Angus Energy PLC Holding(s) in Company (5201V)

TIDMANGS

RNS Number : 5201V

Angus Energy PLC

04 December 2019

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) ("MAR"). THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

4 December 2019

Angus Energy Plc

("Angus Energy" or the "Company")

Holdings in Company

The Company has received the following TR-1 notification set out below without amendment.

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

 
 1. Identity of the issuer or the        Angus Energy plc 
  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 
 
 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) subject         Rupert Labrum 
  to the notification obligation: (iii) 
 4. Full name of shareholder(s) 
  (if different from 3.): (iv) 
                                          -------------- 
 5. Date of the transaction and date        02/12/2019 
  on which the threshold is crossed 
  or reached: (v) 
                                          -------------- 
 6. Date on which issuer notified:          02/12/2019 
                                          -------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                           7.00% 
                                          -------------- 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 Class/type        Situation previous     Resulting situation after the triggering 
  of                to the triggering      transaction 
  shares            transaction 
 
  if possible 
  using 
  the ISIN CODE 
                  ---------------------  -------------------------------------------------------- 
                   Number      Number     Number       Number of voting      % of voting rights 
                    of          of         of shares    rights                (x) 
                    Shares      Voting 
                                Rights 
                  ----------  ---------  -----------  --------------------  --------------------- 
                                          Direct       Direct     Indirect   Direct     Indirect 
                                                        (xi)       (xii) 
                  ----------  ---------  -----------  ---------  ---------  ---------  ---------- 
                   6.1%        6.1%       40,000,000   40000000              7.4% 
                  ----------  ---------  -----------  ---------  ---------  ---------  ---------- 
 
 
 B: Qualifying Financial Instruments 
 Resulting situation after the triggering transaction 
 Type of financial   Expiration     Exercise/       Number of voting         % of voting 
  instrument          date (xiii)    Conversion      rights that              rights 
                                     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 financial   Exercise   Expiration     Exercise/     Number of voting     % of voting 
  instrument          price      date (xvii)    Conversion    rights instrument    rights (xix, 
                                                period        refers to            xx) 
                                                (xviii) 
                    ---------  -------------  ------------  -------------------  ---------------- 
                                                                                  Nominal   Delta 
                    ---------  -------------  ------------  -------------------  --------  ------ 
 
 
 
 Total (A+B+C) 
 Number of voting rights   Percentage of voting rights 
                          ---------------------------- 
 40000000                  7.4% 
                          ---------------------------- 
 
 
 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:                Rupert Labrum 
                                --------------- 
 15. Contact telephone number: 
                                --------------- 
 

END.

Enquiries:

 
 Angus Energy Plc               www.angusenergy.co.uk 
 George Lucan                   Tel: +44 (0) 208 
                                 899 6380 
 
 
 Beaumont Cornish (Nomad)       www.beaumontcornish.com 
 James Biddle/ Roland Cornish   Tel: +44 (0) 207 
                                 628 3396 
 
 WH Ireland Limited (Broker) 
 Katy Mitchell/ Harry Ansell    Tel: +44 (0) 113 
                                 394 6600 
 
 Flagstaff PR/IR                [e-mail] 
 Tim Thompson                   Tel: +44 (0) 207 
                                 129 1474 
 Fergus Mellon 
 

Notes

About Angus Energy plc. Angus Energy plc. is a UK AIM quoted independent onshore oil and gas production and development company focused on leveraging its expertise to advance its portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244) and a 12.5% interest in the PEDL143 Licence (A24 Prospect).

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December 04, 2019 02:01 ET (07:01 GMT)