TIDMIGAS TIDM84JL

RNS Number : 8907F

Igas Energy PLC

09 November 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 voting rights

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

City of registered office (if applicable)

Country of registered office (if applicable)

US

4. Details of the shareholder

 
  Name                            City of registered office    Country of registered office 
   MERRILL LYNCH INTERNATIONAL     London                       United Kingdom 
                                ===========================  ============================== 
 

5. Date on which the threshold was crossed or reached

07-Nov-2022

6. Date on which Issuer notified

09-Nov-2022

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

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                6.894317                0.140359                7.034676                8879958 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            7.830479                0.113276                7.943755                9999322 
                        ======================  ======================  ======================  ====================== 
 

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 shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB00BZ042C28                                       8702780                                         6.894317 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              8702780                                         6.894317% 
                        ==============================================  ============================================== 
 

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

 
Type of financial           Expiration date   Exercise/conversion period  Number of voting rights   % of voting rights 
instrument                                                                that may be acquired if 
                                                                          the instrument is 
                                                                          exercised/converted 
 Right to Recall                                                           4916                      0.003894 
                                                                          ========================  ================== 
Sub Total 8.B1                                                             4916                        0.003894% 
                                                                          ========================  ================== 
 

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

 
Type of financial   Expiration date   Exercise/conversion   Physical or cash    Number of voting    % of voting rights 
instrument                            period                settlement          rights 
 Swaps               31/07/2024        N/A                   Cash                151682              0.120162 
                    ================  ====================  ==================  ==================  ================== 
 Swaps               31/10/2023        N/A                   Cash                2334                0.001849 
                    ================  ====================  ==================  ==================  ================== 
 Swaps               17/04/2023        N/A                   Cash                13397               0.010613 
                    ================  ====================  ==================  ==================  ================== 
 Swaps               16/11/2022        N/A                   Cash                1769                0.001401 
                    ================  ====================  ==================  ==================  ================== 
 Swaps               16/11/2022        N/A                   Cash                3080                0.002440 
                    ================  ====================  ==================  ==================  ================== 
Sub Total 8.B2                                                                   172262              0.136465% 
                                                                                ==================  ================== 
 

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 controlling     Name of controlled       % of voting rights if  % of voting rights     Total of both if it 
person                   undertaking              it equals or is        through financial      equals or is higher 
                                                  higher than the        instruments if it      than the notifiable 
                                                  notifiable threshold   equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
   Bank of America          Merrill Lynch 
    Corporation              International           6.894317                                      6.914515% 
                         =======================  =====================  =====================  ====================== 
   Bank of America          Bank of America, 
    Corporation              National 
                             Association 
                         =======================  =====================  =====================  ====================== 
 

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

9(th) November 2022

13. Place Of Completion

United Kingdom

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

HOLBRBDBSGGDGDC

(END) Dow Jones Newswires

November 09, 2022 12:07 ET (17:07 GMT)

Igas Energy (LSE:IGAS)
Historical Stock Chart
From Dec 2022 to Jan 2023 Click Here for more Igas Energy Charts.
Igas Energy (LSE:IGAS)
Historical Stock Chart
From Jan 2022 to Jan 2023 Click Here for more Igas Energy Charts.