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Disclosure Form SAR 6

15 Oct 2009 14:43

RNS Number : 8601A
San Leon Energy PLC
15 October 2009
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APPENDIX

DISCLOSUREĀ FORM

FORMĀ SAR 6

IRISH TAKEOVER PANEL

Lodge with the Stock ExchangeĀ (which may publicise)Ā and with the Panel. A copy must also be sent to the company the voting securities of which (or the rights over the voting securities of which) are acquired.

Date of disclosureĀ 15 OCTOBER 2009

DISCLOSURE UNDER RULE 6 OF THE IRISH TAKEOVER PANEL

ACT, 1997, SUBSTANTIAL ACQUISITION RULES, 2007 ("SARs")

Date of Acquisition: 14 OCTOBER 2009

Acquisition in ISLANDĀ OILĀ &Ā GASĀ PLC (name of company)

(1) Class of voting securities (e.g. ordinary shares)

Number of voting securities/rights over voting securities acquired

If rights over voting securities acquired, as opposed to the securities themselves specify nature of rights

ORDINARY SHARES OF €0.01 EACH

NIL securities

25,000,000Ā Ā  Ā rights

IRREVOCABLE COMMITMENTS

(2) Resultant total holding ofĀ votingĀ securities (and % of total votingĀ securities in issue)

Resultant total holding ofĀ rightsĀ over voting securities (and % of total voting securities in issue)

Total percentage

21,000 Ā (0.02%)

25,000,000 (18.39%)

25,021,000 (18.41%)

(3) Party makingĀ disclosure SANĀ LEONĀ ENERGYĀ PLC

(4)(a) Name of person acquiring securities or rights over securities

SANĀ LEONĀ ENERGYĀ PLC

and, if different, beneficial ownerĀ  ................................................................................................

(b) Names of any other persons acting in concert (see SAR 3)Ā  PURSUANT TO RULE 3.3(b)(ii)(1) OF PART A OF THE TAKEOVER RULES THERE IS A PRESUMPTION THAT EACH DIRECTOR OFĀ SANĀ LEONĀ ENERGYĀ PLCĀ IS ACTING IN CONCERT WITHĀ SANĀ LEONĀ ENERGYĀ PLC. PHILIPĀ THOMPSON, A DIRECTOR OFĀ SANĀ LEONĀ ENERGYĀ PLC, HOLDSĀ 21,000Ā ORDINARY SHARES IN ISLANDĀ OILĀ &Ā GASĀ PLC

Signed, for and on behalf of the party named in (3) above Oisin Fanning

(Also print name of signatory)Ā  Ā Ā  OISIN FANNING

Telephone andĀ extensionĀ number + 353 (0) 1291 6292

Note 1. Under SAR 3, the holdings of and acquisitions by persons acting in concert must be aggregated and treated as a holding of orĀ acquisitionĀ by one person. SAR 8(b) requires persons who must aggregate holdings to disclose certain disposals.

Note 2. "Stock Exchange": see definition in Rule 2.1(a) of Part A of the Takeover Rules.

For details of the SARs disclosureĀ requirements, see Rules 4, 6 and 8(b) of the SARs. IfĀ in doubt, consult the Panel.

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