Circle Oil PLC TR 1 Holding in Company (2730W)

TIDMCOP

RNS Number : 2730W

Circle Oil PLC

25 April 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
 
 
 1. Identity of the issuer      Circle Oil plc 
  or 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      X 
----------------------------------------------- 
 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)          Peter Walford 
  subject to the notification 
  obligation: (iii) 
---------------------------------  -------------- 
 4. Full name of shareholder(s)      Picabia LTD 
  (if different from 3.): 
  (iv) 
---------------------------------  -------------- 
 5. Date of the transaction         15 April 2016 
  and date on which the threshold 
  is crossed or reached: (v) 
---------------------------------  -------------- 
 6. Date on which issuer            25 April 2016 
  notified: 
---------------------------------  -------------- 
 7. Threshold(s) that is/are          Under 3% 
  crossed or 
  reached: (vi, vii) 
---------------------------------  -------------- 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------ 
 Class/type      Situation              Resulting situation after 
  of              previous               the triggering transaction 
  shares          to the triggering 
                  transaction 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ---------------------  --------------------------------------------------- 
                 Number       Number    Number       Number of           % of voting 
                  of           of        of           voting              rights (x) 
                  Shares       Voting    shares       rights 
                               Rights 
--------------  -----------  --------  -----------  ------------------  ------------------ 
                                        Direct       Direct   Indirect   Direct   Indirect 
                                                      (xi)     (xii) 
--------------  -----------  --------  -----------  -------  ---------  -------  --------- 
                                                                         Under 
                 18,000,000             16,900,000                        3% 
--------------  -----------  --------  -----------  -------  ---------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/     Number of      % of voting 
  instrument          date         Conversion    voting         rights 
                      (xiii)       Period        rights that 
                                   (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     % of voting 
  financial     price      date         Conversion    voting        rights (xix, 
  instrument               (xvii)       period        rights        xx) 
                                        (xviii)       instrument 
                                                      refers 
                                                      to 
------------  ---------  -----------  ------------  ------------  ---------------- 
                                                                   Nominal   Delta 
------------  ---------  -----------  ------------  ------------  --------  ------ 
 
 
 
 Total (A+B+C) 
----------------------------------------------- 
 Number of voting rights   Percentage of voting 
                            rights 
------------------------  --------------------- 
  16,900,000                2.99% 
------------------------  --------------------- 
 
 
 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: 
------------------------------ 
 15. Contact telephone number: 
------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 25, 2016 12:05 ET (16:05 GMT)