Holding(s) in Company (7744P)

TIDMEO.

RNS Number : 7744P

EnCore Oil PLC

07 October 2011

For immediate release: 7 October 2011

EnCore Oil plc ('EnCore' or 'the Company')

 
 TR-1: Notifications of Major Interests in Shares 
------------------------------------------------- 
 
 
 1. Identity of the issuer or the underlying     Encore Oil Plc 
  issuer of existing shares to which voting 
  rights are attached: 
----------------------------------------------  ------------------------------ 
 2. Reason for notification (yes/no) 
------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                          YES 
-------------------------------------------------------------------  --------- 
 An acquisition or disposal of financial instruments                  NO 
  which may result in the acquisition of shares already 
  issued to which voting rights are attached 
-------------------------------------------------------------------  --------- 
 An event changing the breakdown of voting rights                     NO 
-------------------------------------------------------------------  --------- 
 Other (please specify):______________                                NO 
-------------------------------------------------------------------  --------- 
 3. Full name of person(s) subject      Ingalls & Snyder LLC ("I&S"). 
  to notification obligation: 
-------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s)         I I&S, on behalf of its clients, 
  (if different from 3):                 has dispositive authority over 
                                         (i.e. the power and authorisation 
                                         to sell at I&S's discretion) 
                                         6,284,219 shares. I & S does 
                                         not hold voting authority over 
                                         these shares. 
-------------------------------------  --------------------------------------- 
 5. Date of transaction (and date       October 6, 2011 
  on which the threshold is crossed 
  or reached if different): 
-------------------------------------  --------------------------------------- 
 6. Date on which issuer notified:      October 6, 2011 
-------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are crossed    Interest of less than 3% of 
  or reached:                            issued share capital. 
-------------------------------------  --------------------------------------- 
 
 
 
 8: Notified Details 
----------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
----------------------------------------------------------------------------------------------------- 
 Class/type of 
 shares If       Situation previous 
 possible use     to the triggering       Resulting situation after the triggering 
 ISIN code        transaction              transaction 
--------------  -----------------------  ------------------------------------------------------------ 
                             Number 
                 Number of    of voting   Number of   Number of voting         Percentage of 
                 shares       rights      shares       rights                   voting rights 
--------------  ----------  -----------  ----------  -----------------------  ----------------------- 
                                                      Direct        Indirect   Direct        Indirect 
--------------  ----------  -----------  ----------  ------------  ---------  ------------  --------- 
                                                                               2.14% 
                                                                               (Note: For 
                                                                               these 
                                                                               purposes we 
                                                                               have 
                                                      See note 4               assumed 
                                                      above. I&S               that 
                                                      has                      dispositive 
                                                      dispositive              authority 
                                                      authority                is 
 Ordinary                                             over                     equivalent 
  Shares ISIN                                         6,284,219                to voting 
  GB00B06KL332   8,784,219   -            6,284,219   shares.       -          rights).      - 
--------------  ----------  -----------  ----------  ------------  ---------  ------------  --------- 
 
 
 B: Financial Instruments N/A 
------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------ 
 Type of         Expiration   Exercise/      No. of voting rights   Percentage 
 financial        date         conversion    that may be acquired    of voting 
 instrument                    period/date   (if the instrument      rights 
                                             exercised/converted) 
--------------  -----------  -------------  ---------------------  ----------- 
 
 
 
 Total (A+B) 
------------------------------------------------------------------------- 
 Number of voting rights               Percentage of voting rights 
------------------------------------  ----------------------------------- 
 6,284,219 (Note: For these purposes   2.14% (Note: For these purposes 
  we have assumed that dispositive      we have assumed that dispositive 
  authority is equivalent to voting     authority is equivalent to voting 
  rights.)                              rights). 
------------------------------------  ----------------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting 
  rights and /or the financial instruments are effectively held, 
  if applicable: 
---------------------------------------------------------------- 
 N/A 
---------------------------------------------------------------- 
 
 
 Proxy Voting: 
----------------------------------------- 
 10. Name of proxy holder:            N/A 
-----------------------------------  ---- 
 11. Number of voting rights proxy    N/A 
  holder will cease to hold: 
-----------------------------------  ---- 
 12. Date on which proxy holder       N/A 
  will cease to hold voting rights: 
-----------------------------------  ---- 
 
 
 13. Additional information: 
-----------------------------  --------------------- 
 14 Contact name:               Frank Stolba 
-----------------------------  --------------------- 
 15. Contact telephone name:    (001) [phone] 
-----------------------------  --------------------- 
 

For further information, please contact:

 
 EnCore Oil plc                               www.encoreoil.co.uk 
 Alan Booth, Chief Executive Officer          [phone] 
 Eugene Whyms, Chief Financial Officer 
 Yvonne Fraser, Investor Relations Manager    [phone] 
 
 Cenkos Securities plc 
 Jon Fitzpatrick                              [phone] 
 Ken Fleming                                  [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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