REG - Lansdowne Oil & Gas - Holding(s) in Company

Lansdowne Oil & GasAnnouncement

22/04/2021 16:20

RNS Number : 3587W
  
Lansdowne Oil & Gas plc
  
22 April 2021
  
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. If you have any queries on this, then please contact Steve Boldy, the Chief Executive Officer of the Company (responsible for arranging release of this announcement).
 
22 April 2021
Lansdowne Oil & Gas plc
("Lansdowne" or the "Company")
Holding(s) in Company
The Company has been informed that following an additional on-market purchase of shares on 22 April 2021, Oliver Stansfield's interest in the voting rights of the Company has increased to 3.43% as detailed in the TR-1 below.
Mr Stansfield's interest is a combination of ordinary shares of 0.1 pence each ("Ordinary Shares") and financial instruments (as defined in the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority).
Oliver Stansfield is the Chief Executive Officer of Brandon Hill Capital, who own an additional 100,671,158 Lansdowne Oil & Gas ordinary shares, representing a further 11.5% of the outstanding issued share capital.
 
 
For further information please contact:




Lansdowne Oil & Gas plc


+353 1 963 1760




Steve Boldy


 




 


 




SP Angel Corporate Finance LLP


+44 (0) 20 3470 0470




Nominated Adviser and Joint Broker


 




Stuart Gledhill


 




Richard Hail


 




 


 




 


 




Brandon Hill Capital


+44 (0) 20 3463 5061




Joint Broker


 




Oliver Stansfield


 




 
Notes to editors:
About Lansdowne
Lansdowne Oil & Gas (LOGP.LN) is a North Celtic Sea focused, oil and gas exploration and appraisal company quoted on the AIM market and head quartered in Dublin.
For more information on Lansdowne, please refer to www.lansdowneoilandgas.com.
 
 
TR-1: Standard form for notification of major holdings
 




NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i




 




1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: 


Lansdowne Oil & Gas




1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)




Non-UK issuer


 




2. Reason for the notification (please mark the appropriate box or boxes with an "X")




An acquisition or disposal of voting rights


X




An acquisition or disposal of financial instruments


 




An event changing the breakdown of voting rights


 




Other (please specify)iii: admission of new shares via placing


 




3. Details of person subject to the notification obligationiv




Name


Oliver Stansfield




City and country of registered office (if applicable)


London, UK




4. Full name of shareholder(s) (if different from 3.)v




Name


 




City and country of registered office (if applicable)


 




5. Date on which the threshold was crossed or reachedvi:


22/04/2021




6. Date on which issuer notified (DD/MM/YYYY):


22/04/2021




7. Total positions of person(s) subject to the notification obligation




 


% of voting rights attached to shares (total of 8. A)


% of voting rights through financial instruments

(total of 8.B 1 + 8.B 2)


Total of both in % (8.A + 8.B)


Total number of voting rights of issuervii




Resulting situation on the date on which threshold was crossed or reached


0.63%


2.8%


3.43%


873,618,337




Position of previous notification (if 
applicable)


NA


NA


NA


 



 
 
 
 
 
 
 



 




8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii




A: Voting rights attached to shares




Class/type of

shares
ISIN code (if possible)


Number of voting rightsix


% of voting rights




Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)


Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)




GB00B2QBNL29


5,491,666


24,508,334


0.63%


2.8%




 


 


 


 


 




 


 


 


 


 




SUBTOTAL 8. A


30,000,000


3.43%




 
 




B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))




Type of financial instrument


Expiration

datex


Exercise/

Conversion Periodxi


Number of voting rights that may be acquired if the instrument is 
exercised/converted.


% of voting rights




 


 


 


 


 




 


 


 


 


 




 


 


 


 


 




 


 


SUBTOTAL 8. B 1


 


 




 
 




B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))




Type of financial instrument


Expiration

datex


Exercise/

Conversion Period xi


Physical or cash 
settlementxii


Number of voting rights 


% of voting rights




 


 


 


 


 


 




 


 


 


 


 


 




 


 


 


 


 


 




 


 


 


SUBTOTAL 8.B.2


 


 




 
 
 



 
 
 
 
 
 
 
 
 
 



 




9. Information in relation to the person subject to the notification obligation (please mark the 
applicable box with an "X")




Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii


X




Full chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)


 




Namexv


% of voting rights if it equals or is higher than the notifiable threshold


% of voting rights through financial instruments if it equals or is higher than the notifiable threshold


Total of both if it equals or is higher than the notifiable threshold




 


 


 


 




 


 


 


 




 


 


 


 




 


 


 


 




 


 


 


 




 




10. In case of proxy voting, please identify:




Name of the proxy holder


 




The number and % of voting rights held


 




The date until which the voting rights will be held


 




 




11. Additional informationxvi




Oliver Stansfield is the Chief Executive Officer of Brandon Hill Capital, who own an additional 100,671,158 Lansdowne Oil & Gas shares, representing a further 11.5% of the outstanding issued share capital.



 
 
 
 
 



 




Place of completion


UK




Date of completion


22/04/2021




 

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