Holding(s) in Company

RNS Number : 5043A

Sound Oil PLC

08 October 2009

 



TR-1: Notification of Major Interest in Shares

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

Sound Oil plc

2. Reason for 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 notification obligation:	RAB CAPITAL PLC ACTING AS DISCRETIONARY MANAGER OF RAB ENERGY FUND LIMITED
4. Full name of shareholder(s) (if different from 3):	CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED
5. Date of transaction (and date on which the threshold is crossed or reached if different):	07/10/2009
6. Date on which issuer notified:	08/10/2009
7. Threshold(s) that is/are crossed or reached:	16%, 15%, 14%, 13%, 12%, 11%, 10%, 5%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use 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		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
ORDINARY SHARES GB00B09VL556	112,393,636	112,393,636	n/a	n/a	32,084,290	n/a	4.63%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
32,084,290	4.63%

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

RAB Capital plc acts as investment manager for RAB ENERGY FUND LIMITED. RAB Capital plc does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED.

Proxy Voting:
10. Name of 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:	Legal Team
15. Contact telephone name:	0207 389 7000

 

END

 

 

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