Hurricane Energy PLC Holding(s) in Company (0791P)
November 14 2016 - 2:45AM
UK Regulatory
TIDMHUR
RNS Number : 0791P
Hurricane Energy PLC
14 November 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or Hurricane 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):
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An acquisition or disposal of voting rights
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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
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Other (please The issuer has allotted new shares X
specify): resulting in a dilution of the voting
shares subject to the notification
obligation
--------------------------------------------------------- -------------------------------------------
3. Full name of person(s) Awal Bank B.S.C. (in administration)
subject to the
notification obligation:
(iii)
----------------------------------------------------------- ---------------------------------------------
4. Full name of shareholder(s) Chase Nominees Limited
(if different from 3.):(iv)
----------------------------------------------------------- ---------------------------------------------
5. Date of the transaction 08 November 2016
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ---------------------------------------------
6. Date on which issuer 11 November 2016
notified:
----------------------------------------------------------- ---------------------------------------------
7. Threshold(s) that is/are New holding is less than 3%
crossed or
reached: (vi, vii)
----------------------------------------------------------- ---------------------------------------------
8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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
------------ ----------- ----------- ------------ ----------- ------------ -------- ---------
35,000,000 35,000,000 35,000,000 35,000,000 0 N/A N/A
------------ ----------- ----------- ------------ ----------- ------------ -------- ---------
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
-------------------------------------- ------------------------------------------------------------
35,000,000 N/A
-------------------------------------- ------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
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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: Richard Norton (a member
of Charles Russell
Speechlys LLP, external administrator
of Awal
Bank B.S.C)
------------------------------------------------------------ -----------------------------------------
15. Contact telephone number: 01242 246357 or 01242 246804
------------------------------------------------------------ -----------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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