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TR-1 NOTIFICATION OF MAJOR INTEREST IN SHARES

27 Jun 2012 16:52

RNS Number : 2978G
Exillon Energy Plc
27 June 2012
 

CC - HOL

 

For filings with the FSA include the annex

For filings with the issuer exclude the annex

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

Exillon Energy PLC ( TIDM: EXI)

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

ü

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

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

Worldview EHS International Master Fund

PO BOX 309

Ugland House

Grand Cayman KY1-1104

Cayman Islands

("Fund").

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

UBS Securities LLC ("UBS") is the prime broker in relation to

3,380,000 shares in the issuer; and

 

Credit Suisse Securities (Europe) Limited ("Credit Suisse")

is the prime broker in relation to 1,466,823 shares in the issuer.

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

25 June 2012

6. Date on which issuer notified:

26 June 2012

7. Threshold(s) that is/are crossed orreached: vi, vii

Threshold of 3 % of the entire issued share capital of the Issuer exceeded.

 

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 in

the capital of the

issuer with a

nominal value of

US$0.0000125

 

ISIN CODE:

IM00B58FMW76

4,726, 823

-

-

-

4,846,823

-

3 (three)

%.

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

Swap contracts with UBS

and Credit Suisse.

In relation to UBS

15 December 2016

 

In relation to Credit Suisse 7 May 2013

Monthly

All

-

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

 

% of voting rights xix, xx

 

n/a

n/a

n/a

n/a

n/a

Nominal

Delta

n/a

n/a

Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,846,823 (indirect)

3 (three) % (indirect)

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

 

n/a

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:

Worldview Capital Management SA is the investment

manager ("Investment Manager") for Worldview EHS

International Master Fund ("Fund"). Worldview Capital

Management LLP ("LLP") is a sub - advisor to the

Investment Manager.

 

The interest in the shares in the issuer is acquired through

swap contracts between the Fund, UBS and Credit Suisse

(as prime brokers). Interests in the shares are acquired monthly with the Fund settling all unrealized gains.

 

14. Contact name:

Umesh Mittal

15. Contact telephone number:

020 3551 7661

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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