Source - LSE Regulatory
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:

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
date
x

Exercise/
Conversion Period
xi

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
date
x

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 entity
xiv (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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