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CASP Caspian Sunrise Plc

2.75
-0.25 (-8.33%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Caspian Sunrise Plc LSE:CASP London Ordinary Share GB00B1W0VW36 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -8.33% 2.75 2.70 2.80 3.00 2.70 3.00 9,592,665 16:11:34
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 42.95M 9.76M 0.0043 6.40 61.89M

Caspian Sunrise plc Shareholding Update (1999N)

04/08/2017 4:12pm

UK Regulatory


Caspian Sunrise (LSE:CASP)
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From Apr 2019 to Apr 2024

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TIDMCASP

RNS Number : 1999N

Caspian Sunrise plc

04 August 2017

Caspian Sunrise PLC ("Caspian Sunrise" or the "Company")

formerly Roxi Petroleum Plc

Shareholding update

Introduction

Caspian Sunrise PLC (formerly Roxi Petroleum plc) ("Caspian Sunrise"), the Central Asian oil and gas company, with a focus on Kazakhstan, has been informed of the following changes in the shareholdings of the Company.

On completion of the Baverstock Merger 651,436,544 new Caspian Sunrise shares of 1 pence each ("Shares") were issued to Baverstock GmbH ("Baverstock"). These together with their existing 98,000,000 Shares in Caspian Sunrise brought the total shareholding of Baverstock to 749,436,544 (44.9%). The total number Shares in issue were then and remain 1,669,673,820.

As previously announced to aid transparency it is planned that the four Baverstock Quota-holders split out their individual holdings pro rata to their individual interests in Baverstock.

While work to allow this to happen continues Baverstock has sold 11,922,500 Shares at a price of 10 pence per Share from the effective interests of one of the Quota-holders, Mr Dosbol Zholdybayev, who had a 13.61% interest in Baverstock.

This reduces Mr Zholdybayev's effective holding in the Company from 101,998,314 shares (6.11%) to 90,075,814 shares (5.4%) and reduces Baverstock's interest from 749,436,544 shares (44.9%) to 737,516,044 shares (44.2%).

For the avoidance of doubt all the other Baverstock Quota-holders effective interests in Caspian Sunrise, including those of the Caspian Sunrise CEO Kuat Oraziman, remain unchanged.

Ends

 
 Caspian Sunrise PLC 
 Clive Carver 
  Executive Chairman                  +7 727 375 0202 
 
 WH Ireland, Nominated Adviser 
  & Broker 
 James Joyce 
  James Bavister                      +44 (0) 207 220 1666 
 
 Abchurch Communications 
 Tim Thompson                         +44 (0) 207 398 7719 
 CaspianSunrise@abchurch-group.com 
 

This announcement has been posted to:

www.caspiansunrise.com/investors

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUGURURUPMGAC

(END) Dow Jones Newswires

August 04, 2017 11:12 ET (15:12 GMT)

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