Jersey Oil and Gas PLC TR-1: Notification of Major Interest in Shares (4217X)

TIDMJOG

RNS Number : 4217X

Jersey Oil and Gas PLC

21 February 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                                                                 Jersey Oil and Gas plc 
  the underlying issuer of existing 
  shares to which voting rights 
  are attached: (ii) 
-----------------------------------------------------  --------------------------------------------------------------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                                    ü 
--------------------------------------------------------------------------  ------------------------------------------------------------------------ 
 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)                                                                                                 Mr David Newlands and Mrs 
  subject to the notification                                                                                                       Monique Newlands 
  obligation: (iii) 
-----------------------------------------------------  --------------------------------------------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------  --------------------------------------------------------------------------------------------- 
 5. Date of the transaction                                                                                                                 17/2/17 
  and date on which the threshold 
  is crossed or reached: (v) 
-----------------------------------------------------  --------------------------------------------------------------------------------------------- 
 6. Date on which issuer                                                                                                                     20/2/17 
  notified: 
-----------------------------------------------------  --------------------------------------------------------------------------------------------- 
 7. Threshold(s) that is/are                                                                                                                     <7% 
  crossed or reached: (vi, 
  vii) 
-----------------------------------------------------  --------------------------------------------------------------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type       Situation                           Resulting situation after the 
  of               previous                            triggering transaction 
  shares           to the triggering 
                   transaction 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  ----------------------------------  ------------------------------------------------------------------ 
                  Number           Number             Number          Number of                 % of voting 
                   of               of                 of shares       voting                    rights (x) 
                   Shares           Voting                             rights 
                                    Rights 
-------------    ---------------  -----------------  --------------  ------------------------  ------------------------ 
                                                      Direct          Direct      Indirect      Direct       Indirect 
                                                                       (xi)        (xii) 
-------------      -------------    -------------    --------------  ----------  ------------  -----------  ----------- 
 
   Ordinary                                                                                     6.36 
   shares         656,000                             631,000         631,000                    % 
                 ----------------------------------  --------------  ----------  ------------  -----------  ----------- 
 GBOOBYN5YK77 
---------------    -------------    -------------    ------------      --------  ------------      -------    --------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                          Number of voting            % of voting 
 financial           date             Conversion                         rights that                 rights 
 instrument          (xiii)           Period (xiv)                       may be 
                                                                         acquired if 
                                                                         the 
                                                                         instrument 
                                                                         is 
                                                                         exercised/ 
                                                                         converted. 
-----------------  ---------------  ---------------------------------  --------------------------  -------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise           Expiration       Exercise/       Number of voting              % of voting 
 financial      price              date             Conversion       rights instrument             rights (xix, 
 instrument                        (xvii)           period           refers to                     xx) 
                                                    (xviii) 
-------------  -----------------  ---------------  --------------  ----------------------------  ---------------------- 
 Spread bet                                                         38,500                                     Delta 
-------------  -----------------  ---------------  --------------  ----------------------------  -----------  --------- 
                                                                                                  0.39 
-------------      -------------    -------------    ------------      --------  ------------    -----------  --------- 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                            Percentage of voting rights 
-----------------------------------------------------------------  ---------------------------------------------------- 
 669,500                                                            6.75% 
-----------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 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:                                                           N/A 
-------------------------------------------------------  ----------------------------------- 
 11. Number of voting rights proxy                                                       N/A 
  holder will cease to hold: 
-------------------------------------------------------  ----------------------------------- 
 12. Date on which proxy holder will                                                     N/A 
  cease to hold voting rights: 
-------------------------------------------------------  ----------------------------------- 
 
                                                                Notification using the total 
  13. Additional information:                              voting rights figure of 9,916,478 

-------------------------------------------------------  ----------------------------------- 
 14. Contact name:                                                            David Newlands 
-------------------------------------------------------  ----------------------------------- 
 15. Contact telephone number:                                                  01730 265432 
-------------------------------------------------------  ----------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLGIGDDUUDBGRB

(END) Dow Jones Newswires

February 21, 2017 03:57 ET (08:57 GMT)