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Holding(s) in Company

16th Jul 2013 16:52

RNS Number : 4669J
Madagascar Oil Limited
16 July 2013
 



 

16 July 2013

MADAGASCAR OIL LIMITED

("Madagascar Oil" or the "Company")

Holding(s) in Company

 

Madagascar Oil (AIM: MOIL) announces that, on 16 July 2013, the Company received notification that Persistency Private Equity Limited ("PPEL") purchased 17,500,000 common shares in the Company ("Common Shares"). PPEL is now interested in 106,815,538 Common Shares, representing approximately 20.1 per cent. of the issued share capital of the Company.

 

-ENDS-

Madagascar Oil Limited

Andrew Morris, Non Executive Chairman

Paul Ellis, Chief Executive Officer

 

 

+1 713 357 4820

Strand Hanson Limited

Stuart Faulkner

Angela Hallett

James Dance

 

+44 (0)20 7409 3494

Mirabaud Securities LLP

Rory Scott

Edward Haig-Thomas

 

+44 (0)20 7878 3360

Pelham Bell Pottinger

Mark Antelme

Henry Lerwill

+44 (0)20 7861 3232

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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