Holding(s) in Company

RNS Number : 2512H

Empyrean Energy PLC

03 November 2008

 

3 November 2008

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):

 

24 October 2008

 

6.   Date on which issued notified:

 

27 October 2008

 

7.   Threshold(s) that is/are crossed or reached:

 

8% to 9%

 

8.   Notified details

 

A: Voting rights attached to shares

 

                   Class/type of share if possible using the ISIN Code                 GB00B09G2351

 

                   Situation Previous to the triggering transaction (vi) –

                                  Number of Shares                                                  5,287,780                             

                                  Number of Voting Rights (viii)                                 5,287,780              

 

                   Resulting situation after the triggering transaction (viii) –

                                  Number of Shares                                                  5,373,367              

                                  Number of Voting Rights – Direct (x)                     0

                                  Number of Voting Rights – Indirect (xi)                  5,373,367

                                  % of voting rights – Direct                                     0

                                  % of voting rights – Indirect                                   9.03                                      

 

B: Financial Instruments

 

Resulting situation after the triggering transaction (xii)

 

Type of financial instrument                                                   N/A

 

Expiration date (xiii)                                               N/A

 

Exercise/Conversion Period/Date (xiv)                                   N/A

 

Number of voting rights that may be acquired if the

instrument is exercised/converted                                           N/A

 

% of voting rights                                                                  N/A

 

            Total (A+B)

 

Number of voting rights                                                                5,373,367

 

% of voting rights                                                                        9.03

 

9.   Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

 

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: [phone]  

 

Blue Oar Securities Plc

Olly Cairns / Jerry Keen

Tel: [phone]

 

Conduit PR 

Jonathan Charles / Fiona Hyland

Tel: [phone]

 

 

END

 

 

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