Prospex Oil and Gas PLC Holding(s) in Company (8558U)

TIDMPXOG

RNS Number : 8558U

Prospex Oil and Gas PLC

23 January 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                          PROSPEX 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                                    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)                                                          Jasvir Rai 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                        18(th) to 20th January 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                                   23(rd) January 2017 
  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 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) 
-------------  ------------  -------------  ------------  -------  ------------  --------  --------- 
 
                                             under         under                  Under 
                24,894,909    24,894,909      3%            3%                     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 
------------------------------------------  -------------------------------------------------------- 
                                             Under 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:                        Jasvir Rai 
------------------------------------------------  -------------- 
 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:                                    Jasvir Rai 
----------------------------------------------  ---------------- 
 15. Contact telephone number: 
----------------------------------------------  ---------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 23, 2017 07:00 ET (12:00 GMT)