TIDMEO. TIDMBARC

RNS Number : 6439V

EnCore Oil PLC

16 January 2012

For immediate release: 16 January 2012

EnCore Oil plc ('EnCore' or 'the Company')

TR-1: Notifications of Major Interests in Shares

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 1. Identity of the issuer or the                        Encore Oil Plc 
  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) subject                     Barclays Plc 
  to the notification obligation: 
  (iii) 
                                         --------------------------------------- 
 4. Full name of shareholder(s)              Barclays Capital Securities Ltd 
  (if different from 3.):(iv)                Gerrard Investment Management Ltd 
                                         --------------------------------------- 
 5. Date of the transaction and                      13 January 2012 
  date on which the threshold 
  is crossed or 
  reached: (v) 
                                         --------------------------------------- 
 6. Date on which issuer notified:                   16 January 2012 
                                         --------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                        7% 
                                         --------------------------------------- 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 Class/type     Situation previous                    Resulting situation after the triggering 
  of shares      to the triggering                     transaction 
                 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          Indirect   Direct         Indirect 
                                                                        (xi)            (xii) 
               ---  ---  ---  ------  ---------      ---------------  --------------  ---------  -------------  ---------- 
 
 
 GB00B06KL332   21,880,685             21,880,685       18,000,646      17,970,646      30,000       5.77%         0.01% 
               ---------------------  -------------  ---------------  --------------  ---------  -------------  ---------- 
 
 
 B: Qualifying Financial Instruments 
 Resulting situation after the triggering transaction 
 Type of financial             Expiration               Exercise/            Number of voting                % of voting 
  instrument                    date (xiii)              Conversion           rights that may                 rights 
                                                         Period (xiv)         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 financial        Expiration date         Exercise/            Number of voting                 % of voting 
  Instrument               (xvii)                  Conversion           rights instrument                rights (xix, 
                                                   period               refers to                        xx) 
                                                   (xviii) 
                    ---  ----------------------  -------------------  -------------------------------  ------------------- 
 Portfolio                9 April 2012                                 24,333                           0.01% 
  Swap 
  Portfolio                6 August 2012                                247,665                          0.08% 
   Swap 
  Portfolio                16 January 2012                              1,066,729                        0.34% 
   Swap 
                    ---  ----------------------  -------------------  -------------------------------  ------------------- 
 
 Total (A+B+C) 
 Number of voting rights                                             Percentage of voting rights 
                                                                    ------------------------------------------------------ 
 19,339,373                                                          6.20% 
                                                                    ------------------------------------------------------ 
 
 
 
 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:                                Geoff Smith 
                                      ----------------------------------- 
 15. Contact telephone number:                   0207 116 2913 
                                      ----------------------------------- 
 
 

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 
 
 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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