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 - Holding(s) in Company
Aurelian Oil & Gas plc
("Aurelian" or "the Company")
Holding(s) in Company
Toscafund Asset Management LLP
On 11 November 2011 Aurelian received a TR1 Notification of Major Interests in Shares from Toscafund Asset Management LLP, on behalf of Tosca Mid Cap, Tosca Opportunity and DB Platinum Tosca Mid Cap Equity Fund, stating that, as at 9 November 2011 there had been an acquisition of shares. These transactions took the relevant interests to above the 23% threshold.
The situation previous to the triggering transaction was a holding of 100,195,140 ordinary shares and voting rights over 100,195,140 ordinary shares.
The situation after the triggering transactions was an indirect holding of 101,561,752 ordinary shares in Aurelian and voting rights over ordinary shares (representing the same number of indirect voting rights) and an indirect holding of 13,361,226 held under financial instruments with similar economic effect to qualifying financial instruments.
As a result, the Notification relates to in aggregate 114,922,978 voting rights or 23.25% of the Company's total voting rights.
14 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 |
www.aurelianoil.com
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