TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i
Genel Energy plc advises that it has received the notification set out below from Vallares Capital LP pursuant to DTR 5 of the FSA's Disclosure and Transparency Rules.
17,119,970 voting ordinary shares in Genel Energy plc in which Nathaniel Rothschild holds an indirect interest, have been transferred from Vallares Capital LP (through which Nathaniel Rothschild held his interest) to a discretionary trust. There has been no change in the number of Genel Energy plc shares in which he is interested as a result of this transfer.
Sarah Robertson
Deputy Company Secretary
Tel: +44 20 7659 5118
1. Identity of the issuer or the underlying issuer |
GENEL ENERGY PLC |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the |
VALLARES CAPITAL LP |
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4. Full name of shareholder(s) |
VALLARES CAPITAL GP LIMITED |
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5. Date of the transaction and date on |
13.3.2013 |
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6. Date on which issuer notified: |
15.05.2013 |
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7. Threshold(s) that is/are crossed or |
8% of voting shares through to 0% of voting shares |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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VOTING ORDINARY SHARES |
17,119,970 |
17,119,970 |
0 |
0 |
0 |
0 |
0 |
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JE00B55Q3P39 |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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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 |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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CONTINGENT RIGHT UNDER FOUNDER SECURITIES ONLY |
CONTINGENT RIGHT UNDER FOUNDER SECURITIES ONLY |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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N/A |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease |
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12. Date on which proxy holder will cease to hold |
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14. Contact name: |
DAVID LARKIN |
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15. Contact telephone number: |
Tel: +44 (0)1481 729466 |
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