27 Jan 2012 16:55
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TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
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Genel Energy Plc
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2. Reason for the notification:
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An acquisition or disposal of voting rights
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3. Full name of person(s) subject to the notification obligation:
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Vallares Capital LP
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4. Full name of shareholder(s) (if different from 3.):
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Vallares Capital GP Limited
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5. Date of the transaction (and date on which the threshold is crossed or reached if different):
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19 January 2012
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6. Date on which issuer notified:
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19 January 2012
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7. Threshold(s) that is/are crossed or reached:
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5%
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8. Notified details:
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A: Voting rights attached to shares
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Class/type of shares if possible using the ISIN CODE | Situation previous to the Triggering transaction | |
Number of shares | Number of voting Rights | |
Ordinary JE00B55Q3P39 | Β 3,000,000 | Β 3,000,000 Β |
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Β
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Resulting situation after the triggering transaction
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Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights | ||
Direct | Direct | Indirect | Direct | Indirect | |
Ordinary JE00B55Q3P39 | Β 21,713,154 | Β 21,713,154 Β | Β Β - | Β Β 7.7% | Β Β - |
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B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
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Type of financial instrument | Expiration date | Exercise/Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
Β Founder Securities | Β 21 November 2015 | Β Any time in four years from completion of the Genel Energy Plc acquisition | Β As described in the prospectus dated 18 November 2011 | Β As described in the prospectus dated 18 November 2011 |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
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Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion Period | Number of voting rights instrument refers to | % of voting rights | |
Nominal | Delta | |||||
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Total (A+B+C)
Number of voting rights | % of voting rights |
21,713,154 plus contingent right under founder securities | 7.7% plus contingent right under founder securities |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
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N/A
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Proxy Voting:
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10. Name of the proxy holder:
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N/A
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11. Number of voting rights proxy holder will cease to hold:
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N/A
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12. Date on which proxy holder will cease to hold voting rights:
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N/A
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13. Additional information:
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N/A
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14. Contact name:
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David Larkin
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15. Contact telephone number:
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+44 (0)1481 743883
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