Holding(s) in Company
6 January 2016
Genel Energy plc
Genel Energy plc advises that it has received the notification set out below from Morgan Stanley 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 SecretaryPhil 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 | Morgan Stanley(Institutional Securities Group and Global Wealth Management) | ||||||||||||||||||||
| 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 | 04/01/2016 | ||||||||||||||||||||
| 6. Date on which issuer notified: | 06/01/2016 | ||||||||||||||||||||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | 5% | ||||||||||||||||||||
8. Notified details: |
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| 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 | |||||||||||||||||
| Below 5% | Below 5% | 6,013,898 | 6,013,898 | 2.42% | |||||||||||||||||
| JE00B55Q3P39 | |||||||||||||||||||||
| 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 Swap (Cash Settled) | N/A | 14-01-2016 | N/A | 6,800,000 | Nominal | Delta | |||||||||||||||
| N/A | 2.73% | ||||||||||||||||||||
| Total (A+B+C) | |||||||||||||||||||||
| Number of voting rights | Percentage of voting rights | ||||||||||||||||||||
| 12,813,898 | 5.15% | ||||||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | |||||||||||||||||||||
| Morgan Stanley & Co. International plc, 25 Cabot Square, Canary Wharf, London E14 4QA is a direct holder of 12,812,228 voting rights (5.15%) and is a subsidiary of Morgan Stanley Investments (UK)Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London E14 4AD is an indirect holder of 12,812,228 voting rights (5.15%) and is a subsidiary of Morgan Stanley UK GroupMorgan Stanley UK Group, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 12,812,228 voting rights (5.15%) and is a subsidiary of Morgan Stanley International Limited.Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 12,812,228 voting rights (5.15%) and is a subsidiary of Morgan Stanley International Holdings Inc.Morgan Stanley International Holdings Inc., c/o The Corporation Trust Company, Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware DE 19801, USA is an indirect holder of 12,812,228 voting rights (5.15%) and is a subsidiary of Morgan Stanley. | |||||||||||||||||||||
| Proxy Voting: | |||||||||||||||||||||
| 10. Name of the proxy holder: | N/A | ||||||||||||||||||||
| 11. Number of voting rights proxy holder will cease to hold: | N/A | ||||||||||||||||||||
| 12. Date on which proxy holder will cease to hold voting rights: | N/A | ||||||||||||||||||||
| 13. Additional information: | Of the total voting rights attached to shares in Section 8A, 61 (0.00%) of these are the result of stock borrowing agreements | ||||||||||||||||||||
| 14. Contact name: | Craig Horsley | ||||||||||||||||||||
| 15. Contact telephone number: | 0141 245 7736 | ||||||||||||||||||||