TIDMEDR

RNS Number : 5628Q

Egdon Resources PLC

30 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                     Egdon Resources Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: 
-----------------------------------------------------------  ------------------------ 
 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 
---------------------------------------------------------------  -------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
---------------------------------------------------------------  -------------------- 
 An event changing the breakdown of voting rights                          X 
---------------------------------------------------------------  -------------------- 
 Other (please 
  specify): 
----------------------------------------------------------  ---  -------------------- 
 3. Full name of person(s)                                            Premier Oil plc 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  ------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------------  ------------------------ 
 5. Date of the transaction                                          29 November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ------------------------ 
 6. Date on which issuer                                             29 November 2016 
  notified: 
-----------------------------------------------------------  ------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                                        16% 
-----------------------------------------------------------  ------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type     Situation previous                 Resulting situation after the 
  of             to the triggering                  triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ---------------------------------  ---------------------------------------------------------------------- 
                Number           Number            Number         Number of voting              % of voting 
                 of               of               of shares       rights                        rights 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ----------------  -------------  ----------------------------  ------------------------- 
                                                   Direct         Direct           Indirect     Direct        Indirect 
-------------      -----------      ------------  -------------  ---------------  -----------  ------------  ----------- 
 GB00B28YML29   39,200,000       39,200,000        39,200,000     39,200,000                    15.14% 
-------------  ---------------  ----------------  -------------  ---------------  -----------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of            Expiration       Exercise/                        Number of voting              % of voting 
 financial           date             Conversion                       rights that                   rights 
 instrument                           Period                           may be 
                                                                       acquired if 
                                                                       the 
                                                                       instrument 
                                                                       is 
                                                                       exercised/ 
                                                                       converted. 
-----------------  ---------------  -------------------------------  ----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of          Exercise         Expiration      Exercise/        Number of voting              % of voting 
 financial         price            date            Conversion       rights instrument             rights 
 instrument                                         period           refers to 
---------------  ---------------  --------------  ---------------  ----------------------------  ----------------------- 
                                                                                                  Nominal       Delta 
---------------  ---------------  --------------  ---------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                             Percentage of voting rights 
--------------------------------------------------  -------------------------------------------------------------------- 
 39,200,000                                          15.14% 
--------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------------------- 
                                              Premier Oil (EnCore Petroleum) Limited - 20,400,000 
                                                                                          (7.88%) 
                                                        EnCore (NNS) Limited - 18,000,000 (6.95%) 
                                                             EnCore Oil Limited - 800,000 (0.31%) 
 
                                          Each of the above entities is a wholly owned subsidiary 
                                                                              of Premier Oil plc. 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ---------------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  ---------------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  ---------------------------------- 
 
 
  13. Additional information:                                   The change in the percentage 
                                                                of shares held is due entirely 
                                                                to an increase in the issued 
                                                                share capital of Egdon Resources 
                                                                Plc 
-------------------------------------------------------------  ---------------------------------- 
 14. Contact name:                                              Daniel Rose 
-------------------------------------------------------------  ---------------------------------- 
 15. Contact telephone number:                                  +44 20 7730 1111 
-------------------------------------------------------------  ---------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 30, 2016 06:55 ET (11:55 GMT)

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