SOUND OIL PLC
("Sound" or the "Company")
Holdings in Company
Sound received notification on 21 January 2011 from RAB Capital plc ("RAB") that, following the issue of shares in the capital of the Company on 20 January 2011, RAB is now interested in a total of 339,074,606 shares representing 22.37% 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 286,074,606 shares representing 18.88% 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 3.50% 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