Holding(s) in Company

RNS Number : 0196S

Genel Energy PLC

14 March 2016

Genel Energy plc

Genel Energy plc advises that it has received the notification set out below from UBS Investment Bank, 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

+44 20 7659 5100

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

JE00B55Q3P39

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

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

n/a

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

n/a

An event changing the breakdown of voting rights

n/a

Other (please specify):

n/a

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

UBS Investment Bank

UBS Group AG

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

UBS AG London Branch

UBS Limited

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

9 March 2016

6. Date on which issuer notified:

11 March 2016

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

5% Section (A+B+C)

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 ^xi

Indirect ^xii

Direct

Indirect

JE00B55Q3P39

No Previous Disclosure

11,973,038

4.30%

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}

Equity Swaps

25.09.2017 06.08.201809.01.2019

2,008,309

Nominal

Delta

0.72%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

13,981,347

5.02%

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

UBS Group AG is a group holding company for UBS Investment Bank business. Voting rights are held through its controlled undertakings as set out below.

UBS AG:

- directly through its branches: UBS AG London Branch - 13,564,573 (4.87%); and

- indirectly through its subsidiaries: UBS Limited - 416,774 (0.15%)

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:

Konstantina Georgaki / Raphael Lang

15. Contact telephone number:

+41 44 239 4071