TIDMLOGP

RNS Number : 3587W

Lansdowne Oil & Gas plc

22 April 2021

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. If you have any queries on this, then please contact Steve Boldy, the Chief Executive Officer of the Company (responsible for arranging release of this announcement).

22 April 2021

Lansdowne Oil & Gas plc

("Lansdowne" or the "Company")

Holding(s) in Company

The Company has been informed that following an additional on-market purchase of shares on 22 April 2021, Oliver Stansfield's interest in the voting rights of the Company has increased to 3.43% as detailed in the TR-1 below.

Mr Stansfield's interest is a combination of ordinary shares of 0.1 pence each ("Ordinary Shares") and financial instruments (as defined in the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority).

Oliver Stansfield is the Chief Executive Officer of Brandon Hill Capital, who own an additional 100,671,158 Lansdowne Oil & Gas ordinary shares, representing a further 11.5% of the outstanding issued share capital.

For further information please contact:

 
 Lansdowne Oil & Gas plc                    +353 1 963 1760 
 Steve Boldy 
 
 SP Angel Corporate Finance LLP        +44 (0) 20 3470 0470 
 Nominated Adviser and Joint Broker 
 Stuart Gledhill 
 Richard Hail 
 
 
 Brandon Hill Capital                  +44 (0) 20 3463 5061 
 Joint Broker 
 Oliver Stansfield 
 

Notes to editors:

About Lansdowne

Lansdowne Oil & Gas (LOGP.LN) is a North Celtic Sea focused, oil and gas exploration and appraisal company quoted on the AIM market and head quartered in Dublin.

For more information on Lansdowne, please refer to www.lansdowneoilandgas.com .

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                                          Lansdowne Oil & Gas 
  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) : admission of new shares via placing 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                     Oliver Stansfield 
 City and country of registered office                    London, UK 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name 
                                                         --------------------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                         --------------------------------------------------------- 
 5. Date on which the threshold was                       22/04/2021 
  crossed or reached (vi) : 
                                                         --------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):           22/04/2021 
                                                         --------------------------------------------------------- 
 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)         of issuer (vii) 
                                         of 8. A)           (total of 8.B 
                                                              1 + 8.B 2) 
                                 ----------------------  -------------------  ----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                      0.63%                   2.8%                 3.43%             873,618,337 
                                 ----------------------  -------------------  ----------------  ------------------ 
 Position of                      NA                      NA                   NA 
  previous notification 
  (if 
  applicable) 
                                 ----------------------  -------------------  ----------------  ------------------ 
 
 
 
 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 
                    (Art 9 of Directive   (Art 10 of Directive          (Art 9 of Directive          (Art 10 of Directive 
                       2004/109/EC)           2004/109/EC)             2004/109/EC) (DTR5.1)             2004/109/EC) 
                         (DTR5.1)              (DTR5.2.1)                                                 (DTR5.2.1) 
                                         --------------------- 
 GB00B2QBNL29       5,491,666             24,508,334             0.63%                               2.8% 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                      30,000,000                                            3.43% 
                   -------------------------------------------  --------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration            Exercise/              Number of voting                    % of voting 
  financial          date                  Conversion Period      rights that may                     rights 
  instrument         (x)                   (xi)                   be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 
                                          SUBTOTAL 8. B 1 
                                         ---------------------  ----------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of           Expiration             Exercise/              Physical or      Number of          % of voting 
  financial         date (x)              Conversion              cash             voting rights      rights 
  instrument                              Period (xi)             settlement 
                                                                  (xii) 
                  ---------------------  ---------------------  ---------------  ----------------- 
 
 
 
                                                                 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 (xiv) (please add additional 
  rows as necessary) 
    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 
                                                     --------------------------------------------------- 
 The number and % of voting rights 
  held 
                                                     --------------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                                     --------------------------------------------------- 
 
 11. Additional information (xvi) 
 Oliver Stansfield is the Chief Executive Officer of Brandon Hill Capital, 
  who own an additional 100,671,158 Lansdowne Oil & Gas shares, representing 
  a further 11.5% of the outstanding issued share capital. 
 
 
 
 Place of completion   UK 
 Date of completion    22/04/2021 
                      ----------- 
 

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