6th Oct 2011 12:26
For immediate release 6 October 2011
LENI GAS & OIL PLC
("Leni Gas & Oil" or the "Company")
NOTIFICATION OF MAJOR INTEREST IN SHARES
The company has received the following notification:
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Leni Gas & Oil PLC | |||
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 | x | |||
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 | H.J. Heinz Trust Limited | |||
4. Full name of shareholder(s) (if different from 3.):iv | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 3rd October 2011 | |||
6. Date on which issuer notified: | 5th October 2011 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | Holding has gone below 4% | |||
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 | |||||||||||
GB00B1TWX932 | 21,300,000 | 21,300,000 | 27,090,000 | 27,090,000 | N/A | 2.95% | N/A | ||||||||
*Situation previous was based on an issued share cap of 695,921,632. Resulting situation is based on an issued share cap of 919,254,965. | |||||||||||||||
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 | |||||||||||
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
| ||||||||||
Warrant | GBP 0.08 | 30th June 2013 | 30th June 2013 | 9,350,000 | Nominal | Delta | |||||||||
1.02% | 1.02% | ||||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
36,440,000 | 3.96% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | |
| |
Proxy Voting: | |
10. Name of the proxy holder: | |
11. Number of voting rights proxy holder will ceaseto hold: | |
12. Date on which proxy holder will cease to holdvoting rights: | |
Enquiries
Leni Gas & Oil plc
David Lenigas Neil Ritson | +44 (0)20 7440 0645
|
Beaumont Cornish Limited | |
Rosalind Hill Abrahams Roland Cornish | +44(0) 20 7628 3396 |
Panmure Gordon | |
Katherine Roe Hannah Woodley | +44 (0) 20 7459 3600 |
Shore Capital | |
Pascal Keane Jerry Keen | +44 (0) 20 7408 4090 |
Pelham Bell Pottinger | |
Mark Antelme Henry Lerwill | +44 (0) 20 7861 3232 |
Related Shares:
CERP.L