REG - Sterling Energy PLC - Delayed Notifications of Major Interest in Shares <Origin Href="QuoteRef">SEY.L</Origin>

AfentraAnnouncement

05/01/2017 09:35

RNS Number : 4371T
Sterling Energy PLC
05 January 2017
5 January 2017
Delayed Notifications of Major Interest in Shares
Set out below are the TR-1 notifications of a major interest in shares that were received by Sterling Energy plc (the "Company") from each of YF Finance Limited on 15 April 2016, and Exploration Capital Partners 2008, LP, an affiliate of Sprott US Holdings on 14 April 2016. Due to an administrative oversight, the Company did not release these announcements to the market at the appropriate time however the Company did update its website at the correct time to reflect these changes. The Company regrets this late notice to the market and would like to apologise for the delay. The Company confirms that it has corrected the gap in its systems to ensure that future TR-1 notifications are identified quickly and notified to the market in compliance with the DTRs.
Further information can be found on the Company's website at www.sterlingenergyplc.com
Sterling Energy plc
Tel: +44 20 7405 4133 
Eskil Jersing

Peel Hunt LLP
Tel: +44 20 7418 8900
Richard Crichton
Ross Allister 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identityof the issuer or theunderlying issuer ofexistingshares towhich voting rights are attached:ii
SterlingEnergyPlc.
2 Reason for the notification(please tick the appropriate boxor boxes):
An acquisitionor disposal ofvotingrights

An acquisitionor disposal ofqualifying financial instrumentswhich mayresult in the acquisition ofsharesalreadyissuedto whichvotingrights are attached

An acquisitionor disposal ofinstrumentswith similar economic effectto qualifying financial instruments

An eventchangingthebreakdown ofvotingrights
Other (please specify):

3. Full name of person(s) subject to the notification obligation:iii
YFFinanceLimited
4. Full name of shareholder(s)
(if differentfrom3.):iv
Seeabove
5. Date of thetransaction and date on
which the threshold is crossed or reached:v
6April2016
6.Date onwhich issuer notified:
15April2016
7. Threshold(s) that is/arecrossed or reached:vi,vii
Morethan15%
8. Notified details:  
A:Voting rights attached tosharesviii,ix
Class/typeof
shares
ifpossibleusing theISINCODE
Situationprevious
tothetriggering transaction
Resultingsituationafterthetriggeringtransaction
Number
of Shares
Number
of Voting Rights
Number
ofshares
Numberofvoting
rights
%ofvotingrightsx
Direct
Directxi
Indirectxii
Direct
Indirect
GB00B4X3Q493
26,387,105
26,387,105
33,637,105
33,637,105

15.286%

B:Qualifying Financial Instruments
Resultingsituationafterthetriggeringtransaction
Typeoffinancial
instrument
Expiration
datexiii
Exercise/
ConversionPeriodxiv
Numberofvoting
rightsthatmaybe acquiredifthe instrumentis exercised/converted.
%ofvoting
rights





C:FinancialInstrumentswith similareconomic effect toQualifyingFinancialInstruments
xv,xvi
Resultingsituationafterthetriggeringtransaction
Typeoffinancial
instrument
Exercise
price
Expiration
datexvii
Exercise/
Conversionperiodxviii
Numberofvotingrights
instrumentrefersto
%ofvotingrightsxix,
xx





Nominal
Delta


Total (A+B+C)
Numberofvotingrights
Percentageofvotingrights
33,637,105
15.286%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
ProxyVoting:  
10. Name of the proxyholder:

11. Numberof voting rights proxyholderwill cease tohold:

12. Dateonwhichproxyholderwillceaseto hold voting rights:

13.Additional information:

14. Contact name:
JamiiQuoc,GeneralCounsel
15. Contact telephone number:
+85222395300
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1.Identityoftheissuerortheunderlyingissuer ofexistingsharestowhichvotingrightsare attached:ii
STERLINGENERGYPLC
2Reasonforthenotification(pleaseticktheappropriateboxorboxes):
Anacquisitionordisposalofvotingrights
X
Anacquisitionordisposalofqualifyingfinancialinstrumentswhichmayresultintheacquisitionofshares alreadyissuedtowhichvotingrightsareattached

Anacquisitionordisposalofinstrumentswithsimilareconomiceffecttoqualifyingfinancialinstruments

Aneventchangingthebreakdownofvotingrights

Other(pleasespecify):

3.Fullnameofperson(s)subjecttothe notificationobligation:iii
EXPLORATIONCAPITALPARTNERS2008,LP
4.Fullnameofshareholder(s)
(ifdifferentfrom3.):iv
EXPLORATIONCAPITALPARTNERS2008,LP
5.Dateofthetransactionanddateon whichthethresholdiscrossedor reached:v
APRIL8,2016
6.Dateonwhichissuernotified:
APRIL14,2016
7.Threshold(s)thatis/arecrossedor reached:vi,vii
0(PERCENT)
8. Notified details:  
A:Voting rights attached tosharesviii,ix
Class/typeof
shares
ifpossibleusing theISINCODE
Situationprevious
tothetriggering transaction
Resultingsituationafterthetriggeringtransaction
Number
of Shares
Number
of Voting Rights
Number
ofshares
Numberofvoting
rights
%ofvotingrightsx
Direct
Directxi
Indirectxii
Direct
Indirect
GB00B4X3Q493
6,871,638
6,871,638
0
0
0
0
0
B:QualifyingFinancialInstruments
Resultingsituationafterthetriggeringtransaction
Typeoffinancial
instrument
Expirationdatexiii
Exercise/ ConversionPeriodxiv
Numberofvoting
rightsthatmaybe acquiredifthe instrumentis exercised/converted.
%ofvoting
rights





C:FinancialInstrumentswithsimilareconomiceffecttoQualifyingFinancialInstrumentsxv, xvi
Resultingsituationafterthetriggeringtransaction
Typeoffinancial
instrument
Exercise
price
Expirationdatexvii
Exercise/
Conversionperiodxviii
Numberofvotingrights
instrumentrefersto
%ofvotingrightsxix,
xx





Nominal
Delta


Total(A+B+C)
Numberofvotingrights
Percentageofvotingrights
0
0
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
ProxyVoting:  
10.Nameoftheproxyholder:
EXPLORATIONCAPITALPARTNERS 2008,LP
11.Numberofvotingrightsproxyholderwillcease tohold:
6,871,638
12.Dateonwhichproxyholderwillceasetohold votingrights:
4/8/16
13.Additionalinformation:

14.Contactname:
GRETCHENCARTER
15.Contacttelephonenumber:
760-444-5280

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