2nd Oct 2012 17:09
2 October 2012
Eland Oil & Gas Plc (the "Company")
Holdings in Company and Total Voting Rights
Further to the TR-1 notifications made on 6 September, 7 September and 25 September 2012, the Company has received confirmation of the resultant holdings in the Company's ordinary shares of £1.00 each ("Ordinary Shares").
Mr Alshair Fiyaz holds a beneficial interest in 13,350,101 Ordinary Shares in the Company representing 9.9 per cent. of the issued share capital of the Company. Mr Fiyaz's holding is held under the following legal entities:
Legal Entity | Number of Ordinary Shares | % of Issued Share Capital |
Solstice International Investments Inc
| 980,540 | 0.7% |
Kristen Management Limited | 11,000,000
| 8.1% |
Kristen Traders Limited | 1,350,000
| 1.0% |
ALFI 1 Trust | 11,178
| 0.0% |
ALFI 3 Trust
| 8,383 | 0.0% |
Total | 13,350,101 | 9.9% |
Solstice International Investments Inc. is owned by the trustees of ALFI 2 Trust. Mr Fiyaz is named as the sole potential beneficiary of each of the ALFI 1 Trust, ALFI 2 Trust and ALFI 3 Trust.
Separately, the Company announces that as of 30 September 2012, the Company's issued share capital consists of 135,263,214 Ordinary Shares.
The above figure of 135,263,214 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.
For further information:
Eland Oil & Gas PLC (+44 (0) 1224 737 300)
www.elandoilandgas.com
Les Blair, CEO
George Maxwell, CFO
Canaccord Genuity Limited (+44 (0) 20 7523 8000)
Henry Fitzgerald-O'Connor
Peter Stewart
Rob Collins
Citigate Dewe Rogerson (+44 (0) 20 7638 9571)
Martin Jackson
Jack Rich
Related Shares:
Eland Oil & Gas