26th Jan 2016 14:00
26 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:
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||||
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 | Morgan Stanley (Institutional Securities Group and Global Wealth Management) | |||||
4. Full name of shareholder(s) (if different from 3.):iv |
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5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 21/01/2016 | |||||
6. Date on which issuer notified: | 26/01/2016 | |||||
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 | Direct xi | Indirect xii | Direct | Indirect | |||||||||||
Below 5% |
Below 5% |
5,194,745 |
5,194,745 | 2.09% | |||||||||||
JE00B55Q3P39
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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
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Nominal | Delta | ||||||||||||||
Equity Swap (Cash Settled) | N/A |
15-02-2016
| N/A |
6,800,000
| N/A | 2.73 | |||||||||
Equity Swap (Cash Settled) | N/A |
22-02-2016
| N/A |
1,800,000
| N/A | 0.72 | |||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
13,794,745 |
5.55% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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 13,793,075 voting rights (5.54%) 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 13,793,075 voting rights (5.54%) and is a subsidiary of Morgan Stanley UK Group
Morgan Stanley UK Group, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 13,793,075 voting rights (5.54%) 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 13,793,075 voting rights (5.54%) and is a subsidiary of Morgan Stanley International Holdings Inc.
Morgan Stanley International Holdings Inc, c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801, USA is an indirect holder of 13,793,075 voting rights (5.54%) 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 ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: | ||
14. Contact name: | Craig Horsley | |
15. Contact telephone number: | 0141 245 7736 | |
Related Shares:
Genel Energy