Holding(s) in Company

RNS Number : 8644P
Solo Oil Plc
22 November 2016
 

For immediate release

22 November 2016

 

Solo Oil Plc

("Solo" or the "Company")

Holding(s) in Company

 

The Board of Solo announces that the Company has received the following TR-1 notification which is set out below without amendment.

 

 For further information:

 

Solo Oil plc

Neil Ritson

Daniel Maling

+44 (0) 20 3794 9230



Beaumont Cornish

Nominated Adviser and Joint Broker

Roland Cornish

(www.beaumontcornish.com)

+44 (0) 20 7628 3396

 

Shore Capital

Joint Broker

Jerry Keen

 

Beaufort Securities

Joint Broker

Jon Belliss

 

Cassiopeia Services Ltd

Investor and Media Relations

Stefania Barbaglio

 

+44 (0) 20 7408 4090

 

 

 

 

+44 (0) 20 7382 8300

 

 

 

+44 (0) 79 4969 0338

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

SOLO OIL PLC

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 to the
notification obligation:
iii

EPSILON INVESTMENTS PTE LTD

4. Full name of shareholder(s)
 (if different from 3.):iv


5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

22 NOVEMBER 2016

6. Date on which issuer notified:

22 NOVEMBER 2016

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

4%, 3%

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect


280,573,669

280,573,669

196,113,669

196,113,669


2.81%


GB00B1TYBN97


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

196,113,669

2.81%

 

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:

SUJATHA PANICKER

15. Contact telephone number:

+67 34 6350

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLFEMFIEFMSEFF
UK 100