TIDMIGAS

RNS Number : 8419W

Igas Energy PLC

23 August 2022

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BZ042C28

Issuer Name

IGAS ENERGY PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

ODEY ASSET MANAGEMENT LLP

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

19-Aug-2022

6. Date on which Issuer notified

22-Aug-2022

7. Total positions of person(s) subject to the notification obligation

 
                               % of voting             % of voting            Total of both in         Total number of 
                               rights attached         rights through         % (8.A + 8.B)            voting rights 
                               to shares               financial                                       held in issuer 
                               (total of 8.A)          instruments 
                                                       (total of 8.B 
                                                       1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                0.000000                5.100000               5.100000                 6425000 
                        ======================  =====================  =======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            0.000000                4.260000               4.260000 
                        ======================  =====================  =======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
       Class/Type of             Number of              Number of              % of direct             % of indirect 
       shares ISIN               direct voting          indirect               voting rights           voting rights 
       code(if possible)         rights                 voting rights          (DTR5.1)                (DTR5.2.1) 
                                 (DTR5.1)               (DTR5.2.1) 
 
       Sub Total 8.A 
                          ============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
       Type of              Expiration            Exercise/conversion         Number of voting            % of voting 
       financial            date                  period                      rights that may be          rights 
       instrument                                                             acquired if the 
                                                                              instrument is 
                                                                              exercised/converted 
 
       Sub Total 
       8.B1 
                     ================================================  ==========================  =================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
       Type of             Expiration          Exercise/conversion          Physical or         Number         % of 
       financial           date                period                       cash                of             voting 
       instrument                                                           settlement          voting         rights 
                                                                                                rights 
 Contract for 
  Difference         N/A                                               Cash               6425000        5.100000 
                    ===============================================   =================  =============  ============== 
       Sub Total 8.B2                                                                     6425000        5.100000% 
                                                                                         =============  ============== 
 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

 
       Ultimate                 Name of                  % of voting             % of voting            Total of both 
       controlling              controlled               rights if it            rights through         if it equals 
       person                   undertaking              equals or is            financial              or is higher 
                                                         higher than the         instruments if         than the 
                                                         notifiable              it equals or           notifiable 
                                                         threshold               is higher than         threshold 
                                                                                 the notifiable 
                                                                                 threshold 
   Odey Asset 
    Management LLP          Odey Asset Management LLP                        5.100000               5.100000% 
                         ===============================================  =====================  ===================== 
   Odey Asset 
    Management LLP          Odey Special Situations Fund                     5.100000               5.100000% 
                         ===============================================  =====================  ===================== 
 

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

22-Aug-2022

13. Place Of Completion

London UK

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END

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