EnQuest PLC Holding(s) in Company (7499P)

TIDMENQ

RNS Number : 7499P

EnQuest PLC

21 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                EnQuest 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                                                           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                                               Admittance of new shares to the market    X 
  specify): 
----------------------------------------------------------  ---------------------------------------- 
 3. Full name of person(s)                                               Baillie Gifford & Co 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------------- 
 5. Date of the transaction                                                21 November 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------------- 
 6. Date on which issuer                                                   21 November 2016 
  notified: 
-----------------------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                              5% 
-----------------------------------------------------------  ------------------------------------------- 
 
 
 
 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) 
-------------      ------------    -------------    --------------  ---------  ------------  ------------  ----------- 
 Ordinary 
 Share 
 GB00B635TG28                                        67,010,028                 67,010,028                  5.78% 
                                                    --------------  ---------  ------------  ------------  ----------- 
                Below             Below 
                 5%                5% 
-------------  ----------------  -----------------    ------------    -------  ------------      --------    --------- 
 
 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. 
-----------------  --------------  ---------------------------------  -------------------------  --------------------- 
 N/A 
-----------------  --------------  ---------------------------------  -------------------------  --------------------- 
 
 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) 
---------------  --------------  ---------------  ----------------  -------------------------  ----------------------- 
 N/A                                                                                            Nominal       Delta 
---------------  --------------  ---------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
 67,010,028                                            5.78% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------ 
 
                     In the narrative below, the figures in [ ] indicate 
                     the amount of voting rights and the percentage held 
                          by each controlled undertaking where relevant. 
               Baillie Gifford & Co, a discretionary investment manager, 
                   is the parent undertaking of an investment management 
                                                                  group. 
                 Its wholly-owned subsidiary undertaking Baillie Gifford 
                    & Co Limited [6,189,533:0.53%] is an OEIC Authorised 
                     Corporate Director and Unit Trust Manager which has 
                  delegated its discretionary investment management role 
                                                to Baillie Gifford & Co. 
                 Its wholly-owned subsidiary undertaking Baillie Gifford 
                     Life Limited [24,546,841:2.12%] is a life assurance 
              company which procures discretionary investment management 
                    services from Baillie Gifford & Co in respect of its 
                                              own account shareholdings. 
 
 Proxy Voting: 
------------------------------------------------------------------------ 
 10. Name of the proxy holder:                                       N/A 
--------------------------------------------------------  -------------- 
 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:                                            Mike Bassi 
--------------------------------------------------------  -------------- 
 15. Contact telephone number:                             0131 275 3852 
--------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 21, 2016 11:46 ET (16:46 GMT)