Holding(s) in Company

RNS Number : 0791P

Hurricane Energy PLC

14 November 2016

 

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			Hurricane Energy Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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):	The issuer has allotted new shares resulting in a dilution of the voting shares subject to the notification obligation			X
3. Full name of person(s) subject to the notification obligation: iii		Awal Bank B.S.C. (in administration)
4. Full name of shareholder(s)  (if different from 3.):iv		Chase Nominees Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		08 November 2016
6. Date on which issuer notified:		11 November 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		New holding is less than 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

Indirect

Direct

Indirect

35,000,000

35,000,000

35,000,000

35,000,000

0

N/A

N/A

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

35,000,000

N/A

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:	Richard Norton (a member of Charles Russell Speechlys LLP, external administrator of Awal Bank B.S.C)
15. Contact telephone number:	01242 246357 or 01242 246804

 

END

 

 

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