19 Dec 2011 11:03

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IGas Energy Plc
("IGas Energy" or the "Company")
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Holdings in Company
19 December 2011
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On 16 December 2011, the Company received notification that, as at 15 December 2011 Macquarie Bank Limited ("Macquarie") held directly and indirectly a beneficial interest in 24,286,646 ordinary shares in the Company ("Ordinary Shares")("Beneficial Interest"), consisting of 3,000,000 Ordinary Shares and a warrant entitling it to acquire a further 21,286,646 Ordinary Shares at an exercise price of 55.8p per share.
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If all the warrants were exercised (and assuming no other warrants or options in the Company were exercised) the resulting holding of Macquarie would represent 13.02% of the issued share capital as enlarged by the warrant exercise. The Beneficial Interest represents 14.97% of the current issued share capital.
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ENQUIRIES
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For further information please contact:
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IGas Energy plc Andrew Austin, CEO Stephen Bowler, CFO | Â Â Tel: +44 (0)20 7993 9901 |
RBS Hoare Govett Sara Hale Jamie Buckland | Â Tel: +44 (0)20 7678 8000 |
Kreab Gavin AndersonKen Cronin/ Kate Hill/ Anthony Hughes | Â Tel: +44 (0)20 7074 1800 |
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