Holding(s) in Company

RNS Number : 0151E

Genel Energy PLC

03 April 2014

 

3 April 2014

Genel Energy plc

Genel Energy plc advises that it has received the notification set out below from OppenheimerFunds, Inc. pursuant to DTR 5 of the FCA's Disclosure and Transparency Rules.

For further information please contact:

Genel Energy Sarah Robertson, Company Secretary Phil Corbett, Head of Investor Relations

[phone]

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

Genel Energy PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

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

X

Other (please specify):

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

OppenheimerFunds, Inc

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

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

April 1, 2014

6. Date on which issuer notified:

April 2, 2014

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

5.00% (decreased to 4.98%)

8. Notified details:

Investor Relations Contact: Genel Energy Plc 1 Grafton St City of Westminster London W1S 4FE United Kingdom [e-mail]

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE JE00B55Q3P39

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares 11,959,063

Number of Voting Rights 11,959,063

Number of shares

Number of voting rights

% of voting rights x

Direct 11,985,063

xi Direct

xii Indirect 11,985,063

Direct

Indirect 4.98%

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

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

Nominal

Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
11,985,063	4.98%

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

OppenheimerFunds, Inc. ("OFI")is a registered investment advisor with the U.S. SEC. Its ultimate parent company, Massachusetts Mutual Life Insurance Company, qualifies for disaggregation under FSA regulations. The shares ofthe issuer are held by investment accounts managed by OFI and its subsidiary, OFI Global Asset Management, Inc. ("OFIG").

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:
14. Contact name:	Debbie van der Sanden, AVP Compliance, OppenheimerFunds, Inc.
15. Contact telephone number:	001(303) 768-5801

 

END

 

 

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