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Angus Energy Regulatory News (ANGS)



Regulatory News for Angus Energy (ANGS)


Share Price: 5.40Bid: 5.30Ask: 5.50Change: 0.15 (+2.86%)Riser - Angus Energy
Spread: 0.20Spread as %: 3.77%Open: 5.45High: 5.60Low: 5.35Yesterday’s Close: 5.25





Balcombe Update and Holdings in Company

Fri, 8th Feb 2019 17:27

RNS Number : 5582P
Angus Energy PLC
08 February 2019

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) ("MAR"). THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

8 February 2019

Angus Energy Plc ("Angus Energy" or the "Company")

Balcombe Well test & Holdings in Company

Angus Energy Plc (AIM:ANGS), a leading UK conventional oil and gas production and development company, announces that it has submitted an application for an extended well test at Balcombe to the UK Oil and Gas Authority (the "OGA") in addition to an HSE ("Health and Safety Executive") Notification under the BSOR 95, Reg. 6.

The operation at Balcombe is planned to remove all remaining wellbore and drilling fluids from said well and leave the well ready for extended long term production prior to submitting a Field Development Plan to the OGA and agreeing such with the local planning authority. It will also allow the utilization of the current well testing package from Brockham.

The local planning authority and community liaison committee shall be consulted in due course to agree a way forward. An update shall follow post consultation.

In addition, the company announces that it has been informed that Paul Vonk no longer has a notifiable interest in the Company's shares. The TR-1 as sent to the Company is set out below.

END.

Enquiries:

Angus Energy Plc

www.angusenergy.co.uk

George Lucan

Tel: +44 (0) 208 899 6380

Beaumont Cornish (NOMAD)

James Biddle/ Roland Cornish

Tel: +44 (0) 207 628 3396

www.beaumontcornish.com

WH Ireland Limited (BROKER)

Katy Mitchell/ Harry Ansell

Tel: +44 (0) 113 394 6600

Notes

About Angus Energy plc. Angus Energy plc. is a UK AIM quoted independent onshore oil and gas production and development company focused on leveraging its expertise to advance its portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244) and a 12.5% interest in the Holmwood licence (PEDL143).

TR-1: standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Angus Energy

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

Paul Vonk

City and country of registered office (if applicable)

4. Full name of shareholder(s) (if different from 3.)v

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reachedvi:

5th February 2019

6. Date on which issuer notified (DD/MM/YYYY):

7th February 2019

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

2.85%

N/A

2.85%

403,944,208

Position of previous notification (if

applicable)

N/A

N/A

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BYWKC989

11,500,000

2.85%

SUBTOTAL 8. A

11,500,000

2.85%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

X

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity
xiv (please add additional rows as necessary)

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Place of completion

Date of completion


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
MSCDVLFBKLFFBBK


Related Shares:
Angus Energy (ANGS)




DateSourceHeadlineCategory
25-Apr-19 18:30RNSBrockham Operations UpdateCompany Announcement - General
18-Apr-19 07:00RNSCompletion of Acquisition of Lidsey interestMergers, Acquisitions and Disposals
10-Apr-19 10:00RNSOperations Update: BrockhamCompany Announcement - General
05-Apr-19 16:45RNSOperations Update: BrockhamCompany Announcement - General
03-Apr-19 07:00RNSOperations Update & Schedule of Works at BrockhamCompany Announcement - General
02-Apr-19 16:49RNSTotal Voting RightsHolding(s) in Company
29-Mar-19 11:53RNSResult of AGMResults and Trading Reports
21-Mar-19 12:00RNSOperations Update: Rig Contract for BrockhamCompany Announcement - General
18-Mar-19 16:41RNSSecond Price Monitoring ExtnCompany Announcement - General
18-Mar-19 16:36RNSPrice Monitoring ExtensionCompany Announcement - General
14-Mar-19 07:00RNSSPA signed regarding additional interest in LidseyCompany Announcement - General
14-Mar-19 07:00RNSUpdate on PEDL 143 (Holmwood)Company Announcement - General
07-Mar-19 07:00RNSNotice of AGMResults and Trading Reports
06-Mar-19 15:15RNSBoard ChangesExecutive Changes
06-Mar-19 07:00RNSAnnual Financial ReportResults and Trading Reports
26-Feb-19 16:45RNSOperations and Lidsey Field Interest UpdateCompany Announcement - General
19-Feb-19 10:27RNSVariation to Planning Consent at LidseyCompany Announcement - General
15-Feb-19 07:00RNSEquity PlacingCompany Announcement - General
14-Feb-19 07:00RNSUpdate to Financing ArrangementCompany Announcement - General
08-Feb-19 17:27RNSBalcombe Update and Holdings in CompanyCompany Announcement - General
08-Feb-19 16:41RNSSecond Price Monitoring ExtnCompany Announcement - General
08-Feb-19 16:35RNSPrice Monitoring ExtensionCompany Announcement - General
04-Feb-19 07:00RNSBrockham Well Test UpdateCompany Announcement - General
29-Jan-19 16:40RNSSecond Price Monitoring ExtnCompany Announcement - General
29-Jan-19 16:35RNSPrice Monitoring ExtensionCompany Announcement - General
29-Jan-19 07:00RNSRetraction of Requisition of GM & Board ChangesCompany Announcement - General
10-Jan-19 16:41RNSSecond Price Monitoring ExtnCompany Announcement - General
10-Jan-19 16:35RNSPrice Monitoring ExtensionCompany Announcement - General
10-Jan-19 14:06RNSSecond Price Monitoring ExtnCompany Announcement - General
10-Jan-19 14:00RNSPrice Monitoring ExtensionCompany Announcement - General


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