Prospex Oil and Gas PLC Holding(s) in Company (1655U)
14 January 2017 - 1:45AM
UK Regulatory
TIDMPXOG
RNS Number : 1655U
Prospex Oil and Gas PLC
13 January 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
------------------------------------------------------------------------------------------
1. Identity of the issuer or PROSPEX OIL AND GAS PLC
the 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) Jasvir Rai
subject to the
notification obligation:
(iii)
----------------------------------------------------------- -----------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
----------------------------------------------------------- -----------------------------
5. Date of the transaction 11(th) January 2017
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- -----------------------------
6. Date on which issuer 12(th) January 2017
notified:
----------------------------------------------------------- -----------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii)
----------------------------------------------------------- -----------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
----------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if
possible
using
the ISIN
CODE
----------- --------------------------------- ----------------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
----------- --------------- ---------------- -------------- --------------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
----------- ----------- ------------ -------------- ------------- ------------ ------------ -----------
Below Below
3% 3% 15,894,909 15,894,909 5.6%
----------- --------------- ---------------- -------------- ------------- ------------ ------------ -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may 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 Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
------------- ------------- -------------- ---------------- ----------------------------- -----------------------
Nominal Delta
------------- ------------- -------------- ---------------- ----------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------ --------------------------------------------------------------------
15,894,909 5.6%
------------------------------------------------ --------------------------------------------------------------------
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: Jasvir Rai
------------------------------------------------ --------------
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: Jasvir Rai
---------------------------------------------- ----------------
15. Contact telephone number:
---------------------------------------------- ----------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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