TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (1979Y)

TIDMRSOX

RNS Number : 1979Y

Resaca Exploitation Inc

27 February 2012

 
 For filings with the FSA include 
  the annex 
  For filings with issuer exclude 
  the annex 
---------------------------------------------  ------------------------------------------ 
 TR-1: Notifications of Major Interests 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 notification (yes/no) 
----------------------------------------------------------------------------------------- 
 
  An acquisition or disposal of voting rights                               Acquisition 
------------------------------------------------------------------------  --------------- 
 An acquisition or disposal of financial instruments 
  which may result in the acquisition of shares already 
  issued to which voting rights are attached 
------------------------------------------------------------------------  --------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------------------  --------------- 
 Other (please specify):______________ 
------------------------------------------------------------------------  --------------- 
 
  3. Full name of person(s) 
  subject to notification                        Asset Value Investors Limited 
  obligation: 
----------------------------------  ----------------------------------------------------- 
 
  4. Full name of shareholder(s)           StateStreet Nominees ASV0 - AVI Value 
  (Registered Holders)                     Fund (317,846) 
                                           StateStreet Nominees 01RP - (64,432) 
                                           BNY Nominees 392213 - CF AVI Global 
                                           Fund (159,828) 
                                           Chase Nominees 11429 - British Empire 
                                           Trust (985,175) 
                                           Chase Nominees 32072 - (59,571) 
                                           NorTrust Nominees A/C YUE03 (192,445) 
                                           BNY Mellon Nominees COLF1283002 (84,200) 
                                           NON VOTING 
----------------------------------  ----------------------------------------------------- 
 
  5. Date of transaction              23 February 2012 
  (and date on which the 
  threshold is crossed or 
  reached if different): 
----------------------------------  ----------------------------------------------------- 
 
  6. Date on which issuer             24 February 2012 
  notified: 
----------------------------------  ----------------------------------------------------- 
 
  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 shares      to the triggering         transaction 
  If possible    transaction 
  use ISIN 
  code 
-------------  ------------------------  --------------------------------------------------------- 
                Number       Number       Number       Number of voting      Percentage of 
                 of shares    of voting    of shares    rights                voting rights 
                              rights 
-------------  -----------  -----------  -----------  --------------------  ---------------------- 
 
                                                        Direct    Indirect    Direct    Indirect 
-------------  -----------  -----------  -----------  --------  ----------  --------  ------------ 
 
  US76083G3020 1,563,497 1,490,801 1,863,497 1,779,297 0 9.18% 
  0% 
  Ordinary Shares 
-------------------------------------------------------------------------------------------------- 
 
 
 
 B: Financial Instruments 
----------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/      No. of voting           Percentage 
  instrument          date         conversion     rights that             of voting 
                                   period/date    may be acquired         rights 
                                                  (if the instrument 
                                                  exercised/converted) 
------------------  -----------  -------------  ----------------------  ----------- 
 
  N / A 
------------------  -----------  -------------  ----------------------  ----------- 
 
 
 Total (A+B) 
---------------------------------------------------------- 
 Number of voting rights       Percentage of voting rights 
----------------------------  ---------------------------- 
                   1,779,297               9.18% 
----------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting 
  rights and /or the financial instruments are effectively held, 
  if applicable: 
---------------------------------------------------------------- 
 
 
 
 Proxy Voting: 
----------------------------------- 
 10. Name of 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:    Asset Value Investors acts as 
                                 discretionary manager for British 
                                 Empire which has a disclosable 
                                 holding of 5.08%. 
-----------------------------  ----------------------------------- 
 14 Contact name:               Asset Value Investors Limited 
                                 Daniel Sadler 
-----------------------------  ----------------------------------- 
 15. Contact telephone name:    0207 659 4819 
-----------------------------  ----------------------------------- 
 

For notes on how to complete form TR-1 please see the FSA website.

This information is provided by RNS

The company news service from the London Stock Exchange

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