TIDMEO.

RNS Number : 3795V

EnCore Oil PLC

11 January 2012

For immediate release: 11 January 2012

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

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 1. Identity of the issuer or the underlying                        EnCore Oil Plc 
  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 instruments              n/a 
  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             n/a 
  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) subject        UBS Investment Bank 
  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 and           09 January 2012 
  date on which the threshold 
  is crossed or 
  reached: (v) 
                                         ----------------------------------------- 
 6. Date on which issuer notified:        11 January 2012 
                                         ----------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or reached: (vi, vii)           9% 
                                         ----------------------------------------- 
 
 
 
 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           Direct          Indirect   Direct        Indirect 
                                                                          (xi)            (xii) 
               ---     --------  ---      -----------  ---------------  --------------  ---------  ------------  ----------- 
 GB00B06KL332   28,155,626        28,155,626            28,043,347       28,043,347      -          8.997%        - 
               ----------------  --------------------  ---------------  --------------  ---------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
 Resulting situation after the triggering transaction 
 Type of financial      Expiration         Exercise/                           Number of voting              % of voting 
  instrument             date (xiii)        Conversion Period                   rights that may               rights 
                                            (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   Exercise          Expiration             Exercise/        Number of voting       % of voting 
  instrument          price             date (xvii)           Conversion        rights instrument      rights (xix, 
                                                              period (xviii)    refers to              xx) 
                    ----------------  ---------------------  ---------------  ---------------------  ----------------------- 
 -                   -                 -                      -                -                      Nominal       Delta 
                    ----------------  ---------------------  ---------------  ---------------------  ------------  --------- 
                                                                                                      -             - 
                       --------  ---      -----------  ----  -------    ----  --------  ---------    ------------  --------- 
 
 Total (A+B+C) 
 Number of voting rights                                               Percentage of voting rights 
                                                                      ------------------------------------------------------ 
 28,043,347                                                            8.997% 
                                                                      ------------------------------------------------------ 
 
 
 
 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 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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