Sound Oil PLC Holding(s) in Company (4296U)

TIDMSOU

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

For further information please contact:

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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