San Leon Energy PLC Holding in Company (7167U)

TIDMSLE

RNS Number : 7167U

San Leon Energy PLC

01 April 2019

1 April 2019

San Leon Energy plc

("San Leon" or the "Company")

Holding in Company

San Leon, the AIM listed company focused on oil and gas development and appraisal in Africa, was informed on 1 April 2019 that funds managed by Toscafund Asset Management LLP held 326,171,927 ordinary shares in the Company, representing 71.59% of the issued share capital of the Company, following the sale of 10,000,000 ordinary shares on 20 March 2019 and completion of the Company's tender offer last month.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Enquiries:

San Leon Energy plc

Oisin Fanning, Chief Executive (+ 353 1291 6292)

Cantor Fitzgerald Europe (Nominated adviser, financial adviser and joint broker to the Company)

Nick Tulloch ([phone])

David Porter ([phone])

Whitman Howard Limited (Financial adviser and joint broker to the Company)

Nick Lovering ([phone])

Brandon Hill Capital Limited (Joint broker to the Company)

Oliver Stansfield ([phone])

Jonathan Evans ([phone])

Vigo Communications (Financial Public Relations)

Chris McMahon ([phone])

Simon Woods ([phone])

Plunkett Public Relations

Sharon Plunkett ([phone])

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(END) Dow Jones Newswires

April 01, 2019 09:54 ET (13:54 GMT)