TIDMEO.

RNS Number : 5689S

EnCore Oil PLC

22 November 2011

For immediate release: 22 November 2011

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

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                     EnCore Oil Plc 
  the underlying issuer                                             GB00B06KL332 
  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                        Yes 
---------------------------------------------------------  --------------------- 
 An acquisition or disposal of qualifying financial                 n/a 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
---------------------------------------------------------  --------------------- 
 An acquisition or disposal of instruments with                     n/a 
  similar economic effect to qualifying financial 
  instruments 
---------------------------------------------------------  --------------------- 
 An event changing the breakdown of voting rights                   n/a 
---------------------------------------------------------  --------------------- 
 Other (please                                                      n/a 
  specify): 
--------------------------------------------------------   --------------------- 
 3. Full name of person(s)                                 UBS Investment Bank 
  subject to the notification 
  obligation: (iii) 
--------------------------------------------------------  ---------------------- 
 4. Full name of shareholder(s)                            UBS AG London Branch 
  (if different from 3.):(iv) 
--------------------------------------------------------  ---------------------- 
 5. Date of the transaction                                18 November 2011 
  and date on 
  which the threshold 
  is crossed or 
  reached: (v) 
--------------------------------------------------------  ---------------------- 
 6. Date on which issuer                                   22 November 2011 
  notified: 
--------------------------------------------------------  ---------------------- 
 7. Thresholds that are 
  crossed: (vi, vii)                                       7% 
--------------------------------------------------------  ---------------------- 
 
 
 
 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) 
-------------      -----------      ------------  ---------------  -------------  -----------  ------------  ----------- 
 GB00B06KL332   17,825,240       17,825,240        21,521,906       21,521,906     -            7.29%         - 
               ---------------  ----------------  ---------------  -------------  -----------  ------------  ----------- 
 
 
 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                   % of voting 
  financial        price            date              Conversion       voting rights               rights (xix, 
  instrument                        (xvii)            period           instrument                  xx) 
                                                      (xviii)          refers to 
---------------  ---------------  ----------------  ---------------  --------------------------  ----------------------- 
 -                -                -                 -                -                           Nominal       Delta 
---------------  ---------------  ----------------  ---------------  --------------------------  ------------  --------- 
                                                                                                  -             - 
-------------      -----------      ------------      -----------    -----------  -----------    ------------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ------------------------------------------------------------------ 
 21,521,906                                            7.29% 
----------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 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:                                    Nemanja Pantic / Konstantina 
                                                      Georgaki 
---------------------------------------------------  ----------------------------- 
 15. Contact telephone 
  number:                                             +41 44 239 6225 
---------------------------------------------------  ----------------------------- 
 
 

For further information, please contact:

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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