ABERDEENSHIRE, UNITED KINGDOM--(Marketwire - December 6, 2010) - Xcite Energy Limited (
For filings with the FSA include the annex
For filings with issuer exclude the annex
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | XCITE ENERGY (CDI) | ||
| 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 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 | |||
| Other (please specify): ___________ | |||
| 3. Full name of person(s) subject to the notification obligation: | Ignis Investment Services Limited | ||
| 4. Full name of shareholder(s) (if different from 3.): | |||
| 5. Date of the transaction and date on which the threshold is crossed or reached if different: | 02/12/2010 | ||
| 6. Date on which issuer notified: | 03/12/2010 | ||
| 7. Threshold(s) that is/are crossed or reached: | 4% | ||
| 8.Notified details: Nominee holdings | |||||||
| A: Voting rights attached to shares | |||||||
| Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction | |||||
| Number of Shares |
Number of Voting Rights viii |
Number of shares | Number of voting rights |
% of voting rights |
|||
| Direct | Direct | Indirect | Direct | Indirect | |||
| B2942B1 | 6,010,494 | 3.79% | |||||
| B: Financial Instruments | ||||
| Resulting situation after the triggering transaction xii | ||||
| Type of financial instrument | Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
| Resulting situation after the triggering transaction | ||||||
| Type of financial instrument | Exercise price |
Expiration Date |
Exercise/ Conversion period | Number of voting rights instrument refers to |
% of voting rights |
|
| Nominal | Delta | |||||
| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 6,010,494.00 | 3.92% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
Vidacos Nominees Ltd (6,010,494.00 3.79%) |
| 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: | Percentage calculation based on Issued Share Capital of 158,543,277 (based on FTS 03/12/10) |
| 14. Contact name: | Jean Birrell |
| 15. Contact telephone number: | 0141 222 8226 |
Contact Information:
Contact:
Jean Birrell
0141 222 8226