TIDMEO. TIDMBARC

RNS Number : 5739V

EnCore Oil PLC

13 January 2012

For immediate release: 13 January 2012

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

TR-1: Notifications of Major Interests in Shares

 
 
 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                                   X 
---------------------------------------------------------------------------- 
 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 
  effect to qualifying financial instruments 
---------------------------------------------------------------------------- 
 An event changing the breakdown of voting rights 
---------------------------------------------------------------------------- 
 Other (please specify): 
--------------------------------  ------------------------------------------ 
 3. Full name of person(s) subject                     Barclays Plc 
  to the notification obligation: 
  (iii) 
                                         --------------------------------------- 
 4. Full name of shareholder(s)              Barclays Capital Securities Ltd 
  (if different from 3.):(iv)                Gerrard Investment Management Ltd 
                                         --------------------------------------- 
 5. Date of the transaction and                      12 January 2012 
  date on which the threshold 
  is crossed or 
  reached: (v) 
                                         --------------------------------------- 
 6. Date on which issuer notified:                   13 January 2012 
                                         --------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                        7% 
                                         --------------------------------------- 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 Class/type        Situation previous                    Resulting situation after the triggering 
  of                to the triggering                     transaction 
  shares            transaction 
 
  if possible 
  using 
  the ISIN CODE 
                  ------------------------------------  ----------------------------------------------------------------------- 
                   Number                 Number         Number           Number of voting           % of voting rights 
                    of                     of             of shares        rights                     (x) 
                    Shares                 Voting 
                                           Rights 
                  ---------------------  -------------  ---------------  -------------------------  --------------------------- 
                                                                          Direct          Indirect   Direct        Indirect 
                                                                           (xi)            (xii) 
                    -----  ----  ------  -------  ----  ---------------  --------------  ---------  ------------  ------------- 
 
 
  GB00B06KL332     21,001,936             21,001,936       21,541,958      20,511,958      30,000       6.58%         0.01% 
                  ---------------------  -------------  ---------------  --------------  ---------  ------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
 Resulting situation after the triggering transaction 
 Type of financial                Expiration               Exercise/            Number of voting              % of voting 
  instrument                       date (xiii)              Conversion           rights that may               rights 
                                                            Period (xiv)         be 
                                                                                 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 financial          Expiration date        Exercise/              Number of voting                % of voting rights 
  Instrument                 (xvii)                 Conversion             rights instrument               (xix, xx) 
                                                    period                 refers to 
                                                    (xviii) 
                    -----  ---------------------  ---------------------  ------------------------------  ---------------------- 
 Portfolio Swap             9 April 2012                                  24,333                          0.01% 
  Portfolio Swap             6 August 2012                                 247,665                         0.08% 
  Portfolio Swap             16 January 2012                               1,066,729                       0.34% 
                    -----  ---------------------  ---------------------  ------------------------------  ---------------------- 
 
 Total (A+B+C) 
 Number of voting rights                                                Percentage of voting rights 
                                                                       -------------------------------------------------------- 
 21,880,685                                                             7.02% 
                                                                       -------------------------------------------------------- 
 
 
 
 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: 
 14. Contact name:                                      Geoff Smith 
                                          -------------------------------------- 
 15. Contact telephone number:                         0207 116 2913 
                                          -------------------------------------- 
 
 

For further information, please contact:

 
 EnCore Oil plc                               www.encoreoil.co.uk 
 Alan Booth, Chief Executive Officer          +44 (0)20 7224 4546 
 Eugene Whyms, Chief Financial Officer 
 Yvonne Fraser, Investor Relations Manager    +44 (0)7957 241 408 
 
 Cenkos Securities plc 
 Jon Fitzpatrick                              +44 (0)20 7397 1951 
 Ken Fleming                                  +44 (0)131 220 9772 
 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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