TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i)


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i)

For filings with the FSA include the annex

For filings with issuer exclude  the annex
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i)
                                                                        
1. Identity of the issuer or the
underlying issuer
of existing shares to which voting       EnQuest PLC
rights are
attached: ii)

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):
                               Lorito Holdings (Guernsey) Limited &
3. Full name of person(s)      Zebra Holdings and Investments (Guernsey)
subject to the                 Limited both of 1st & 2nd Floors,
notification obligation: iii)   Elizabeth House, Les Ruettes Brayes, St
                               Peter Port, Guernsey GY1 1EW

4. Full name of shareholder(s)
                               N/A
 (if different from 3.):iv)

5. Date of the transaction and
date on
which the threshold is crossed 9 April 2010
or
reached: v)

6. Date on which issuer        23 April 2010
notified:

7. Threshold(s) that is/are
crossed or                     15%
reached:vi, vii)


 

8. Notified details:
A: Voting rights attached to shares viii, ix)
Class/type   Situation previous    Resulting situation after the triggering
of           to the triggering     transaction
shares       transaction
             Number    Number      Number      Number of voting        % of 
voting
if possible  of        of          of shares   rights                  rights x)
using        Shares    Voting
the ISIN               Rights      Direct    Direct xi)   Indirect xii)
DirIndirect
CODE
Ordinary                           102,864,417 102,864,417
             Nil       Nil         &           &           Nil         15.Nil
GB00B635TG28                       14,612,072  14,612,072

 
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of        ExpiratioExercise/               Number of voting         % of
voting
financial      date xiii) Conversion Period xiv)  rights that may be      
rights
instrument                                      acquired if the
                                                instrument is
                                                exercised/ converted.
                                                                          
 
C: Financial Instruments with similar economic effect to Qualifying Financial
Instrumentsxv, xvi)
Resulting situation after the triggering transaction
Type of       Exercise Expiration Exercise/    Number of voting rights  % of
voting
financial     price    date xvii) Conversion   instrument refers to    
rightsxix, xx)
instrument                        period xviii)                            
                                                                        Nominal
Delta
                                                                                

 
Total (A+B+C)
Number of voting rights             Percentage of voting rights
117,476,489                         15.16%


 

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:               N/A

11. Number of voting rights proxy holder
will cease                                  N/A
to hold:

12. Date on which proxy holder will cease
to hold                                     N/A
voting rights:
 

13. Additional        Notification is based on a total voting rights
information:          figure of 775,027,922.
                       
                      Lorito Holdings (Guernsey) Limited holds
                      102,864,417 EnQuest shares
                       
                      Zebra Holdings and Investments (Guernsey) Limited
                      holds 14,612,072 EnQuest shares
                       
                       
                      C.L. Directors Limited
14. Contact name:     Director of Lorito Holdings (Guernsey) Limited
                      and Zebra Holdings and Investments (Guernsey)
                      Limited

15. Contact telephone + 44 (0)1481 700300
number:

Attachments

04262270.pdf