6th Apr 2016 10:00
| |||||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | GENEL ENERGY PLC | ||||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||||
An acquisition or disposal of voting rights | |||||||
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 | X | ||||||
An event changing the breakdown of voting rights | |||||||
Other (please specify): | |||||||
3. Full name of person(s) subject to thenotification obligation: iii | Encompass Capital Advisors LLC Todd Kantor (individual with greater than 50% ownership) | ||||||
4. Full name of shareholder(s) (if different from 3.):iv | N/A
| ||||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 1 April 2016 | ||||||
6. Date on which issuer notified: | 5 April 2016 | ||||||
7. Threshold(s) that is/are crossed orreached: vi, vii |
5% | ||||||
8. Notified details: | |||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||
Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
| |||||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| ||||||||||
Total Return Swapreferenced toOrdinary Shares(ISINJE00B55Q3P39) | n/a | n/a | n/a | 10,904,824 | Nominal | Delta | |||||||||
3.92% | |||||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
10,904,824 |
3.92%
| ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | |||||||||||||||
Todd Kantor is the managing member and owns greater than 50% of Encompass Capital Advisors LLC. | |||||||||||||||
Proxy Voting: | |||||||||||||||
10. Name of the proxy holder: | |||||||||||||||
11. Number of voting rights proxy holder will ceaseto hold: | |||||||||||||||
12. Date on which proxy holder will cease to holdvoting rights: | |||||||||||||||
13. Additional information: | |||||||||||||||
14. Contact name: | Larry Kassman | ||||||||||||||
15. Contact telephone number: | +1 646-351-8452 | ||||||||||||||
Related Shares:
Genel Energy