Empyrean Regulatory News (EME)

3 Jun 2008 17:52



Empyrean Energy PLC 

("Empyrean" or the "Company"; Ticker: (EME))

TR-1(i): NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

Empyrean Energy Plc

2. Reason for the notification:

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation (iii):

Barclays PLC

4. Full name of shareholder(s) (if difference from 3):

Barclays Stockbrokers Ltd

Gerrard Investment Management Ltd

5. Date of the transaction and date on which the threshold is crossed or reached (v):

28 May 2008

6. Date on which issued notified:

29 May 2008

7. Threshold(s) that is/are crossed or reached:

9% to 10%

8. Notified details 

A: Voting rights attached to shares

Class/type of share if possible using the ISIN Code GB00B09G2351

Situation Previous to the triggering transaction (vi) -

Number of Shares 4,999,468

Number of Voting Rights (viii) 4,999,468

Resulting situation after the triggering transaction (viii) -

Number of Shares 5,083,382

Number of Voting Rights - Direct (x) 0

Number of Voting Rights - Indirect (xi) 5,083,382

% of voting rights - Direct 0

% of voting rights - Indirect 10.06

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument N/A

Expiration date (xiii) N/A

Exercise/Conversion Period/Date (xiv) N/A

Number of voting rights that may be acquired if the 

instrument is exercised/converted N/A

% of voting rights N/A

Total (A+B)

Number of voting rights 5,083,382

% of voting rights 10.06

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

Barclays Stockbrokers Ltd

Gerrard Investment Management Ltd

Proxy Voting:

10. Name of the proxy holder: N/A

11. Number of voting rights proxy holder will cease to hold: N/A

12. Date on which proxy holder will cease to hold voting rights: N/A

13. Additional information: N/A

14. Contact name: Geoff Smith

15. Contact telephone number: 020 7116 2913

For further information: 

Empyrean Energy plc 

Tel: +44(0) 207 182 1746

Rod Venables / Cecil Jordaan 

HB Corporate 

Tel: +44(0) 207 510 8600 

Jonathan Charles / Ed Portman 

Conduit PR 

Tel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509