Resaca Exploitation Inc TR-1: Notification of Major Interest in Shares (3523K)

TIDMRSOX TIDMBTEM

RNS Number : 3523K

Resaca Exploitation Inc

20 August 2012

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying          Resaca Exploitation Inc. 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: 
--------------------------------------------------  ---------------------------------- 
 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) subject                  British Empire Securities and 
  to the                                                  General Trust plc 
  notification obligation: 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):                               Chase Nominees Limited 
                                                       CREST: BT01C Sub a/c No.2 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                 Trade date: 15 August 2012 
  on                                               Settlement date: 20 August 2012 
  which the threshold is crossed 
  or 
  reached: 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                          17 August 2012 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                       9% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                    Resulting situation after the triggering 
 of              to the triggering                     transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  ------------------------------------  --------------------------------------------------------------------- 
                Number           Number               Number        Number of voting          % of voting rights 
                 of               of                   of shares     rights 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  -------------------  ------------  ------------------------  ----------------------------- 
                                                      Direct        Direct         Indirect   Direct         Indirect 
-------------    -----  ------  ------  ------  ---  ------------  -------------  ---------  -------------  -------------- 
 Common Stock 
   USD 0.01       1,697,212          1,697,212         1,755,494     1,755,494                   9.050 
               ---------------  -------------------  ------------  -------------  ---------  -------------  -------------- 
 US76083G3020 
-------------    -----  ------  ------  ------  ---  ----------    ----  -------  ---------      ---  ----     ----------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration      Exercise/                        Number of voting             % of voting 
  instrument              date            Conversion Period                rights that may              rights 
                                                                           be 
                                                                           acquired if the 
                                                                           instrument is 
                                                                           exercised/ converted. 
----------------------  --------------  -------------------------------  ---------------------------  -------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration      Exercise/          Number of voting              % of voting rights 
 financial         price          date            Conversion         rights instrument 
 instrument                                       period             refers to 
---------------  -------------  --------------  -----------------  ----------------------------  ------------------------- 
                                                                                                  Nominal       Delta 
---------------  -------------  --------------  -----------------  ----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  --------------------------------------------------------- 
                           1,755,494                                                       9.050% 
---------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------ 
 
   Chase Nominees Limited is custodian for British Empire Securities and 
   General Trust plc. 
------------------------------------------------------------------------------------ 
 
 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:                         Phoenix Administration Services Limited 
                                            Corporate Secretary 
----------------------------------------  ------------------------------------------ 
 15. Contact telephone number:             01245 398950 
----------------------------------------  ------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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