RNS Number : 4296U
Sound Oil PLC
15 October 2014
 



15 October 2014

 

Sound Oil plc

("Sound Oil" or the "Company")

 

Holding(s) in Company

 

Sound Oil, the European / Mediterranean focused upstream oil and gas company, announces that it has been notified that the 15,000,000 ordinary shares in the Company held by Simplify Partners S.A. (as previously announced on 10 July 2014) are under the delegated management of Method Investments & Advisory Ltd.   

 

The notification received by the Company contained the following information:

 

·     Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

 

Sound Oil PLC - GB00B90XFF12

 

·     Reason for the notification:

 

An acquisition/disposal of voting rights

 

·     Full name of person(s) subject to the notification obligation:

 

Method Investments & Advisory Ltd, as delegated investment manager

 

·     Full name of shareholder(s) (if different from above):

 

Simplify SCA Sicav-FIS (Sub-account Simplify 2_Classic)

 

·     Date of the transaction and date on which the threshold is crossed or reached:

 

July 8, 2014

 

·     Date on which issuer notified:

 

09/10/2014

 

·     Threshold(s) that is/are crossed or reached:

 

3%

 

·     Notified details:

 

Situation previous to the Triggering transaction

 

ISIN

Number of Shares

Number of voting rights

GB00890XFF12

0

0

 

·     Resulting situation after the triggering transaction:

 

ISIN

Number of Shares

Number of voting rights

% of voting rights

GB00890XFF12

15,000,000

15,000,000

Direct:

3.61%

Indirect:

 

 

For further information please contact:

 

Sound Oil

James Parsons, Chief Executive Officer

 

 

j.parsons@soundoil.co.uk

 

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes

 

Tel: 44 (0)20 7131 4000

Peel Hunt - Broker

Richard Crichton

Charles Batten

 

Tel: 44 (0)20 7418 8900

 


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