Encore Oil Plc : 16 January 2012 - Holdings in Company

Posted on: Monday, January 16, 2012

For immediate release: 16 January 2012  

EnCore Oil plc ('EnCore' or 'the Company')

TR-1: Notifications of Major Interests in Shares

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:ii			Encore Oil 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 the notification obligation:iii		Barclays Plc
4. Full name of shareholder(s)  (if different from 3.):iv		Barclays Capital Securities Ltd Gerrard Investment Management Ltd
5. Date of the transaction and date on which the threshold is crossed or reached:v		13 January 2012
6. Date on which issuer notified:		16 January 2012
7. Threshold(s) that is/are crossed or reached: vi, vii		7%

8. Notified details:

A: Voting rights attached to sharesviii, ix

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

Number of shares

Number of voting rights

% of voting rights x

Direct xi

Indirect xii

Direct

Indirect

GB00B06KL332

21,880,685

21,880,685

18,000,646

17,970,646

30,000

5.77%

0.01%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial Instrument

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Portfolio Swap Portfolio Swap Portfolio Swap

9 April 2012 6 August 2012 16 January 2012

24,333 247,665 1,066,729

0.01% 0.08% 0.34%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

19,339,373

6.20%

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. to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:	Geoff Smith
15. Contact telephone number:	0207 116 2913

For further information, please contact:

Alan Booth, Chief Executive Officer	[phone]
Eugene Whyms, Chief Financial Officer
Yvonne Fraser, Investor Relations Manager	[phone]
Cenkos Securities plc
Jon Fitzpatrick	[phone]
Ken Fleming	[phone]

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