Last checked at 1 Nov 2012 17:29
1 November 2012
Sound Oil plc
("Sound Oil" or "the Company")
Holding in Company
Sound Oil, the Italian focused upstream oil and gas company, was notified today that as of 31 October 2012, Manxdale Holdings Limited ("Manxdale", a fund connected with Astin Capital Management Limited ("Astin")) is interested in 391,860,628 ordinary shares of 0.1p each in the Company (representing 13.65% of the Company's issued ordinary shares) of which 331,860,628 are currently held in escrow (pursuant to the private placement through Astin announced on 16 July 2012) and 60,000,000 are held by Manxdale.
For further information please contact:
Sound Oil James Parsons, Chief Executive Officer
| j.parsons@soundoil.co.uk
|
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones
| Tel: +44 (0)20 7131 4000 |
Westhouse Securities - Broker Antonio Bossi Jonathan Haines
| Tel: +44 (0)20 7601 6100 |
Buchanan Tim Thompson Ben Romney Helen Chan
| Tel: +44 (0)20 7466 5000
|