TIDMANGS

RNS Number : 8497S

Angus Energy PLC

08 November 2023

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO . 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMED . UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN .

8 November 2023

Angus Energy Plc

("Angus Energy", the "Company" or together with its subsidiaries, the "Group")

(AIM:ANGS)

Holding in Company

The Company has received the following TR-1 notification as set out below without amendment, resulting in a holding by Kemexon Ltd of 23.68%.

   For further information on the Company, please visit   www.angusenergy.co.uk or contact: 

Enquiries:

   Angus Energy Plc                                             www.angusenergy.co.uk 
   Richard Herbert                                                  Tel: +44 (0) 208 899 6380 
   Beaumont Cornish Limited (Nomad)      www.beaumontcornish.com 
   James Biddle / Roland Cornish                   Tel: +44 (0) 207 628 3396 

WH Ireland Limited (Broker)

   Katy Mitchell / Harry Ansell                         Tel: +44 (0) 207 220 1666 
   Flagstaff PR/IR                                          angus@flagstaffcomms.com 
   Tim Thompson / Fergus Mellon                 Tel: +44 (0) 207 129 1474 

Disclaimers - this Announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "forecasts", "plans", "prepares", "anticipates", "projects", "expects", "intends", "may", "will", "seeks", "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this Announcement and include statements regarding the Company's and the Directors' intentions, beliefs or current expectations concerning, amongst other things, the Company's prospects, growth and strategy. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. The Company's actual performance, achievements and financial condition may differ materially from those expressed or implied by the forward-looking statements in this Announcement. In addition, even if the Company's results of operations, performance, achievements and financial condition are consistent with the forward-looking statements in this Announcement, those results or developments may not be indicative of results or developments in subsequent periods. Any forward-looking statements that the Company makes in this Announcement speak only as of the date of such statement and (other than in accordance with their legal or regulatory obligations) neither the Company, nor the Bookrunner nor Beaumont Cornish nor any of their respective associates, directors, officers or advisers shall be obliged to update such statements. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.

Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in relation to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to clients of Beaumont Cornish Limited, or for providing advice in relation to the contents of this announcement or any matter referred to in it.

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                           ANGUS ENERGY PLC 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                        ---------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                ------------------ 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                             X 
                                                                                                ------------------ 
 An acquisition or disposal of financial instruments 
                                                                                                ------------------ 
 An event changing the breakdown of voting rights 
                                                                                                ------------------ 
 Other (please specify) (iii) : 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                    Ludwig Bricout 
 City and country of registered office 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                    Kemexon Ltd 
                                                        ---------------------------------------------------------- 
 City and country of registered office                   39 Queen's Road, Central, Hong Kong 
  (if applicable) 
                                                        ---------------------------------------------------------- 
 5. Date on which the threshold was                      06-11-2023 
  crossed or reached (vi) : 
                                                        ---------------------------------------------------------- 
 6. Date on which issuer notified                        08-11-2023 
  (DD/MM/YYYY): 
                                                        ---------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                                     % of voting         % of voting rights    Total of both     Total number 
                                   rights attached       through financial       in % (8.A +      of voting rights 
                                   to shares (total         instruments             8.B)          held in issuer 
                                       of 8. A)            (total of 8.B                          (8.A + 8.B) 
                                                             1 + 8.B 2)                           (vii) 
                              ------------------------  -------------------  -----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                            23.68                   N/A                23.68         981,195,515 
                              ------------------------  -------------------  -----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable)                           12.47                   N/A                12.47            447,762,207 
                              ------------------------  -------------------  -----------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of         Number of voting rights                 % of voting rights 
  shares                (ix) 
  ISIN code (if 
  possible) 
                            Direct             Indirect                    Direct                  Indirect 
                            (DTR5.1)           (DTR5.2.1)                  (DTR5.1)                (DTR5.2.1) 
                                          ------------------ 
 ORDINARY SHARES 
  GB00BYWKC989            981,195,515             N/A                       23.68                     N/A 
                      ------------------  ------------------  --------------------------------  -------------- 
 
 
 SUBTOTAL 8. 
  A                                 981,195,515                                  981,195,515 
                      --------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial     Expiration          Exercise/           Number of voting                  % of voting 
  instrument            date               Conversion Period    rights that may                   rights 
                        (x)                (xi)                 be acquired if 
                                                                the instrument 
                                                                is 
                                                                exercised/converted. 
                      ------------------  ------------------  --------------------------------  -------------- 
 N/A 
                      ------------------  ------------------  --------------------------------  -------------- 
 
 
                                           SUBTOTAL 8. B 
                                            1 
                                          ------------------  --------------------------------  -------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  DTR5.3.1R (1) (b) 
 Type of financial    Expiration           Exercise/           Physical      Number of           % of voting 
  instrument           date (x)            Conversion          or cash        voting rights       rights 
                                           Period (xi)         Settlement 
                                                               (xii) 
                     -------------------  ------------------  ------------  ------------------ 
 N/A 
                      ------------------  ------------------  ------------  ------------------ 
 
 
                                                               SUBTOTAL 
                                                                8.B.2 
                                                              ------------  ------------------ 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled                          X 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer (xiii) 
 Full chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (please add additional 
  rows as necessary) (xiv) 
    Name (xv)            % of voting rights           % of voting rights         Total of both if 
                           if it equals or             through financial          it equals or is 
                         is higher than the            instruments if it          higher than the 
                        notifiable threshold          equals or is higher       notifiable threshold 
                                                      than the notifiable 
                                                           threshold 
                  -------------------------------  ------------------------  ------------------------ 
 
 [--] 
                  -------------------------------  ------------------------  ------------------------ 
 
 
 
 
 10. In case of proxy voting, please identify : 
 Name of the proxy holder                           N/A 
                                                   -------------------------------------------------- 
 The number and % of voting rights                  N/A 
  held 
                                                   -------------------------------------------------- 
 The date until which the voting rights             N/A 
  will be held 
                                                   -------------------------------------------------- 
 
 11. Additional information (xvi) 
 N/A 
 
 
 
 Place of completion   London 
 Date of completion    8(th) November 2023 
                      -------------------- 
 

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