Solo Oil Plc Holding(s) in Company (5130O)
November 07 2016 - 7:09AM
UK Regulatory
TIDMSOLO
RNS Number : 5130O
Solo Oil Plc
07 November 2016
For immediate release
7 November 2016
Solo Oil Plc
("Solo" or the "Company")
Holding(s) in Company
The Board of Solo announces that the Company has received the
following TR-1 notification which is set out below without
amendment.
For further information:
Solo Oil plc
Neil Ritson
Daniel Maling +44 (0) 20 3794 9230
Beaumont Cornish
Nominated Adviser and
Joint Broker
Roland Cornish
(www.beaumontcornish.com) +44 (0) 20 7628 3396
Shore Capital
Joint Broker
Jerry Keen
+44 (0) 20 7408 4090
Beaufort Securities
Joint Broker
Jon Belliss
Cassiopeia Services +44 (0) 20 7382 8300
Ltd
Investor and Media
Relations
Stefania Barbaglio +44 (0) 79 4969 0338
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or SOLO OIL PLC
the underlying issuer
of existing shares to which
voting rights are
attached: (ii)
------------------------------------------------------------- -------------------------------
2 Reason for the notification (please tick the appropriate
box or boxes):
----------------------------------------------------------------------------------------------
An acquisition or disposal of voting rights X
---------------------------------------------------------------- ----------------------------
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
---------------------------------------------------------------- ----------------------------
Other (please
specify):
--------------------------------------------------------- ----- ----------------------------
3. Full name of person(s) EPSILON INVESTMENTS PTE LTD
subject to the
notification obligation:
(iii)
----------------------------------------------------------- ---------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
----------------------------------------------------------- ---------------------------------
5. Date of the transaction 4 NOVEMBER 2016
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ---------------------------------
6. Date on which issuer 7 NOVEMBER 2016
notified:
----------------------------------------------------------- ---------------------------------
7. Threshold(s) that is/are 11%, 10% AND 9%
crossed or
reached: (vi, vii)
----------------------------------------------------------- ---------------------------------
8. Notified details:
------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
------------------------------------------------------------------------------------------------------------------------
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 (x)
Shares Voting
Rights
------------- ---------------- ---------------- -------------- ----------------------------- ----------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ------------ ------------ -------------- -------------- ------------- --------- -----------
GB00B1TYBN97 745,030,433 745,030,433 600,977,210 600,977,210 8.60%
------------- ---------------- ---------------- -------------- -------------- ------------- --------- -----------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of % of voting
financial date Conversion voting rights
instrument (xiii) Period (xiv) rights that
may be
acquired if
the
instrument
is
exercised/
converted.
----------------- -------------- -------------------------------- ---------------- ---------------------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of % of voting
financial price date Conversion voting rights rights (xix,
instrument (xvii) period instrument xx)
(xviii) refers to
--------------- -------------- -------------- ---------------- ---------------- -----------------------------------
Nominal Delta
--------------- -------------- -------------- ---------------- ---------------- ------------- --------------------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
--------------------------------------------------- -------------------------------------------------------------------
600,977,210 8.60%
--------------------------------------------------- -------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
--------------------------------------------------------------------------------
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:
------------------------------------------------------------- -----------------
14. Contact name: SUJATHA PANICKER
------------------------------------------------------------- -----------------
15. Contact telephone number: +67 34 6350
------------------------------------------------------------- -----------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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