Holding in Company

RNS Number : 4036D

Ascent Resources PLC

15 May 2012

 

Ascent Resources plc

('Ascent' or 'the Company')

Holding in Company

The Company was notified on 15 May 2012 that, on 14 May 2012, Henderson Global Investors had increased its holding in the ordinary shares of 0.1 pence each in the share capital of the Company ("Ordinary Shares") to 125,801,970 Ordinary Shares, representing 12.26% of the issued share capital of the Company.

For further information, please contact:

Jeremy Eng	Ascent Resources plc		Tel: [phone]
Scott Richardson Brown
Sarah Wharry	finnCap Ltd (NOMAD & Broker)		Tel: [phone]
Ben Thompson Simon Star	Corporate Broking
Hugo de Salis Frank Buhagiar	St Brides Media & Finance Ltd		Tel: [phone]

Notes

Ascent Resources plc has a diversified portfolio of hydrocarbon exploration and development interests across five countries in Europe: Italy, Switzerland, Hungary, Slovenia and Netherlands.  Its portfolio contains a solid base of field redevelopment projects with selected exposure to exploration upside.  The portfolio is focussed on gas and with the exception of the shallow water Netherlands project, all of its projects are located onshore where operating and development costs are substantially lower than they would be offshore.                   

 

END

 

 

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