TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Genel Energy Plc
2. Reason for the notification:
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation:
Vallares Capital LP
4. Full name of shareholder(s) (if different from 3.):
Vallares Capital GP Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
19 January 2012
6. Date on which issuer notified:
19 January 2012
7. Threshold(s) that is/are crossed or reached:
5%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
|
|
Number of shares |
Number of voting Rights |
Ordinary JE00B55Q3P39 |
3,000,000 |
3,000,000
|
Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
Direct |
Direct |
Indirect |
Direct |
Indirect |
Ordinary JE00B55Q3P39 |
21,713,154 |
21,713,154
|
- |
7.7% |
- |
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument |
Expiration date |
Exercise/Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
Founder Securities |
21 November 2015 |
Any time in four years from completion of the Genel Energy Plc acquisition |
As described in the prospectus dated 18 November 2011 |
As described in the prospectus dated 18 November 2011 |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument |
Exercise price |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights instrument refers to |
% of voting rights |
|
|
|
|
|
|
Nominal |
Delta |
|
|
Total (A+B+C)
Number of voting rights |
% of voting rights |
21,713,154 plus contingent right under founder securities |
7.7% plus contingent right under founder securities |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
N/A
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:
David Larkin
15. Contact telephone number:
+44 (0)1481 743883