquila-financial.com |
+--------------------------------------------------+--------------------------+
| Peter Reilly | +44 (0) 118 979 4100 |
+--------------------------------------------------+--------------------------+
| | |
+--------------------------------------------------+--------------------------+
| Westhouse Securities Limited | |
+--------------------------------------------------+--------------------------+
| Tim Feather | +44 (0) 20 7601 6100 |
+--------------------------------------------------+--------------------------+
| Matthew Johnson | |
+--------------------------------------------------+--------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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