Encore Oil Plc : 24 November 2011 - Holdings in Company

Posted on: Thursday, November 24, 2011

For immediate release: 24 November 2011  

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

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		Encore Oil Plc
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			YES
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 notification obligation:	Deutsche Bank AG
4. Full name of shareholder(s) (if different from 3):
5. Date of transaction (and date on which the threshold is crossed or reached if different):	21/11/2011
6. Date on which issuer notified:	23/11/2011
7. Threshold(s) that is/are crossed or reached:	Below 9%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use 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		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
GB00B06KL332	28,818,284	28,818,284	26,316,607	26,304,257	12,350	8.91%	0.00%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired if the instrument exercised/converted	Percentage 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	No. of voting rights instrument refers to	Percentage of voting rights
				Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
26,316,607	8.91%

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

N/A

Proxy Voting:
10. Name of proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12.

13. Additional information:
14 Contact name:	Es Nelson Jones
15. Contact telephone name:	[phone]

For further information, please contact:

EnCore Oil plc	www.encoreoil.co.uk
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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