ABERDEENSHIRE, UNITED KINGDOM--(Marketwire - January 18, 2011) - Xcite Energy Limited (TSX-V: XEL) (LSE: XEL) (AIM: XEL)
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: |
13/01/2011 |
| 6. Date on which issuer notified: |
18/01/2011 |
| 7. Threshold(s) that is/are crossed or reached: |
3% |
| 8.Notified details: Nominee holdings |
| A: Voting rights attached to shares |
| Class/type of shares |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
if possible using
the ISIN CODE |
Number of Shares |
Number of Voting Rights viii |
Number of shares |
Number of voting rights |
% of voting rights |
| Direct |
Direct |
Indirect |
Direct |
Indirect |
| B2942B1 |
|
|
|
|
4,634,494 |
|
2.92% |
| 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 |
| 4,634,494.00 |
2.92% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
| |
|
|
| Vidacos Nominees Ltd |
(4,634,494 |
2.92%) |
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| 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 158,703,998 |
| 14. Contact name: |
Jean Birrell |
| 15. Contact telephone number: |
0141 222 8226 |
Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in shares
| A: Identity of the persons or legal entity subject to the notification obligation |
| Full name (including legal form of legal entities) |
|
| Contact address (registered office for legal entities) |
|
| Phone number & email |
0141 222 8286 |
| Other useful information (at least legal representative for legal persons) |
Stephanie Griffin |
| B: Identity of the notifier, if applicable |
| Full name |
Jean Birrell |
| Contact address |
50 Bothwell Street, Glasgow, G2 6HR |
| Phone number |
0141 222 8226 |
| Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) |
Public Relations Manager |
| C: Additional information |
| The submission of this disclosure is late due to a change in Share Capital not being updated on 11th January 2011 on Bloomberg, therefore it was not noticed that the 3% threshold had been crossed until the share capital change was made today. |
For notes on how to complete form TR-1 please see the FSA website.
Contact Information:
Jean Birrell
Public Relations Manager
0141 222 8226