Holding(s) in Company
29 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 PlcJE00B55Q3P39 | ||||||
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 BankUBS Group AG | ||||||
4. Full name of shareholder(s) (if different from 3.):iv |
UBS AG London BranchUBS Limited | ||||||
5. Date of the transaction and date on which the threshold is crossed or reached: v |
23 March 2016 | ||||||
6. Date on which issuer notified: | 29 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 sharesif 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 | Below Notifiable Threshold | Below Notifiable Threshold | - | - | 12,019,346 | - | 4.32% | ||||||||
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 |
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- | - | - | - | - | |||||||||||
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 | - | 25.09.201706.08.201809.01.2019 | - | 2,052,263 | Nominal | Delta | |||||||||
- | 0.74% | ||||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
14,071,609 | 5.05% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
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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 - 13,488,260 (4.85%); and- indirectly through its subsidiaries: UBS Limited - 583,349 (0.21%) | |||||||||||||||
Proxy Voting: | |||||||||||||||
10. Name of the proxy holder: | |||||||||||||||
11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: | |||||||||||||||
14. Contact name: | Akvile Budrikaite / Raphael Lang | ||||||||||||||
15. Contact telephone number: | +41 44 239 8525 | ||||||||||||||