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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Solo Oil Plc | LSE:SOLO | London | Ordinary Share | GB00BF1BK408 | ORD 0.20P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.85 | 1.80 | 1.90 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSOLO
RNS Number : 5130O
Solo Oil Plc
07 November 2016
For immediate release
7 November 2016
Solo Oil Plc
("Solo" or the "Company")
Holding(s) in Company
The Board of Solo announces that the Company has received the following TR-1 notification which is set out below without amendment.
For further information:
Solo Oil plc Neil Ritson Daniel Maling +44 (0) 20 3794 9230 Beaumont Cornish Nominated Adviser and Joint Broker Roland Cornish (www.beaumontcornish.com) +44 (0) 20 7628 3396 Shore Capital Joint Broker Jerry Keen +44 (0) 20 7408 4090 Beaufort Securities Joint Broker Jon Belliss Cassiopeia Services +44 (0) 20 7382 8300 Ltd Investor and Media Relations Stefania Barbaglio +44 (0) 79 4969 0338 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) -------------------------------------------------- 1. Identity of the issuer or SOLO OIL 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) EPSILON INVESTMENTS PTE LTD subject to the notification obligation: (iii) ----------------------------------------------------------- --------------------------------- 4. Full name of shareholder(s) (if different from 3.):(iv) ----------------------------------------------------------- --------------------------------- 5. Date of the transaction 4 NOVEMBER 2016 and date on which the threshold is crossed or reached: (v) ----------------------------------------------------------- --------------------------------- 6. Date on which issuer 7 NOVEMBER 2016 notified: ----------------------------------------------------------- --------------------------------- 7. Threshold(s) that is/are 11%, 10% AND 9% 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 voting % of voting of of of shares rights rights (x) Shares Voting Rights ------------- ---------------- ---------------- -------------- ----------------------------- ---------------------- Direct Direct Indirect Direct Indirect (xi) (xii) ------------- ------------ ------------ -------------- -------------- ------------- --------- ----------- GB00B1TYBN97 745,030,433 745,030,433 600,977,210 600,977,210 8.60% ------------- ---------------- ---------------- -------------- -------------- ------------- --------- ----------- B: Qualifying Financial Instruments ------------------------------------------------------------------------------------------------------------------------ Resulting situation after the triggering transaction ------------------------------------------------------------------------------------------------------------------------ Type of Expiration Exercise/ Number of % of voting financial date Conversion voting rights instrument (xiii) Period (xiv) rights that 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 % of voting financial price date Conversion voting rights rights (xix, instrument (xvii) period instrument xx) (xviii) refers to --------------- -------------- -------------- ---------------- ---------------- ----------------------------------- Nominal Delta --------------- -------------- -------------- ---------------- ---------------- ------------- -------------------- Total (A+B+C) ------------------------------------------------------------------------------------------------------------------------ Number of voting rights Percentage of voting rights --------------------------------------------------- ------------------------------------------------------------------- 600,977,210 8.60% --------------------------------------------------- ------------------------------------------------------------------- 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: SUJATHA PANICKER ------------------------------------------------------------- ----------------- 15. Contact telephone number: +67 34 6350 ------------------------------------------------------------- -----------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLFSIFEWFMSESF
(END) Dow Jones Newswires
November 07, 2016 07:09 ET (12:09 GMT)
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