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SOLO Solo Oil Plc

1.85
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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

Solo Oil Plc Holding(s) in Company (7423P)

21/11/2016 3:48pm

UK Regulatory


Solo Oil (LSE:SOLO)
Historical Stock Chart


From Mar 2019 to Mar 2024

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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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