Holding(s) in Company

RNS Number : 8672G

Genel Energy PLC

12 May 2014

 



12 May 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

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			X
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 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	May 8, 2014
6. Date on which issuer notified:	May 9, 2014
7. Threshold(s) that is/are crossed or reached: vi, vii	5.00% (increased to 5.01%)

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	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 Direct	xii Indirect	Direct	Indirect
JE00B55Q3P39	11,985,063	11,985,063	12,067,444		12,067,444		5.01%

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
12,067,444	5.01%

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 of the 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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