TXO TXO

TIDMTXO

RNS Number : 8248F

TXO PLC

03 May 2011

For Immediate Release 3 May 2011

TXO PLC ('TXO' or the 'Company')

Holdings in Company

The Company was informed today, that, as a result of the purchase of 50,000,000 ordinary shares by Sunvest Corporation Limited ('Sunvest') on 20 April 2011, Sunvest now have a holding of 62,625,000 ordinary shares in the Company representing a holding of 19.12% in the Company's issued share capital.

The following shareholders also hold shares representing in excess of 3% of the Company's issued share capital following the placing on 20 April 2011 (the "Placing"):

 
                             Percentage of issued share 
 Shareholder                                    capital   Shareholding 
 Swandale Limited                                 9.16%     30,000,000 
 Mel Morris                                       3.05%     10,000,000 
 MC Production                                    6.62%     21,693,000 
 Hayden Scott Stiles                              3.07%     10,050,000 
 Hill Street Investments*                         3.05%     10,000,000 
 

Directors holdings

Following the Placing, Directors' interest in the company are as follows:

 
 Tim Baldwin*      15,000,000   4.58% 
 Iain May          -            0.00% 
 Mike Chandler     21,727,000   6.63% 
 Richard Harvey    1,000,000    0.31% 
 Andrew 
  Glendinning      200,000      0.06% 
 

*Tim Baldwin holds 5,000,000 Ordinary Shares through his SIPP and has an interest in a further 10,000,000 through his controlling stake in Hill Street Investments.

The total number of shares in issue following the Placing is 327,560,544 Ordinary Shares of 0.lp per share.

Contact: Tim Baldwin, TXO plc on 0207 518 4300

Roland Cornish, Beaumont Cornish on 020 7628 3396

This information is provided by RNS

The company news service from the London Stock Exchange

END

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