Holding(s) in Company (0005S)

TIDMEO.

RNS Number : 0005S

EnCore Oil PLC

14 November 2011

For immediate release: 14 November 2011

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

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 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 
------------------------------------------------------------------------ 
 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           X 
  effect to qualifying financial instruments 
------------------------------------------------------------------------ 
 An event changing the breakdown of voting rights 
------------------------------------------------------------------------ 
 Other (please 
  specify): 
-----------------  ----------------------------------------------------- 
 3. Full name of person(s) subject            BTG Pactual Absolute Return II 
  to the notification obligation:                          Master Fund, L.P. 
  (iii) 
                                         ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
                                         ----------------------------------- 
 5. Date of the transaction and                           10, November, 2011 
  date on which the threshold 
  is crossed or 
  reached: (v) 
                                         ----------------------------------- 
 6. Date on which issuer notified:                        11, November, 2011 
                                         ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                      4% 
                                         ----------------------------------- 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 Class/type    Situation previous                          Resulting situation after the triggering 
 of shares      to the triggering                           transaction 
                transaction 
 if possible 
 using 
 the ISIN 
 CODE 
              ------------------------------------------  ------------------------------------------------------------ 
               Number                 Number               Number     Number of voting           % of voting 
                of Shares              of Voting           of          rights                     rights (x) 
                                       Rights              shares 
              ---------------------  -------------------  ---------  -------------------------  ---------------------- 
                                                           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 
  instrument            date (xiii)           Conversion Period                rights that may                 voting 
                                              (xiv)                            be                              rights 
                                                                               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 
  financial      price          date (xvii)          Conversion        rights instrument          rights (xix, 
  instrument                                         period            refers to                  xx) 
                                                     (xviii) 
               -------------  -------------------  ----------------  -------------------------  ---------------------- 
 CFD                           01/Jul/2016                            11,733,958                 Nominal      Delta 
               -------------  -------------------  ----------------  -------------------------  -----------  --------- 
                                                                                                 4.01         4.01 
            ----------------------------------------------------------------------------------  -----------  --------- 
 
 Total (A+B+C) 
 Number of voting rights                                             Percentage of voting rights 
                                                                    -------------------------------------------------- 
 11,733,958                                                          4.01 
                                                                    -------------------------------------------------- 
 
 
 
 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:                        BTG Pactual Compliance Team 
 14. Contact name:                                                 Eduardo Pinto 
                                          -------------------------------------- 
 15. Contact telephone number:                                  [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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