Holding(s) in Company (7744P)
October 07 2011 - 5:15AM
UK Regulatory
TIDMEO.
RNS Number : 7744P
EnCore Oil PLC
07 October 2011
For immediate release: 7 October 2011
EnCore Oil plc ('EnCore' or 'the Company')
TR-1: Notifications of Major Interests in Shares
-------------------------------------------------
1. Identity of the issuer or the underlying Encore Oil Plc
issuer of 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 NO
which may result 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 Ingalls & Snyder LLC ("I&S").
to notification obligation:
------------------------------------- ---------------------------------------
4. Full name of shareholder(s) I I&S, on behalf of its clients,
(if different from 3): has dispositive authority over
(i.e. the power and authorisation
to sell at I&S's discretion)
6,284,219 shares. I & S does
not hold voting authority over
these shares.
------------------------------------- ---------------------------------------
5. Date of transaction (and date October 6, 2011
on which the threshold is crossed
or reached if different):
------------------------------------- ---------------------------------------
6. Date on which issuer notified: October 6, 2011
------------------------------------- ---------------------------------------
7. Threshold(s) that is/are crossed Interest of less than 3% of
or reached: issued share capital.
------------------------------------- ---------------------------------------
8: Notified Details
-----------------------------------------------------------------------------------------------------
A: Voting rights attached to shares
-----------------------------------------------------------------------------------------------------
Class/type of
shares If Situation previous
possible use to the triggering Resulting situation after the triggering
ISIN code transaction transaction
-------------- ----------------------- ------------------------------------------------------------
Number
Number of of voting Number of Number of voting Percentage of
shares rights shares rights voting rights
-------------- ---------- ----------- ---------- ----------------------- -----------------------
Direct Indirect Direct Indirect
-------------- ---------- ----------- ---------- ------------ --------- ------------ ---------
2.14%
(Note: For
these
purposes we
have
See note 4 assumed
above. I&S that
has dispositive
dispositive authority
authority is
Ordinary over equivalent
Shares ISIN 6,284,219 to voting
GB00B06KL332 8,784,219 - 6,284,219 shares. - rights). -
-------------- ---------- ----------- ---------- ------------ --------- ------------ ---------
B: Financial Instruments N/A
------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------
Type of Expiration Exercise/ No. of voting rights Percentage
financial date conversion that may be acquired of voting
instrument period/date (if the instrument rights
exercised/converted)
-------------- ----------- ------------- --------------------- -----------
Total (A+B)
-------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------ -----------------------------------
6,284,219 (Note: For these purposes 2.14% (Note: For these purposes
we have assumed that dispositive we 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 N/A
will cease to hold voting rights:
----------------------------------- ----
13. Additional information:
----------------------------- ---------------------
14 Contact name: Frank Stolba
----------------------------- ---------------------
15. Contact telephone name: (001) (212) 269 7814
----------------------------- ---------------------
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 241408
Cenkos Securities plc
Jon Fitzpatrick +44 (0)20 7397 1951
Ken Fleming +44 (0)131 220 9772
This information is provided by RNS
The company news service from the London Stock Exchange
END
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