Holding(s) in Company

RNS Number : 5958H

Genel Energy PLC

01 December 2015

 

1 December 2015 Genel Energy plc Genel Energy plc advises that it has received the notification set out below from Encompass Capital Advisors LLC, pursuant to DTR 5 of the FCA's Disclosure and Transparency Rules. -ends- 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 SHARES i

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
Other (please                Disclosure resulting from changes to the DTRs following the UK specify):                         implementation of amendments to the Transparency Directive			X
3. Full name of person(s) subject to the notification obligation: iii	Encompass Capital Advisors LLC Todd Kantor (individual with greater than 50% ownership)
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	N/A - baseline disclosure as a result of changes to the DTRs
6. Date on which issuer notified:	11/30/2015
7. Threshold(s) that is/are crossed or reached: vi, vii	5%

8. Notified details:
A: Voting rights attached to shares viii, 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

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
Total Return Swap referenced to Ordinary Shares (ISIN JE00B55Q3P39)	n/a	n/a	n/a	22,785,255	Nominal	Delta
						9.16%

Total (A+B+C)
Number of voting rights	Percentage of voting rights
22,785,255	9.16%

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:	Larry Kassman
15. Contact telephone number:	[phone]

 

END

 

 

HOLDMMGZFMDGKZM