Holding(s) in Company (8885P)

TIDMEO.

RNS Number : 8885P

EnCore Oil PLC

10 October 2011

For immediate release: 10 October 2011

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

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the                     Encore Oil 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                             YES 
---------------------------------------------------------------------  ------- 
 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                 BlackRock, Inc. 
  to the 
  notification obligation: (iii) 
------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date             5(th) October 2011 
  on 
  which the threshold is crossed or 
  reached: (v) 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:               7(th) October 2011 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed          Holding has gone below 8% 
  or 
  reached: (vi, vii) 
------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------ 
 Class/type of 
 shares if 
 possible        Situation previous 
 using the        to the triggering                  Resulting situation after the triggering 
 ISIN CODE        transaction                         transaction 
--------------  ----------------------------------  -------------------------------------------------------------- 
                                Number 
                 Number          of                  Number 
                  of             Voting              of       Number of voting         % of voting rights 
                  Shares         Rights              shares    rights                   (x) 
--------------  -------------  -------------------  -------  -----------------------  ---------------------------- 
                                                              Direct        Indirect 
                                                     Direct    (xi)          (xii)     Direct         Indirect 
--------------  ----  -------  ------  -----  ----  -------  ------------  ---------  -------------  ------------- 
 GB00B06KL332    23,299,963     23,299,963           N/A      N/A           N/A        N/A            Below 5% 
                -------------  -------------------  -------  ------------  ---------  -------------  ------------- 
 
 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         refers to 
                                                (xviii) 
--------------  -------------  -------------  -------------  ---------------------------  ------------------------ 
 CFD                                                          N/A                          Nominal     CFD 
--------------  -------------  -------------  -------------  ---------------------------  ----------  ------------ 
                                                                                           Below       Below 
                                                                                            5%          5% 
--------------  ----  -------  ------  -----  ----  -------  ----  ------  ---------      ----------  ------------ 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  ----------------------------------------------------- 
 N/A                                                          Below 5% 
-----------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------ 
 BlackRock Investment Management (UK) Limited - (Below 5%) 
 
 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: 
-------------------------------------------------  --------------------------- 
 
                                         BlackRock International Threshold 
 13. Additional information:              Reporting Team 
--------------------------------------  -------------------------------------- 
 14. Contact name:                       Andrew Manchester 
--------------------------------------  -------------------------------------- 
 15. Contact telephone number:           020 7743 5773 
--------------------------------------  -------------------------------------- 
 
 

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

END

HOLFBLFFFBFFFBB