/EINPresswire.com/ -- ABERDEEN, SCOTLAND -- (Marketwired) -- 10/30/15 -- Ithaca Energy Inc. (TSX: IAE) (LSE: IAE)

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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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1. Identity of the issuer or the underlying issuer Ithaca Energy Inc
of existing shares to which voting rights are
attached: ii
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2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights
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An acquisition or disposal of qualifying financial
instruments which may result in the acquisition of
shares already issued to which voting rights are
attached
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights   Yes
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Other (please specify):
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                                                   Artemis Investment
3. Full name of person(s) subject to the           Management LLP on behalf
notification obligation: iii                       of discretionary funds
                                                   under management
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4. Full name of shareholder(s)
 (if different from 3.):iv
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5. Date of the transaction and date on             29 October 2015
which the threshold is crossed or
reached: v
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6. Date on which issuer notified:                  30 October 2015
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7. Threshold(s) that is/are crossed or             5%
reached:vi, vii
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8. Notified details:
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A: Voting rights attached to sharesviii, ix
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Class/type  Situation previous  Resulting situation after the triggering
of          to the triggering   transaction
shares if   transaction
possible
using
the ISIN
CODE
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            Number    Number    Number    Number of voting  % of voting
            of        of        of shares rights            rights x
            Shares    Voting
                      Rights
                                --------------------------------------------
                                          Direct  Indirect
                                Direct    xi      xii       DirectIndirect
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CA465676104216,615,42416,615,42416,615,4240       16,615,4240%    4.04%


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B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial    Expiration  Exercise/   Number of   % of voting
instrument           datexiii    Conversion  voting      rights
                                 Periodxiv   rights that
                                             may be
                                             acquired if
                                             the
                                             instrument
                                             is
                                             exercised/
                                             converted.
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C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv, xvi
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Resulting situation after the triggering transaction
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Type of      Exercise     Expiration   Exercise/    Number of   % of voting
financial    price        date xvii    Conversion   voting      rights xix,
instrument                             periodxviii  rights      xx
                                                    instrument
                                                    refers to
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                                                                NominalDelta
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Total (A+B+C)
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Number of voting rights               Percentage of voting rights
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16,615,424                            4.04%
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9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable:xxi
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease
to hold:
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12. Date on which proxy holder will cease to hold
voting rights:
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13. Additional information:
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14. Contact name:                     Richard Smithson
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15. Contact telephone number:         0207 399 6063
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