Ascent Resources PLC Holding(s) in Company (3749P)

TIDMAST

RNS Number : 3749P

Ascent Resources PLC

16 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                   Ascent Resources 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 
-------------------------------------------------------------  --------------------- 
 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                      ü 
-------------------------------------------------------------  --------------------- 
 Other (please 
  specify): 
----------------------------------------------------  -------  --------------------- 
 3. Full name of person(s)                                         Douglas Borthwick 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  ---------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------------------  ---------------------------- 
 5. Date of the transaction                                               16/11/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ---------------------------- 
 6. Date on which issuer                                                  16/11/2016 
  notified: 
------------------------------------------------------  ---------------------------- 
 7. Threshold(s) that is/are                                                Below 3% 
  crossed or 
  reached: (vi, vii) 
------------------------------------------------------  ---------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type    Situation previous                    Resulting situation after the 
 of             to the triggering                     triggering transaction 
 shares         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) 
------------      -------------    -------------    --------------  ---------  ------------  ------------  ----------- 
 
               30,002,178                                                                     Below 
                                                                                               3% 
------------  -----------------  -----------------  --------------  ---------  ------------  ------------  ----------- 
 
 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) 
--------------  ---------------  ---------------  ----------------  -------------------------  ----------------------- 
                                                                                                Nominal       Delta 
--------------  ---------------  ---------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
                                                       Below 3% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 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:                                    Total OS in issue: 1,076,704,068 
-------------------------------------------------------------  ---------------------------------- 
 14. Contact name:                                                              DOUGLAS BORTHWICK 
-------------------------------------------------------------  ---------------------------------- 
 15. Contact telephone number:                                                      01343 333 363 
-------------------------------------------------------------  ---------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 16, 2016 11:02 ET (16:02 GMT)