Last checked at 9 Oct 2009 07:00
| 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: | Sound Oil plc |
| 2. Reason for 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): |
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| 3. Full name of person(s) subject to notification obligation: | RAB CAPITAL PLC ACTING AS DISCRETIONARY MANAGER OF RAB ENERGY FUND LIMITED |
| 4. Full name of shareholder(s) (if different from 3): | CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED |
| 5. Date of transaction (and date on which the threshold is crossed or reached if different): | 07/10/2009 |
| 6. Date on which issuer notified: | 08/10/2009 |
| 7. Threshold(s) that is/are crossed or reached: | 16%, 15%, 14%, 13%, 12%, 11%, 10%, 5% |
| 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 | ||||
| ORDINARY SHARES GB00B09VL556 | 112,393,636 | 112,393,636 | n/a | n/a | 32,084,290 | n/a | 4.63% |
| B: Qualifying Financial Instruments
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| Resulting situation after the triggering transaction
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| 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 |
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
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| Resulting situation after the triggering transaction
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| Type of financial instrument | Exercise price | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights | |
| Nominal | Delta | |||||
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| Total (A+B+C)
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| Number of voting rights | Percentage of voting rights |
| 32,084,290 | 4.63% |
| 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
| RAB Capital plc acts as investment manager for RAB ENERGY FUND LIMITED. RAB Capital plc does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED. |
| Proxy Voting:
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| 10. Name of 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:
| n/a |
| 14 Contact name:
| Legal Team |
| 15. Contact telephone name:
| 0207 389 7000 |