8th Jan 2007 09:15
Cardinal Resources plc08 January 2007 HOLDINGS IN COMPANY LONDON - Monday, 8th January 2007 Cardinal Resources plc (AIM:CDL) ("Cardinal" or "the Company"), an independentoil and gas production and exploration company operating in Ukraine, wasnotified on 15 December 2006 that Ospraie Portfolio Ltd and Ospraie Management,LLC, ("Ospraie") following a purchase on 13 December 2006 for a price per shareof £0.14, had an interest in 4,301,650 Cardinal Ordinary Shares representing3.76% of the issued Ordinary Share Capital of the Company. Following a requestfor clarification, Ospraie confirmed on 5 January 2007 that the two interestsdisclosed are both in respect of the same shareholding and that, following thesale of 400,000 Cardinal Ordinary Shares, their combined interest as shown onthe Cardinal share register as at 31 December 2006 is 3,901,650 CardinalOrdinary Shares representing 3.41% of the issued Ordinary Share Capital of theCompany. ### For further information please contact: Cardinal Resources Brunswick GroupCharles Green / Franziska Stahlknecht Paul Scott+44 (0) 20 7936 5250 +44 (0) 20 7404 [email protected] [email protected] Nabarro Wells & Co. LimitedJohn Wilkes / Marc Cramsie+44 (0) 20 7710 [email protected] Notes to Editor Cardinal Resources plc Cardinal Resources plc is an independent oil and gas production and explorationcompany with assets in Ukraine. Cardinal is an experienced operator in thecountry focused on expanding its existing operations through the farm-in oracquisition of additional upstream oil and gas assets that can be furtherdeveloped through the application of modern technology and expertise. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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