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 AMENDED.
UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A
REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO
BE IN THE PUBLIC DOMAIN.
3 July
2024
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 notifications as set out below without amendment.
The Board understands that this is due to intercompany transfers by
Aleph Commodities Ltd and Aleph Fin C Ltd,
with Aleph directors and partners increasing their personal
holdings in Angus, resulting in a holding by Aleph Commodities Ltd
of 6.18% and a holding in Aleph Fin C Ltd of <3%.
END
For further information on the
Company, please visit www.angusenergy.co.uk
or contact:
Enquiries:
Angus Energy
Plc
www.angusenergy.co.uk
Richard
Herbert
Chief Executive Director
Via Flagstaff
Beaumont Cornish Limited
(Nomad) www.beaumontcornish.com
James Biddle / Roland Cornish
Tel: +44 (0) 207 628 3396
SP Angel
Corporate Finance LLP (Broker)
www.spangel.co.uk
Stuart Gledhill / Caroline Rowe / Richard
Hail Tel: +44 (0)20 3470 0470
Flagstaff PR/IR
angus@flagstaffcomms.com
Tim Thompson / Fergus Mellon /
Alison Alfrey Tel: +44 (0) 207 129 1474
About Angus Energy plc
Angus Energy plc is a UK AIM quoted
independent onshore Energy Transition company with a complementary
portfolio of clean gas development assets, onshore geothermal
projects, and legacy oil producing fields. Angus is focused on
becoming a leading onshore UK energy infrastructure company. Angus
Energy has a 100% interest in the Saltfleetby Gas Field (PEDL005),
majority owns and operates conventional oil production fields at
Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the
Balcombe Licence (PEDL244). Angus Energy operates all fields in
which it has an interest.
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: Standard 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 underlying issuer of existing shares
to which voting rights are attached ii:
|
ANGUS
ENERGY PLC
|
|
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
|
Aleph Commodities Ltd
|
|
City and country of registered
office (if applicable)
|
|
|
4.
Full name of shareholder(s) (if
different from 3.) v
|
|
Name
|
Aleph Commodities Ltd
|
|
City and country of registered
office (if applicable)
|
1 Knightsbridge Green, London SW1X
7QA
|
|
5.
Date on which the threshold was crossed or reached
vi:
|
02-07-2024
|
|
6.
Date on which issuer notified
(DD/MM/YYYY):
|
02-07-2024
|
|
7.
Total positions of person(s) subject to the notification
obligation
|
|
|
% of
voting rights attached to shares (total of 8. A)
|
%
of voting rights through
financial instruments
(total of 8.B 1 + 8.B 2)
|
Total of
both in % (8.A + 8.B)
|
Total number of voting rights held
in issuer (8.A + 8.B) vii
|
|
Resulting situation on the date on
which threshold was crossed or reached
|
6.18
|
|
6.18
|
263,431,484
|
|
Position of previous notification
(if
applicable)
|
8.11
|
|
8.11
|
356,166,971
|
|
|
|
|
|
|
|
|
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
shares
ISIN code (if possible)
|
Number of voting rights ix
|
%
of voting rights
|
|
Direct
(DTR5.1)
|
Indirect
(DTR5.2.1)
|
Direct
(DTR5.1)
|
Indirect
(DTR5.2.1)
|
|
ORDINARY SHARES
GB00BYWKC989
|
263,431,484
|
N/A
|
6.18
|
N/A
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL 8. A
|
263,431,484
|
6.18
|
|
|
|
B
1: Financial Instruments according to DTR5.3.1R (1)
(a)
|
|
Type of financial instrument
|
Expiration
date x
|
Exercise/
Conversion Period xi
|
Number of voting rights that may be acquired if the instrument
is
exercised/converted.
|
%
of voting rights
|
|
N/A
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL 8. B 1
|
|
|
|
|
|
B
2: Financial Instruments with similar economic effect according to
DTR5.3.1R (1) (b)
|
|
Type of financial instrument
|
Expiration
date x
|
Exercise/
Conversion Period xi
|
Physical or cash
Settlement xii
|
Number of voting rights
|
%
of voting rights
|
|
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 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
|
X
|
|
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 if it
equals or is higher than the notifiable threshold
|
% of voting rights through
financial instruments if it equals or is higher than the notifiable
threshold
|
Total of both if it equals or
is higher 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
held
|
N/A
|
|
The date until which the voting
rights will be held
|
N/A
|
|
|
|
11.
Additional information xvi
|
|
N/A
|
|
|
|
|
|
|
Place of completion
|
London
|
|
Date of completion
|
02 July 2024
|
TR-1: Standard 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 underlying issuer of existing shares
to which voting rights are attached ii:
|
ANGUS
ENERGY PLC
|
|
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
|
Aleph Fin C Ltd
|
|
City and country of registered
office (if applicable)
|
|
|
4.
Full name of shareholder(s) (if
different from 3.) v
|
|
Name
|
Aleph Fin C Ltd
|
|
City and country of registered
office (if applicable)
|
1 Knightsbridge Green, London SW1X
7QA
|
|
5.
Date on which the threshold was crossed or reached
vi:
|
02-07-2024
|
|
6.
Date on which issuer notified
(DD/MM/YYYY):
|
02-07-2024
|
|
7.
Total positions of person(s) subject to the notification
obligation
|
|
|
% of
voting rights attached to shares (total of 8. A)
|
%
of voting rights through
financial instruments
(total of 8.B 1 + 8.B 2)
|
Total of
both in % (8.A + 8.B)
|
Total number of voting rights held
in issuer (8.A + 8.B) vii
|
|
Resulting situation on the date on
which threshold was crossed or reached
|
<3%
|
|
<3%
|
86,450,114
|
|
Position of previous notification
(if
applicable)
|
3.49
|
|
3.49
|
154,635,717
|
|
|
|
|
|
|
|
|
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
shares
ISIN code (if possible)
|
Number of voting rights ix
|
%
of voting rights
|
|
Direct
(DTR5.1)
|
Indirect
(DTR5.2.1)
|
Direct
(DTR5.1)
|
Indirect
(DTR5.2.1)
|
|
ORDINARY SHARES
GB00BYWKC989
|
86,450,114
|
N/A
|
<3%
|
N/A
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL 8. A
|
86,450,114
|
<3%
|
|
|
|
B
1: Financial Instruments according to DTR5.3.1R (1)
(a)
|
|
Type of financial instrument
|
Expiration
date x
|
Exercise/
Conversion Period xi
|
Number of voting rights that may be acquired if the instrument
is
exercised/converted.
|
%
of voting rights
|
|
N/A
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL 8. B 1
|
|
|
|
|
|
B
2: Financial Instruments with similar economic effect according to
DTR5.3.1R (1) (b)
|
|
Type of financial instrument
|
Expiration
date x
|
Exercise/
Conversion Period xi
|
Physical or cash
Settlement xii
|
Number of voting rights
|
%
of voting rights
|
|
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 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
|
X
|
|
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 if it
equals or is higher than the notifiable threshold
|
% of voting rights through
financial instruments if it equals or is higher than the notifiable
threshold
|
Total of both if it equals or
is higher 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
held
|
N/A
|
|
The date until which the voting
rights will be held
|
N/A
|
|
|
|
11.
Additional information xvi
|
|
N/A
|
|
|
|
|
|
|
Place of completion
|
London
|
|
Date of completion
|
02 July 2024
|
