Holding(s) in Company (6207Z)

TIDMSLE

RNS Number : 6207Z

San Leon Energy PLC

18 January 2011

Standard Form TR-1 Voting rights attached to shares- Article 12(1) of directive 2004/109/EC Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

SAN LEON ENERGY PLC

2. Reason for the notification (please tick the appropriate box or boxes):

[x ] an acquisition or disposal of voting rights

[ ] an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

[ ] an event changing the breakdown of voting rights

3. Full name of person(s) subject to the notification obligation:

Soros Fund Management LLP

4. Full name of shareholder(s) (if different from 3.):

Quantum Partners LP

5. Date of the transaction and date on which the threshold is crossed or reached:

6th January 2011

6. Date on which issuer notified:

17th January 2011

7. Threshold(s) that is/are crossed or reached:

22%

8. Notified details:

 
 A) Voting rights attached to shares 
----------------------------------------------------------------------------------------------- 
 Class/type 
  of shares 
  (if possible   Situation previous 
  using the       to the Triggering       Resulting situation after the 
  ISIN CODE)      transaction              triggering transaction 
--------------  -----------------------  ------------------------------------------------------ 
                 Number    Number of 
                 of        Voting         Number       Number of              % of voting 
                 Shares    rights          of shares    voting rights          rights 
--------------  --------  -------------  -----------  ---------------------  ------------------ 
                                          Direct       Direct   Indirect      Direct   Indirect 
--------------  --------  -------------  -----------  -------  ------------  -------  --------- 
                 Below 
 IE00B3CLK236     3%       Below 3%       N/A          N/A      176,928,520   N/A      22.62% 
--------------  --------  -------------  -----------  -------  ------------  -------  --------- 
 SUBTOTAL A 
  (based on 
  aggregate 
  voting rights)                                       176,928,520            22.62% 
----------------------------------------------------  ---------------------  ------------------ 
 
 
 B) Financial Instruments 
---------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------- 
 Type of      Expiration   Exercise/Conversion   Number of voting      % of voting 
 financial     Date         Period/ Date         rights that may be    rights 
 instrument                                      acquired if the 
                                                 instrument is 
                                                 exercised/converted 
-----------  -----------  --------------------  --------------------  ------------ 
 
                           SUBTOTAL B 
                            (in relation 
                            to all expiration 
                            dates) 
                          --------------------  --------------------  ------------ 
 
 
 Total (A+B)   number of voting rights   % of voting rights 
------------  ------------------------  ------------------- 
 176,928,520   176,928,520               22.62% 
------------  ------------------------  -------------------

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable

10. In case of proxy voting: [name of the proxy holder] will cease to hold [number] voting rights as of [date].

11. Additional information:

Done at [place] on [date].

 
 Full name (including legal form for         Jay Schoenfarber, Soros Fund 
  legal entities)                             Management LLC 
 Contact address (registered office 
  for legal entities) 
 Phone number                                212-320-5000 
 Other useful information (at least 
  legal representative for legal persons)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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