24 March 2009
Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
TR-1(i): NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Empyrean Energy Plc
2. Reason for the notification:
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation (iii):
Barclays PLC
4. Full name of shareholder(s) (if difference from 3):
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
5. Date of the transaction and date on which the threshold is crossed or reached (v):
19 March 2009
6. Date on which issued notified:
20 March 2009
7. Threshold(s) that is/are crossed or reached:
11% to 12%
8. Notified details
A: Voting rights attached to shares |
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Class/type of share if possible using the ISIN Code |
GB00B09G2351 |
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Situation Previous to the triggering transaction (vi) - |
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Number of Shares |
7,556,524 |
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Number of Voting Rights (viii) |
7,556,524 |
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Resulting situation after the triggering transaction (viii) - |
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Number of Shares |
8,227,290 |
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Number of Voting Rights - Direct (x) |
0 |
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Number of Voting Rights - Indirect (xi) |
8,227,290 |
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% of voting rights - Direct |
0 |
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% of voting rights - Indirect |
12.99 |
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B: Financial Instruments |
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Resulting situation after the triggering transaction (xii) |
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Type of financial instrument |
N/A |
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Expiration date (xiii) |
N/A |
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Exercise/Conversion Period/Date (xiv) |
N/A |
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Number of voting rights that may be acquired if the |
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instrument is exercised/converted |
N/A |
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% of voting rights |
N/A |
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Total (A+B) |
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Number of voting rights |
8,227,290 |
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% of voting rights |
12.99 |
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Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease to hold: N/A
12. Date on which proxy holder will cease to hold voting rights: N/A
13. Additional information: N/A
14. Contact name: Geoff Smith
15. Contact telephone number: 020 7116 2913
For further information
Empyrean Energy plc
Tom Kelly
Tel: (+61) 8 9321 6988
Blue Oar Securities Plc
Olly Cairns / Jerry Keen
Tel: (+61) 8 6430 1631 / (+44) 207 448 4400
Conduit PR
Jonathan Charles / Fiona Hyland
Tel: (+44) 207 429 6611 / (+44) 7791 892 509