Holding(s) in Company
10 March 2015
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.
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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 | ||
| 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 onwhich the threshold is crossed or reached: v | March 6, 2015 | ||
| 6. Date on which issuer notified: | March 9, 2015 | ||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | 5.00% (decreased to 4.79%) | ||
| 8. Notified details:Investor Relations Contact: Genel Energy Plc1 Grafton StCity of WestminsterLondonW1S 4FEUnited Kingdom investor.relations@genelenergy.com | |||||||
| A: Voting rights attached to shares viii, ix | |||||||
| Class/type ofsharesif possible using the ISIN CODE | Situation previousto the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number ofShares | Number ofVotingRights | Number of shares | Number of voting rights | % of voting rights x | |||
| Direct | xiDirect | xiiIndirect | Direct | Indirect | |||
| JE00B55Q3P39 | 12,067,444 | 12,067,444 | 11,898,931 | 11,898,931 | 4.79% | ||
| B: Qualifying Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financialinstrument | Expiration date xiii | Exercise/Conversion Period xiv | Number of votingrights that may be acquired if the instrument is exercised/ converted. | % of votingrights |
| C: Financial Instruments with similar economic effect to Qualifying Financial Instrumentsxv, xvi | ||||||
| Resulting situation after the triggering transaction | ||||||
| Type of financialinstrument | Exerciseprice | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rightsinstrument refers to | % of voting rights xix,xx | |
| Nominal | Delta | |||||
| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 11,898,931 | 4.79% |
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 |