1st Jun 2017 12:00
1 June 2017
Genel Energy plc
Genel Energy plc advises that it has received the notification set out below from Daax Corporation FZE, 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 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 | ü | |||
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 |
Daax Corporation Fze | |||
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 | 31.05.2017 | |||
6. Date on which issuer notified: | 01.06.2017 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 10% | |||
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 | ||||||||||||
ISIN: JE00B55Q3P39 | 27,077,380 | 9.726% | 33,137,260 | 33,137,260 | - | 11.903% | ||||||||||
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
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
33,137,260 | 11.903% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: |
On 26.05.2017, Mr. Umit Sönmez İnanç transferred all of the shares of Genel Energy PLC held by him to DAAX Corporation FZE. These shares were previously held by Mr. Inanc on behalf of DAAX Corporation FZE. | |
14. Contact name: | Ümit Sönmez İnanç | |
15. Contact telephone number: | 0090 532 293 30 21 | |
Related Shares:
Genel Energy