LGO Energy PLC Holding(s) in Company (2555R)
December 07 2016 - 11:57AM
UK Regulatory
TIDMLGO
RNS Number : 2555R
LGO Energy PLC
07 December 2016
For immediate release 7 December 2016
LGO Energy Plc ("LGO Energy" or the "Company")
Holdings in Company
The Board of LGO Energy announces that the Company has
received the followingTR-1 notification which is set
out below without amendment.
--------------------------------------------------------------------------------------------------
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------------------------------------------------------
1. Identity of the issuer or LGO Energy 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) Well Services Petroleum Company
subject to the Limited
notification obligation:
(iii)
----------------------------------------------------------- -------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
----------------------------------------------------------- -------------------------------------
5. Date of the transaction 07 December 2016
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- -------------------------------------
6. Date on which issuer 07 December 2016
notified:
----------------------------------------------------------- -------------------------------------
7. Threshold(s) that is/are 6%, 5%, 4% and 3%
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)
------------- ------------ ------------- -------------- --------- ------------ ------------ -----------
GB00B1TWX932 502,877,588 0 0 0 0 0
---------------- ----------------- -------------- --------- ------------ ------------ -----------
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
---------------------------------------------------- ----------------------------------------------------------------
0 0
---------------------------------------------------- ----------------------------------------------------------------
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: Kenneth Sammy
------------------------------------------------------------- --------------------
15. Contact telephone number: 1-868-677-7531/7532
------------------------------------------------------------- --------------------
Enquiries:
LGO Energy plc +44 (0) 203 794 9230
Neil Ritson
Fergus Jenkins
Beaumont Cornish Limited +44 (0) 20 7628 3396
Nomad
Roland Cornish
Rosalind Hill Abrahams
This information is provided by RNS
The company news service from the London Stock Exchange
END
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