Baron Oil PLC Holding(s) in Company (6012T)
25 November 2021 - 08:57PM
UK Regulatory
TIDMBOIL
RNS Number : 6012T
Baron Oil PLC
25 November 2021
25 November 2021
Baron Oil Plc
("Baron" or the "Company")
Holding(s) in Company
Baron Oil Plc (AIM:BOIL) announces that it was notified on 25
November 2021 that a transfer of 1,157,202,885 Baron ordinary
shares of 0.025 pence each ("Ordinary Shares") from SundaGas Pte.
Ltd ("SGPL") to Andrew Butler and Paul Ebdale was completed on 24
November 2021.
Andrew Butler and Paul Ebdale are the owners of SGPL and so
there has been no change in the ultimate beneficial ownership of
these shares. A Deed of Adherence to the Relationship Agreement
Deed of 17 June 2021 has been signed whereby Andrew Butler and Paul
Ebdale will assume all of the obligations pursuant to the
Relationship Agreement, the key provisions of which were described
in the Company's announcement of 18 June 2021.
Following this transfer of Ordinary Shares, Andrew Butler is now
beneficially interested in 578,601,442 Ordinary Shares, equivalent
to 4.99% of the voting rights in the Company and Paul Ebdale is now
interested in 578,601,443 Ordinary Shares, equivalent to 4.99% of
the voting rights in the Company. SGPL no longer holds any Ordinary
Shares.
For further information, please contact:
Baron Oil Plc +44 (0) 20 7117 2849
Andy Yeo, Chief Executive
Allenby Capital Limited +44 (0) 20 3328 5656
Nominated Adviser and Joint Broker
Alex Brearley, Nick Harriss, Nick Athanas (Corporate
Finance)
Kelly Gardiner (Sales and Corporate Broking)
Turner Pope Investments (TPI) Limited +44 (0) 20 3657 0050
Andy Thacker (Joint Broker)
IFC Advisory Limited +44 (0) 20 3934 6630
Financial PR and IR
Tim Metcalfe, Florence Chandler
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END
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