TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of
existing shares to which voting rights are attached: EnQuest PLC
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) subject to Legis Trust Limited as Trustee of
the notification obligation: the Nola Trust of which Mr Maroun
Semaan is a potential beneficiary.
4. Full name of shareholder(s) (if N/A
different from 3.):
5. Date of the transaction and date 6 April 2010
on which the threshold is crossed or
reached:
6. Date on which issuer notified: 8 April 2010
7. Threshold(s) that is/are crossed 3%
or reached:
8. Notified details:
A: Voting rights attached to shares
Class/type of Situation Resulting situation after the triggering
shares previous transaction
to the
if possible triggering
using transaction
the ISIN CODE Number Number Number Number of voting % of voting
of of of shares rights rights
Shares Voting Direct Direct Indirect Direct Indirect
Rights
Ordinary Nil Nil 30,068,799 30,068,799 Nil 3.880 Nil
GB00B635TG28
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that may be rights
Period acquired if the
instrument is
exercised/
converted.
C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of % of voting rights
financial price Conversion voting
instrument date rights
period instrument
refers to
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
30,068,799 3.88
9. Chain of controlled undertakings through which the voting rights and/
or the
financial instruments are effectively held, if applicable:
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease to hold: N/A
12. Date on which proxy holder will cease to hold voting rights: N/A
13. Additional information: Notification is based on a total voting
rights figure of 775,027,922.
Maroun Semaan is a beneficiary of the Nola
Trust. Mr Semaan also holds 538,877
EnQuest shares in his name, being 0.07% of
the share capital of the Company.
14. Contact name: Paul Waters
Company Secretary
15. Contact telephone number: +44(0)20 7925 4900
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
| Source: EnQuest PLC
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