www.aurelianoil.com
Aurelian Oil & Gas PLC, was founded in December 2002, and is focused on the re-emerging Central and Eastern European oil and gas markets, the oldest producing oil province in the world.
Current projects span the region from Poland to Bulgaria, with production in Romania, a deep appraisal well drilled on a large structure in Poland in March 2007 to be developed with a further horizontal well to be drilled in 2010, together with exciting exploration prospects including projects in four countries, Romania (4 blocks), Slovakia (3 blocks), Bulgaria (2 blocks) and Poland (14 blocks). Aurelian is the operator in all of these except Bulgaria.
RNS Release - Substantial shareholdings
Aurelian Oil & Gas PLC
("Aurelian")
Substantial shareholdings/Directors shareholdings
On 4 November 2011 Aurelian received a TR1 Notification of Major Interests in Shares from Kulczyk Investments S.A. ("Kulczyk"), stating that on 4 November 2011, as a result of an acquisition of an interest in a further 10,641,261 ordinary shares of 5 pence each ("Shares"), the number of Shares in which it is now interested is 66,300,104 representing 13.41% of the total voting rights ("TVR") in Aurelian.
As announced on 17 February 2011, Dariusz Mioduski, a director of Aurelian and Kulczyk, has previously notified the Company that Radwan Investments GmbH ("Radwan"), a wholly owned subsidiary of Radwan Privatstiftung, an Austrian private foundation whose class of beneficiaries includes Mr Mioduski's infant children, holds an interest in 4,914,193 Shares representing 0.99% of the TVR in Aurelian.
Mr Mioduski has a beneficial interest in 4,914,193 Shares representing 0.99% of the TVR in Aurelian held by Radwan and, as a director of Kulczyk, is deemed to hold a legal non-beneficial interest in 66,300,104 Shares representing 13.41% of the TVR in Aurelian. Mr Mioduski's total interest in Shares has therefore increased to 71,214,297, representing 14.41% of the TVR in Aurelian as a result of Kulczyk's acquisition.
As an alternate director of Aurelian, Manoj Madnani has notified the Company that his legal non-beneficial interest, deemed to be held in his capacity as a director of Kulczyk, in Shares in Aurelian has increased to 66,300,104 Shares representing 13.41% of the TVR in Aurelian. His beneficially held interest remains at 145,924 Shares representing 0.03% of the TVR in Aurelian. His total interest in Shares has therefore increased to 66,446,028, representing 13.44% of the TVR in Aurelian.
7 November 2011
Enquiries:
Aurelian Oil & Gas | |
Mark Reid, Chief Financial Officer | 020 7245 4958 |
Ambrian Partners | |
Nominated Adviser | |
Richard Morrison / Jen Boorer | 020 7634 4856 |
This information is provided by RNS
