Xcite Energy Limited ("Xcite Energy" or the "Company") TR-1: Notification of Major Interest in Shares
January 18 2011 - 11:54AM
Marketwired
Xcite Energy Limited (TSX-V: XEL) (LSE: XEL) (AIM: XEL)
For filings with the FSA include the annex For filings with
issuer exclude the annex
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1. Identity of the issuer or the underlying issuer XCITE ENERGY (CDI)
of existing shares to which voting rights are
attached:
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2. Reason for the notification (please tick the appropriate box or
boxes)
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An acquisition or disposal of voting rights X
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An acquisition or disposal of financial instruments which may result in
the acquisition of shares already issued to which voting rights are
attached
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An event changing the breakdown of voting rights
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Other (please specify): ___________
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3. Full name of person(s) subject to Ignis Investment Services Limited
the notification obligation:
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4. Full name of shareholder(s) (if
different from 3.):
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5. Date of the transaction and date on 13/01/2011
which the threshold is crossed or
reached if different:
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6. Date on which issuer notified: 18/01/2011
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7. Threshold(s) that is/are crossed or 3%
reached:
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8.Notified details: Nominee holdings
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A: Voting rights attached to shares
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Class/type Situation previous Resulting situation after the triggering
of shares to the triggering transaction
transaction
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if possible Number of Number of Number of Number of voting % of voting
using Shares Voting shares rights rights
the ISIN Rights
CODE viii
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Direct Direct Indirect Direct Indirect
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B2942B1 4,634,494 2.92%
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B: Financial Instruments
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Resulting situation after the triggering transaction xii
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Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that may be rights
instrument Period/ Date acquired if the
instrument is
exercised/
converted.
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C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments
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Resulting situation after the triggering transaction
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Type of Exercise Expiration Exercise/ Number of % of voting
financial price Date Conversion voting rights rights
instrument period instrument
refers to
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Nominal Delta
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Total (A+B+C)
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Number of voting rights Percentage of voting rights
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4,634,494.00 2.92%
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9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable:
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Vidacos Nominees Ltd (4,634,494 2.92%)
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease
to hold:
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12. Date on which proxy holder will cease to hold
voting rights:
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13. Additional information: Percentage calculation based on Issued Share
Capital of 158,703,998
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14. Contact name: Jean Birrell
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15. Contact telephone number: 0141 222 8226
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Note: Annex should only be submitted to the FSA
not the issuer
Annex: Notification of major interests in
shares
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A: Identity of the persons or legal entity subject to the notification
obligation
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Full name (including legal form of legal
entities)
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Contact address (registered office for
legal entities)
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Phone number & email 0141 222 8286
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Other useful information (at least legal Stephanie Griffin
representative for legal persons)
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B: Identity of the notifier, if applicable
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Full name Jean Birrell
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Contact address 50 Bothwell Street, Glasgow,
G2 6HR
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Phone number 0141 222 8226
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Other useful information (e.g. functional Public Relations Manager
relationship with the person or legal
entity subject to the notification
obligation)
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C: Additional information
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The submission of this disclosure is late due to a change in Share Capital
not being updated on 11th January 2011 on Bloomberg, therefore it was not
noticed that the 3% threshold had been crossed until the share capital
change was made today.
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For notes on how to complete form TR-1 please
see the FSA website.
Jean Birrell Public Relations Manager 0141 222 8226