9th Sep 2008 11:08
9 September 2008
Forum Energy Plc ("Forum Energy" or the "Company")
Notifiable Interests
The board of Forum Energy (the "Board") received notification on 8 September 2008 that on 5 September 2008 Philex Petroleum Corporation ("PPC") and FEC Resources Inc ("FEC") (together the "Concert Party") had an interest in 16,743,515 ordinary shares of 10p each in Forum Energy, representing 55.77% of the issued share capital of the Company at that time.
The Concert Party's interest in Forum Energy Shares was made up as follows:
PPC had an interest in 8,193,315 Forum Energy Shares, representing 27.29% of the issued share capital of the Company at 5 September 2008; and
FEC had an interest in 8,550,200 Forum Energy Shares, representing 28.48% of the issued share capital of the Company at 5 September 2008.
The Board also received notification on 8 September 2008 that on 8 September 2008 the Concert Party now has an interest in 17,256,260 ordinary shares of 10p each in Forum Energy, representing 57.36% of the current issued share capital of the Company.
The Concert Party's interest in Forum Energy Shares is made up as follows:
PPC has an interest in 8,706,060 Forum Energy Shares, representing 28.94% of the issued share capital of the Company; and
FEC has an interest in 8,550,200 Forum Energy Shares, representing 28.42% of the issued share capital of the Company.
For further information please contact:
Alan Henderson Tel: +44 (0)1932 445 344
Forum Energy Plc, Chairman and acting Chief Executive Officer
Andrew Mullins
Forum Energy Plc, Executive Director Tel: +44 (0)1932 445 344
Nick Naylor / Jamie Boyd Tel: +44 (0)20 7763 2200
Noble & Company Ltd, Nominated Adviser & Broker
Or visit the Company's website:
www.forumenergyplc.com
Related Shares:
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