Share Name Share Symbol Market Type Share ISIN Share Description
Mayan LSE:MYN London Ordinary Share VGG5S26K1152 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.265p 0.26p 0.27p 0.265p 0.265p 0.265p 21,173,191 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.2 -5.8 -0.0 - 0.22

Mayan Energy Limited Holding(s) in Company

17/07/2017 10:25am

UK Regulatory (RNS & others)


Mayan (LSE:MYN)
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1 Month : From Jun 2017 to Jul 2017

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TIDMMYN

RNS Number : 2411L

Mayan Energy Limited

17 July 2017

For Immediate Release

17 July 2017

Mayan Energy Ltd / Index: AIM / Epic: MYN/ ISIN: VGG6622A1057 / Sector: Oil and Gas

Mayan Energy Ltd ("Mayan" or "the Company")

Holding(s) in Company

The Board of Mayan announces that the Company has received the following TR-1 notification which is set out below.

 
 For filings with the FSA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                   Mayan Energy 
  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                       YES 
----------------------------------------------------------------  ------------- 
 An acquisition or disposal of qualifying financial                NO 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------------  ------------- 
 An acquisition or disposal of instruments with                    NO 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights                  NO 
----------------------------------------------------------------  ------------- 
 Other (please 
  specify): 
-------------------------------------------------------  -------  ------------- 
 3. Full name of person(s)                                  SPREADEX LTD 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  -------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  -------------------- 
 5. Date of the transaction                                 30/06/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  -------------------- 
 6. Date on which issuer                                    14/07/2017 
  notified: 
---------------------------------------------------------  -------------------- 
 7. Threshold(s) that is/are                                >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) 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 Ordinary 
 1 - 
 VGG5S26K1152                                     11,666,667     11,666,667                   3.44% 
               ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 
 
 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 
-------------------------------------------------  ------------------------------------------------------------------- 
 11,666,667                                         3.44% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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:                                              DAVID CORBEN 
-------------------------------------------------------------  ------------- 
 15. Contact telephone number:                                  01727 895135 
-------------------------------------------------------------  ------------- 
 
 

**ENDS**

For further information visit www.mayanenergy.com or contact the following:

 
                                       + 1 469 394 
 Eddie Gonzalez    Mayan Energy Ltd     2008 
                                       +44 7971 444 
 Charlie Wood      Mayan Energy Ltd     326 
                   Beaumont Cornish    +44 20 7628 
 Roland Cornish     Ltd                 3396 
                   Beaumont Cornish    +44 20 7628 
 James Biddle       Ltd                 3396 
                   Cornhill Capital    +44 20 7710 
 Nick Bealer        Limited             9612 
 
 

Notes:

Mayan Energy Limited is an AIM listed (London Stock Exchange) oil and gas energy company; whose present operations which are focussed on the redevelopment and enhancement of its upstream oil and gas interests in Oklahoma and Louisiana.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 17, 2017 05:25 ET (09:25 GMT)

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