6th Jan 2016 15:15
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.
-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 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 | 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 thenotification 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 onwhich the threshold is crossed orreached: v | 04/01/2016 | ||||||||||||||
6. Date on which issuer notified: | 06/01/2016 | ||||||||||||||
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% | 6,013,898 | 6,013,898 |
| 2.42% |
| ||||||||
JE00B55Q3P39
| |||||||||||||||
| |||||||||||||||
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
| ||||||||||
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 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 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 Group
Morgan 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 ceaseto hold: | N/A | ||||||||||||||
12. Date on which proxy holder will cease to holdvoting 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 | ||||||||||||||
Related Shares:
Genel Energy