Holding(s) in Company

RNS Number : 7034Y

Egdon Resources PLC

08 September 2009

 



8 September 2009                        

EGDON RESOURCES PLC 

('Egdon' or 'the Company')

Holding in Company

Egdon has been informed by Heyco Energy Holdings, S.L. that it has transferred its entire shareholding in the Company, consisting of 6,861,434 ordinary shares, to Heyco International Inc. This transfer makes no change in ultimate beneficial ownership. Heyco Energy Holdings, S.L. has ceased to have any holding in the Company and Heyco International Inc. now holds 6,861,434 ordinary shares in the Company which is approximately 9.1% of the issued share capital of the Company.

The Net Profit Interests on current and future production from the Avington Licences which were held by Heyco Energy Holdings, S.L. have also been assigned to Heyco International Inc.

For further information please contact:

Egdon Resources plc

Mark Abbott Managing Director                                                      01256 702292

Buchanan Communications

Ben Willey, Miranda Higham                                                          020 7466 5000

Nominated Adviser and Broker - Seymour Pierce

Jonathan Wright, Sarah Jacobs, Richard Redmayne                        020 7107 8000

 

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