Angus Energy PLC Holding(s) in Company (6647X)

TIDMANGS

RNS Number : 6647X

Angus Energy PLC

13 August 2018

   For immediate release                                                     13 August 2018 

Angus Energy plc

("Angus Energy" or the "Company")

Holdings in Company

Angus Energy has received the following TR-1 forms which are reproduced without material amendment below:

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                                 ANGUS ENERGY 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)                                                       Bergen Asset Management, LLC 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------------  ------------------------------------------------------------ 
 4. Full name of shareholder(s)                                                 BNP Paribas Securities Services 
  (if different from 3.):(iv)                                                    as Custodian for Bergen Global 
                                                                                     Opportunity Fund, LP. 
---------------------------------------------------------------  ------------------------------------------------------------ 
 5. Date of the transaction                                                              8 August 2018 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------------  ------------------------------------------------------------ 
 6. Date on which issuer                                                                10 August 2018 
  notified: 
---------------------------------------------------------------  ------------------------------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or                                                                      3%, 4%, 5%, 6%, 7%, 8%, 9%, 
  reached: (vi, vii)                                                                10%, 11%, 12%, 13%, 14% 
---------------------------------------------------------------  ------------------------------------------------------------ 
 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            rights                  rights (x) 
              Shares             Voting                         shares 
                                 Rights 
-----------  -----------------  -----------------------------  -----------  ----------------------  ------------------------- 
                                                                Direct       Direct     Indirect     Direct   Indirect 
                                                                             (xi)        (xii) 
-----------        -----------      -----------  ------------  -----------  ---------  -----------  -------  ---------------- 
 
              Below              Below 
               3%                 3%                                                    56,304,348            14.75% 
-----------  -----------------  -----------------------------  -----------  ---------  -----------  -------  ---------------- 
 
 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 voting               % of voting 
 financial       price             date            Conversion                   rights instrument              rights (xix, 
 instrument                        (xvii)          period                       refers to                      xx) 
                                                   (xviii) 
-------------  -----------------  -------------  ---------------------------  -----------------------------  ---------------- 
                                                                                                              Nominal   Delta 
-------------  -----------------  -------------  ---------------------------  -----------------------------  --------  ------ 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                            Percentage of voting rights 
-----------------------------------------------------------------  ---------------------------------------------------------- 
 
   56,304,348                                                         14.75% 
-----------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------- 
 
   Bergen Asset Management, LLC is ultimately controlled 
   by Mr. Eugene Tablis 
 
 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:                                              Cory Burns, CFO/COO 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  [phone] 
-------------------------------------------------------------  -------------------- 
 
 

Enquiries:

 
 Angus Energy Plc 
-----------------------------  -------------------------- 
 Paul Vonk                      Tel: [phone] 
-----------------------------  -------------------------- 
 
 Beaumont Cornish (NOMAD) 
-----------------------------  -------------------------- 
 James Biddle/ Roland Cornish   Tel: [phone] 
-----------------------------  -------------------------- 
 
 
 Optiva Securities Limited 
  (BROKER) 
-----------------------------  -------------------------- 
 Jeremy King/ Ed McDermott      Tel: [phone] 
-----------------------------  -------------------------- 
 
 Yellow Jersey 
-----------------------------  -------------------------- 
 Tim Thompson                   Tel: [phone] 
-----------------------------  -------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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August 13, 2018 12:17 ET (16:17 GMT)