2 Oct 2012 12:12
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For Immediate Release
2 October 2012
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Leni Gas & Oil PLC
("LGO" or the "Company")
Holding(s) in Company
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Leni Gas & Oil PLC | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | ||||
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 | X | |||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | Mr William Philip Seymour Richards | |||
4. Full name of shareholder(s) Β (if different from 3.):iv | WH Ireland Limited | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 01/10/12 | |||
6. Date on which issuer notified: | 02/10/12 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 4%, 3% | |||
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8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
Ordinary shares GB00B1TWX932 | 30,000,000 | 30,000,000 | 55,000,000 | 2.93% | ||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to Β | % of voting rights xix, xx Β | |||||||||||
Β Β | Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
55,000,000 | 2.93% | |||||||||||||||
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Β Mr William Philip Seymour Richards is the beneficial owner of the securities disclosed. Β The legal title to these securities is held on behalf of Mr Richards by his nominee, WH Ireland Limited. | ||
Proxy Voting: | ||
10. Name of the proxy holder: | n/a | |
11. Number of voting rights proxy holder will ceaseto hold: | n/a | |
12. Date on which proxy holder will cease to holdvoting rights: | n/a | |
13. Additional information: | * this figure was calculated using 1,877,747,601 as the current issued share capital of the issuer as published on RNS on 01/10/12 | |
14. Contact name: | Gemma Whitehouse | |
15. Contact telephone number: | 020 7389 7042 | |
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Enquiries:
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Leni Gas & Oil plc
David Lenigas Neil Ritson Β | +44 (0)20 7440 0645 Β |
Beaumont Cornish Limited
Nomad and Joint Broker Rosalind Hill Abrahams Roland Cornish | +44(0) 20 7628 3396 |
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Old Park Lane Capital Plc
Joint Broker Michael Parnes Luca Tenuta | +44(0) 20 7493 8188 |
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Shore Capital
Joint Broker
Pascal Keane +44 (0) 20 7408 4090
Jerry Keen (Corporate Broking)
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Pelham Bell Pottinger
Financial PR Mark Antelme | +44 (0) 20 7861 3232 |
Henry Lerwill |
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