TIDMSLE

RNS Number : 5617M

San Leon Energy PLC

12 May 2020

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

12 May 2020

San Leon Energy plc

("San Leon" or the "Company")

Holding in Company

San Leon, the independent oil and gas production, development and exploration company focussed on Nigeria, was informed on 11 May 2020 that funds managed by Toscafund Asset Management LLP held 228,771,927 ordinary shares in the Company, representing 50.85% of the issued share capital of the Company, following the sale of 98,000,000 ordinary shares on 7 May 2020.

Enquiries:

 
                                         + 353 1291 
 San Leon Energy plc                      6292 
 Oisin Fanning, Chief Executive 
 
 Cantor Fitzgerald Europe 
  (Nominated adviser and joint broker    +44 207 894 
  to the Company)                         7000 
 David Porter 
  Rick Thompson 
 
 
   Whitman Howard Limited                +44 20 7659 
   (Joint broker to the Company)          1234 
 Nick Lovering 
 
 Brandon Hill Capital Limited            +44 20 3463 
  (Joint broker to the Company)           5000 
 Oliver Stansfield 
  Jonathan Evans 
 
 Tavistock                               +44 20 7920 
  (Financial Public Relations)            3150 
 Nick Elwes 
  Simon Hudson 
  Barnaby Hayward 
 
                                         +353 1 230 
 Plunkett Public Relations                3781 
 Sharon Plunkett 
 

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END

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May 12, 2020 02:00 ET (06:00 GMT)

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