Cove Energy PLC Holding(s) in Company (9321K)

TIDMCOV

RNS Number : 9321K

Cove Energy PLC

28 August 2012

 
 For filings with the FSA include the 
  annex 
 For filings with issuer exclude the 
  annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                  Cove Energy Plc 
  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                ü 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
------------------  ---------------------------------------------------------  ------- 
 3. Full name of person(s) subject                Arrowgrass Capital Partners LLP 
  to the 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)                     Arrowgrass Master Fund Ltd 
  (if different from 3.):(iv) 
------------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                      17 August 2012 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                        20 August 2012 
------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed                         Below 3% 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------ 
 
 
 
 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) 
-----------    -----  ------  ------  --------  ----------  ----------------  ---------  --------------  --------------- 
 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial     Expiration      Exercise/                      Number of voting              % of voting 
  instrument            date (xiii)     Conversion Period              rights that may               rights 
                                        (xiv)                          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 rights 
 financial       price          date (xvii)      Conversion        rights instrument           (xix, xx) 
 instrument                                      period (xviii)    refers to 
-------------  -------------  ----------------  ---------------  --------------------------  --------------------------- 
                                                                                              Nominal       Delta 
-------------  -------------  ----------------  ---------------  --------------------------  ------------  ------------- 
 CFD                                                              -                                            Below 
                                                                                                                 3% 
-------------  -------------  ----------------  ---------------  --------------------------  ------------  ------------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                   Percentage of voting rights 
--------------------------------------------------------  -------------------------------------------------------------- 
 -                                                         Below 3% 
--------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 N/A 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                   N/A 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will                   N/A 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to                    N/A 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information:                               N/A 
----------------------------------------  -------------------------------------- 
 14. Contact name:                                     Kate Pickard 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                         0203 100 1000 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLBUGDIISDBGDI