Holding(s) in Company

RNS Number : 0189I

Energean Oil & Gas PLC

30 March 2020

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				ENERGEAN OIL & GAS PLC
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 notification obligation: iii		Clal Insurance Company Ltd.
4. Full name of shareholder(s)  (if different from 3.):iv		N/A
5. Date of the transaction and date on which the threshold is crossed or reached: v		9 March 2020
6. Date on which issuer notified:		29 March 2020
7. Threshold(s) that is/are crossed or reached: vi, vii		Above 9%

 

8. Notified details:

A: Voting rights attached to sharesviii, ix

Class/type of shares if possible using the 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

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares

15,883,171

8.97%

458,577

458,577

15,778,032

0.26%

8.91%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

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

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

16,236,609

9.17%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Clal Insurance Company Ltd. ("Clal") controls directly or indirectly the voting rights attached to a total of16,236,609 ordinary shares in Energean Oil & Gas Plc ("Energean") through several of its controlled undertakings, as stated below: Of total of 16,236,609 ordinary shares (a) 458,577 Ordinary Shares are beneficially held for its own account; and (b) 15,778,032 Ordinary Shares are held for members of the public through, among others, provident funds and/or pension funds and/or insurance policies, which are managed by Clal and subsidiaries of Clal (Clal Pension and Provident funds Ltd. and Atudot Pension Fund for Workers & Independent Workers Ltd.) which operates under independent management and make independent voting and investment decisions. The16,236,609 ordinary shares represent 9.17% of the voting rights attached to Energean's shares (based on the total number of issued shares in Energean being177,089,406 ordinary shares).
Proxy Voting:
10. Name of the 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:	Adi Barkan Stern Company Secretary Clal Insurance Enterprises Holdings Ltd
15. Contact telephone number:	[phone]

 

 

END

 

 

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