SOUND OIL PLC
("Sound" or the "Company")
Holdings in Company
Sound received notification on 6 January 2011 from RAB Capital plc ("RAB") that, following the acquisition by the Company of shares in Consul Oil & Gas Limited on 5 January 2011, RAB is now interested in a total of 330,917,624 shares representing 25.74% of the Company's issued share capital.
RAB acts as investment manager for RAB Energy Fund Limited and RAB Octane (Master) Fund Limited who are beneficial owners of 277,917,624 shares representing 21.62% of the Company's issued share capital. The legal title to these shares is held by Credit Suisse Client Nominees (UK) Limited.
53,000,000 shares, representing 4.12% of the Company's issued share capital, are held by Mr. Gavin Wilson who is the appointed fund manager of RAB Energy Fund Limited and RAB Octane (Master) Fund Limited and is an employee of RAB.
For further enquiries please contact:
Sound Oil plc
07903 861 145
Gerry Orbell - Chairman
Sarah Wharry/Christopher Raggett - Corporate Finance
Tom Jenkins/Joanna Weaving - Corporate Broking
020 7600 1658
020 7466 5000