6th Nov 2012 16:58
6 November 2012
Eland Oil & Gas Plc (the "Company")
Holding(s) in Company
The Company announces that on 6th November 2012 it received the following notifications in relation to a disclosure of its interest in the Company's ordinary shares of £1.00 each ("Ordinary Shares"):
·; On 18th October 2012, Kristen Traders Limited transferred 1,350,000 CFDs in the Company to Kristen Management Limited
·; On 19th October 2012 Solstice International Investments Inc. transferred 940,261 Ordinary Shares to Kristen Management Limited which company holds these as CFDs
As a result of the above transfers the following interests are held in the Ordinary Shares of the Company:
Interest in Ordinary Shares prior to transfer | Interest in Ordinary Shares following transfer | Interest in Ordinary Shares following transfer | |
Kristen Traders Limited | 1,350,000 | - | - |
Kristen Management Limited | 11,000,000 | 13,290,261 | 9.83% |
Solstice International Investments | 980,540 | 40,279 | 0.03% |
Mr Alshair Fiyaz has a beneficial interest in the above companies and therefore Mr Fiyaz's beneficial interest remains unchanged at an aggregate amount of 13,350,101 ordinary shares representing 9.9% of the current issued share capital.
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