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Holding(s) in Company

17th Sep 2008 16:08

RNS Number : 6832D
Quorum Oil and Gas Tech. Fund Ld
17 September 2008
 



TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES 

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

Quorum Oil and Gas Technology Ltd

2. Reason for the notification

State Yes/No

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of financial instruments which may result in the  acquisition of shares already issued to which voting rights are attached

No

An event changing the breakdown of voting rights

No

Other (please specify): 

N/A

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

Midas Capital plc

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

(see Section 9 below)

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

15/09/08

6. Date on which issuer notified:

16/09/08

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

11%

8. Notified details:

N/A

A: Voting rights attached to shares

Class/type of shares  if possible using the ISIN CODE

Situation  previous to the  Triggering  transaction (vi)

Resulting situation  after the triggering  transaction (vii)

Ordinary Shares GG00B29Q2M88

Number  of  Shares

Number  of  Voting  Rights (viii)

Number  of  shares

Number of voting  rights (ix)

% of voting  rights

Direct

Direct (x)

Indirect (xi)

Direct

Indirect

700,000

700,000

650,000

650,000

N/A

10.62%

N/A

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of  financial  instrument

Expiration  date (xiii)

Exercise/  Conversion  Period/ Date (xiv)

Number of voting  rights that may be  acquired if the  instrument is  exercised/ converted

% of voting  rights

N/A

N/A

N/A

N/A

N/A

Total (A+B)

Number of voting rights

% of voting rights

650,000

10.62%

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

CF Midas Balanced Income Fund - 610,000

(Registered: Bank of New York Nominees A/C 392513)

Discretionary Client - 40,000

(Registered: Roy Nominees Ltd 570035)

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:

iimia plc, Miton Asset Management Ltd and Midas Capital Partners Ltd are all subsidiaries of Midas Capital plc

14. Contact name:

Helen Craig

15. Contact telephone number:

01392 475972

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

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