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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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSOLO
RNS Number : 7423P
Solo Oil Plc
21 November 2016
For immediate release
21 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 18 NOVEMBER 2016 and date on which the threshold is crossed or reached: (v) ----------------------------------------------------------- ----------------------------- 6. Date on which issuer 21 NOVEMBER 2016 notified: ----------------------------------------------------------- ----------------------------- 7. Threshold(s) that is/are crossed or reached: (vi, vii) 7%, 6%, 5% ----------------------------------------------------------- ----------------------------- 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) ------------- ------------ ------------ ---------------- ------------ ------------- --------- ---------- GB00B1TYBN97 511,858,962 511,858,962 280,573,669 280,573,669 4.02% ------------- ---------------- ---------------- ---------------- ------------ ------------- --------- ---------- 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 % 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 --------------------------------------------------- ------------------------------------------------------------------ 280,573,669 4.02% --------------------------------------------------- ------------------------------------------------------------------ 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
HOLFEMFIFFMSELF
(END) Dow Jones Newswires
November 21, 2016 10:48 ET (15:48 GMT)
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