Notification of Interest

RNS Number : 5889T
Serica Energy plc
09 June 2009
 






TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


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

  

Serica Energy plc


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


An acquisition or disposal of voting rights

Yes 


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

 No


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

 No


An event changing the breakdown of voting rights

 No


Other (please specify):

  

 No


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


 Sprott Asset Management LP

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


 Refer to section 9

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


 June 2, 2009

6. Date on which issuer notified:


 June 4, 2009

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


 Initial cross 3%

  

8. Notified details:

A: Voting rights attached to shares


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

V
oting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

 Ordinary

 4,891,200

 4,891,200

 5,778,200

 

5,778,200 

 

 3.3%

 


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction


Type of financial
instrument

Expiration
date

Exercise/ 
Conversion 
Period

Number of voting
rights that may be

acquired if the

instrument is

exercised/ converted.


% of voting
rights

 N/A

 

 

 

 


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction


Type of financial
instrument

Exercise 
price

Expiration 
date

Exercise/
Conversion 

period

Number of voting 
rights instrument 
refers to

% of voting rights


 

 

 

 

 

Nominal

Delta


 

 


Total (A+B+C)


Number of voting rights

Percentage of voting rights

 5,778,200

 3.3%


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

Sprott Asset Management is the portfolio manager acting on behalf of Sprott Canadian Equity Fund, Sprott Energy Fund, Sprott Bull/Bear RSP Fund, Sprott Hedge Fund L.P. II., Sprott Master Fund, Ltd., Sprott Master Fund II, Ltd., and the Sprott Managed Accounts







Proxy Voting:


10. Name of the proxy holder:


 

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


 

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


 


13. Additional information:


 

14. Contact name:


 Maggie Tang


15. Contact telephone number:


 1-416-943-4072

mtang@sprott.com



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