Notification of Major Interest in Shares

RNS Number : 7482E
EnQuest PLC
12 April 2011
 



 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESI

 



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

EnQuest PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the
notification obligation:
iii

Lorito Holdings (Guernsey) Limited & Zebra Holdings and Investments (Guernsey) Limited both of 1st & 2nd Floors, Elizabeth House, Les Ruettes Brayes, St Peter Port, Guernsey GY1 1EW

4. Full name of shareholder(s)
 (if different from 3.):iv

N/A

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

11 April 2011

6. Date on which issuer notified:

11 April 2011

7. Threshold(s) that is/are crossed or
reached:
vi, vii

8 and 7 % (Article 9 of Directive 2004/109/EC)



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary

61,000,000

&

10,350,000

61,000,000

&

10,350,000

42,500,000

&

10,000,000

42,500,000

&

10,000,000

Nil

6.567 %

Nil

GB00B635TG28


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

52,500,000

6.567 %



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

 

 


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease
to hold:

N/A

12. Date on which proxy holder will cease to hold
voting rights:

N/A



13. Additional information:


Notification is based on a total voting rights figure of 799,462,905.

 

Lorito Holdings (Guernsey) Limited holds 42,500,000

EnQuest shares

 

Zebra Holdings and Investments (Guernsey) Limited holds 10,000,000 EnQuest shares

 

 

14. Contact name:

Paul Waters

Company Secretary

15. Contact telephone number:

+44(0)20 7925 4900

 


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