Ithaca Energy Inc Announces Holding(s) in Company

ABERDEEN, SCOTLAND--(Marketwired - Jan 31, 2014) - Ithaca Energy Inc. (TSX: IAE) (LSE: IAE)

For filings with the FCA include the annex

For filings with issuer exclude the annex


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi


1. Identity of the issuer or the underlying issuer           Ithaca
of existing shares to which voting rights are                Energy
attached: ii                                                 Inc.

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):

3. Full name of person(s) subject to the                   BlackRock,
notification obligation: iii                               Inc.

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

5. Date of the transaction and date on                     20th
which the threshold is crossed or                          December
reached: v                                                 2013

                                                           31st
6. Date on which issuer notified:                          January
                                                           2014

7. Threshold(s) that is/are crossed or                     Holding has
reached: vi, vii                                           gone above
                                                           11%



8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of         Situation previous
shares                to the triggering
                      transaction
if possible           Number       Number
using                 of           of
the ISIN CODE         Shares       Voting Rights
CA4656761042          32,445,634   32,445,634


Resulting situation after the transaction

Number of  Number of voting          % of voting rights
shares     rights
Direct     Direct xi Indirect xii    Direct       Indirect
N/A        N/A       35,690,093      N/A          11.06%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of     Expiration  Exercise/      Number of voting   % of
financial   date xiii   Conversion     rights that may    voting rights
instrument              Period xiv     be acquired if
                                       the instrument 
                                       is exercised/
                                       converted.



C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of    Exercise Expiration Exercise/  Number      % of  voting
financial  price    date xvii  Conversion of voting   rights
instrument                     period     rights      xix, xx
                               xviii      instrument
                                          refers to
                                                      Nominal Delta

CFD                                       2           0.00%   0.00%



Total (A+B+C)

Number of voting rights                   Percentage of voting rights

35,690,095                                11.06%




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


BlackRock Investment Management (UK) Limited - 35,690,095 (11.06%)


Proxy Voting:

10. Name of the proxy holder:

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

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


13. Additional information:   BlackRock Regulatory Threshold Reporting
                              Team

14. Contact name:             Duncan Murray

15. Contact telephone number: 020 7743 3334




                    This information is provided by RNS
          The company news service from the London Stock Exchange

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