17th Nov 2016 10:11
Mayan Energy Limited - Holding(s) in CompanyMayan Energy Limited - Holding(s) in Company
PR Newswire
London, November 17
Mayan Energy Ltd / Index: AIM / Epic: MYN/ ISIN: VGG6622A1057 / Sector: Oil & Gas
17 November 2016
Mayan Energy Ltd (“Mayan” or “the Company”)
Holdings in Company
The Board of Mayan announces that the Company has received the following TR-1 notification which is set out below.
For further information visit www.mayan energy.com or contact the following:
| Eddie Gonzalez | Mayan Energy Ltd | + 1 469 394 2008 |
| Charlie Wood | Mayan Energy Ltd | +44 7971 444 326 |
| Roland Cornish | Beaumont Cornish Ltd | +44 20 7628 3396 |
| James Biddle | Beaumont Cornish Ltd | +44 20 7628 3396 |
| Elliot Hance | Beaufort Securities Ltd | +44 20 7382 8300 |
| Nick Bealer | Cornhill Capital Limited | +44 20 7710 9612 |
| Elisabeth Cowell | St Brides Partners Limited | +44 20 7236 1177 |
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
| 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | MAYAN ENERGY PLC | |||
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||||
| An acquisition or disposal of voting rights | x | |||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
| 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 | EPSILON INVESTMENTS PTE LTD | |||
| 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 | 16 NOVEMBER 2016 | |||
| 6. Date on which issuer notified: | 17 NOVEMBER 2016 | |||
| 7. Threshold(s) that is/are crossed orreached: vi, vii | 7% | |||
| 8. Notified details: | ||||||||||||||||
| A: Voting rights attached to shares viii, ix | ||||||||||||||||
| Class/type ofsharesif 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 | ||||||||||||
| VGG5S26K1079 | 1,663,240,600 | 1,663,240,600 | 7.9% | |||||||||||||
| ORD | ||||||||||||||||
| 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 | |||||||||||
| Nominal | Delta | |||||||||||||||
| Total (A+B+C) | ||||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||||
| 1,663,240,600 | 7.9% | |||||||||||||||
| 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: | ||
| 13. Additional information: | ||
| 14. Contact name: | SUJATHA PANICKER | |
| 15. Contact telephone number: | + 67 34 6350 | |
Notes:
Mayan Energy Limited is an AIM listed (London Stock Exchange) oil and gas energy company with a vision of building a midstream service (oil and gas waste management) and downstream operations business in Mexico ,exploiting the opportunities arising from the liberalisation of that country’s energy sector.This vision will complement the Company’s present operations which are focussed on the redevelopment and enhancement of its upstream oil and gas interests in Oklahoma and Louisiana.
Related Shares:
AOGL.L