RNS Number : 8937M
Sound Oil PLC
21 September 2012
 



21 September 2012

 

Sound Oil plc

("Sound Oil" or "the Company")

 

Holding in Company

 

Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, announces that it was notified on 21 September 2012 that Manxdale Holdings Limited ("Manxdale", a fund connected with Astin Capital Management Limited ("Astin")) is interested in 595,000,000 ordinary shares of 0.1p each in the Company (representing 20.73% of the Company's issued ordinary shares) of which 442,480,837 are currently held in escrow (pursuant to the private placement through Astin announced on 16 July 2012) and 152,519,163 are held by Manxdale.

 

 

 

For further information please contact:

 

Sound Oil

Gerry Orbell, Chairman & Chief Executive

James Parsons, Chief Financial Officer

 

Tel: 44(0)1372 365745

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

 

Tel: 44 (0)20 7131 4000

Westhouse Securities - Broker

Antonio Bossi

Jonathan Haines

 

Tel: 44 (0)20 7601 6100

Buchanan

Tim Thompson

Ben Romney

Helen Chan

 

Tel: 44 (0)20 7466 5000

 

 


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