TIDMALK

RNS Number : 5688G

Alkane Energy PLC

13 May 2011

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer or the        Alkane Energy plc 
  underlying issuer of existing shares 
  to which voting rights are attached: 
--------------------------------------  ------------------ 
 
 
 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      No 
  which may result in the acquisition of shares already 
  issued to which voting rights are attached 
-----------------------------------------------------------------  ------ 
 An acquisition or disposal of instruments with similar              No 
  economic effect to qualifying financial instruments 
-----------------------------------------------------------------  ------ 
 An event changing the breakdown of voting rights                    No 
-----------------------------------------------------------------  ------ 
 Other (please                                                       No 
  specify): 
-----------------  ----------------------------------------------  ------ 
 
 
 
 3. Full name of person(s) subject      William Samuel Clive Richards 
  to the notification obligation:        OBE 
-------------------------------------  ------------------------------ 
 4. Full name of shareholder(s) (if 
  different from 3.):                   See section 9 
-------------------------------------  ------------------------------ 
 5. Date of the transaction and date 
  on which the threshold is crossed 
  or reached:                           10(th) May 2011 
-------------------------------------  ------------------------------ 
 6. Date on which issuer notified:      13(th) May 2011 
-------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are crossed 
  or reached:                           3% 
-------------------------------------  ------------------------------ 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------ 
 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering      Resulting situation after the triggering 
 ISIN CODE       transaction             transaction 
-------------  ----------------------  --------------------------------------------------- 
                            Number 
                Number       of 
                 of          Voting     Number of   Number of voting     % of voting 
                 Shares      Rights     shares       rights              rights 
-------------  ----------  ----------  ----------  -------------------  ------------------ 
                                        Direct      Direct   Indirect    Direct   Indirect 
-------------  ----------  ----------  ----------  -------  ----------  -------  --------- 
 GB003286613    2,470,000   2,470,000   2,925,000            2,925,000            3.11% 
-------------  ----------  ----------  ----------  -------  ----------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------ 
 Type of financial   Expiration   Exercise/     Number of voting   % of voting 
  instrument          date         Conversion   rights that may     rights 
                                   Period       be acquired if 
                                                the instrument 
                                                is exercised/ 
                                                converted. 
------------------  -----------  ------------  -----------------  ------------ 
 
 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------- 
 Type of      Exercise   Expiration   Exercise/    Number of    % of voting 
 financial     price      date        Conversion   voting        rights 
 instrument                           period       rights 
                                                   instrument 
                                                   refers to 
-----------  ---------  -----------  -----------  -----------  ---------------- 
                                                                Nominal   Delta 
-----------  ---------  -----------  -----------  -----------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 2,925,000                 3.11% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting 
  rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------- 
 William Samuel Clive Richards OBE - 1,455,000 shares 
  Mrs Sylvia Ann Richards - 920,000 shares 
  Medalmark Limited - 325,000 shares 
  St Mary Abchurch Investments (1984) Ltd - 225,000 shares 
 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: 
-------------------------------  ------------------------------ 
                                  William Samuel Clive Richards 
 14. Contact name:                 OBE 
-------------------------------  ------------------------------ 
 15. Contact telephone number:    020 7831 3310 
-------------------------------  ------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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