Holding(s) in Company

RNS Number : 4296U

Sound Oil PLC

15 October 2014

 



15 October 2014

Sound Oil plc

("Sound Oil" or the "Company")

Holding(s) in Company

Sound Oil, the European / Mediterranean focused upstream oil and gas company, announces that it has been notified that the 15,000,000 ordinary shares in the Company held by Simplify Partners S.A. (as previously announced on 10 July 2014) are under the delegated management of Method Investments & Advisory Ltd.   

The notification received by the Company contained the following information:

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

Sound Oil PLC - GB00B90XFF12

·     Reason for the notification:

An acquisition/disposal of voting rights

·     Full name of person(s) subject to the notification obligation:

Method Investments & Advisory Ltd, as delegated investment manager

·     Full name of shareholder(s) (if different from above):

Simplify SCA Sicav-FIS (Sub-account Simplify 2_Classic)

·     Date of the transaction and date on which the threshold is crossed or reached:

July 8, 2014

·     Date on which issuer notified:

09/10/2014

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

3%

·     Notified details:

Situation previous to the Triggering transaction

ISIN	Number of Shares	Number of voting rights
GB00890XFF12	0	0

·     Resulting situation after the triggering transaction:

ISIN	Number of Shares	Number of voting rights	% of voting rights
GB00890XFF12	15,000,000	15,000,000	Direct: 3.61%	Indirect:

For further information please contact:

Sound Oil James Parsons, Chief Executive Officer	[e-mail]
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes	Tel: [phone]
Peel Hunt - Broker Richard Crichton Charles Batten	Tel: [phone]

 

END

 

 

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