TIDMMYN

RNS Number : 4727Y

Mayan Energy Limited

03 March 2017

3 March 2017

Mayan Energy Ltd / Index: AIM / Epic: MYN/ ISIN: VGG6622A1057 / Sector: Oil & Gas

Mayan Energy Ltd

("Mayan" or "the Company")

The Board of Mayan announces that the Company has received the following TR-1 notification which is set out below.

For further information visit www.Mayan energy.com or contact the following:

For further information visit www.Mayan energy.com or contact the following:

 
                                            + 1 469 394 
 Eddie Gonzalez      Mayan Energy Ltd        2008 
                                            +44 7971 444 
 Charlie Wood        Mayan Energy Ltd        326 
                     Beaumont Cornish       +44 20 7628 
 Roland Cornish       Ltd                    3396 
                     Beaumont Cornish       +44 20 7628 
 James Biddle         Ltd                    3396 
                     Beaufort Securities    +44 20 7382 
 Elliot Hance         Ltd                    8300 
                     Cornhill Capital       +44 20 7710 
 Nick Bealer          Limited                9612 
                     St Brides Partners     +44 20 7236 
 Elisabeth Cowell     Limited                1177 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                 MAYAN ENERGY PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  ----------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                                x 
------------------------------------------------------------  ---------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------  ---------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  ---------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  ---------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    ---------------------------- 
 3. Full name of person(s)                                    EPSILON INVESTMENTS PTE LTD 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------------- 
 5. Date of the transaction                                   3(rd) March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------- 
 6. Date on which issuer                                      3(rd) March 2017 
  notified: 
-----------------------------------------------------------  ----------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                          7% / 6% / 5% / 4% / 3% 
-----------------------------------------------------------  ----------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous              Resulting situation after the 
  of              to the triggering               triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ------------------------------  -------------------------------------------------------- 
                 Number          Number          Number        Number of              % of voting 
                  of              of              of shares     voting                 rights (x) 
                  Shares          Voting                        rights 
                                  Rights 
--------------  --------------  --------------  ------------  ---------------------  ------------------- 
                                                 Direct        Direct   Indirect      Direct    Indirect 
                                                               (xi)      (xii) 
--------------  --------------  --------------  ------------  -------  ------------  --------  --------- 
                                                                                      Under 
 VGG5S26K1079    1,663,240,600   1,663,240,600                                         3% 
                --------------  --------------  ------------  -------  ------------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------- 
 Type of         Expiration      Exercise/                     Number of voting       % of voting 
  financial       date            Conversion                    rights that            rights 
  instrument      (xiii)          Period (xiv)                  may be 
                                                                acquired if 
                                                                the 
                                                                instrument 
                                                                is 
                                                                exercised/ 
                                                                converted. 
--------------  --------------  ----------------------------  ---------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------- 
 Type of         Exercise        Expiration      Exercise/     Number of voting       % of voting 
  financial       price          date            Conversion     rights instrument      rights (xix, 
  instrument                     (xvii)          period         refers to              xx) 
                                                 (xviii) 
--------------  --------------  --------------  ------------  ---------------------  ------------------- 
                                                                                      Nominal   Delta 
--------------  --------------  --------------  ------------  ---------------------  --------  --------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------- 
 Number of voting rights                         Percentage of voting rights 
----------------------------------------------  -------------------------------------------------------- 
                                                 Under 3% 
----------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------- 
 
 
 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: 
-------------------------------------------------------------  ----------------- 
 14. Contact name:                                              SUJATHA PANICKER 
-------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                  + 67 34 6350 
-------------------------------------------------------------  ----------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUOURRBBAORAR

(END) Dow Jones Newswires

March 03, 2017 05:30 ET (10:30 GMT)

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