Last checked at 2 Jan 2014 15:09
Genel Energy plc advises that it has received the notification set out below from OppenheimerFunds, Inc. pursuant to DTR 5 of the FSA's Disclosure and Transparency Rules.
Sarah Robertson
Company Secretary
Tel: +44 20 7659 5118
i
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 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 the notification obligation: iii |
OppenheimerFunds, Inc | ||
4. Full name of shareholder(s) (if different from 3.):iv | |||
5. Date of the transaction and date on which the threshold is crossed or reached: v |
December 30, 2013 | ||
6. Date on which issuer notified: |
December 31, 2013 | ||
7. Threshold(s) that is/are crossed or reached: vi, vii |
5.00% (increased to 5.13%) | ||
8. Notified details: | |||||||||
Investor Relations Contact: Genel Energy Plc 1 Grafton St City of Westminster London W1S 4FE United Kingdom investor.relations@genelenergy.com | |||||||||
A: Voting rights attached to shares viii, ix | |||||||||
Class/type of shares
if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||||
Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | |||||
Direct | xi Direct | xii Indirect |
Direct |
Indirect | |||||
JE00B55Q3P39 |
11,640,202 |
11,640,202 |
11,959,063 |
11,959,063 |
5.13% | ||||
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||
Resulting situation after the triggering transaction | ||||||
Type of financial instrument | 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 |
11,959,063 |
5.13% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
OppenheimerFunds, Inc. ("OFI") is a registered investment advisor with the U.S. SEC. Its ultimate parent company, Massachusetts Mutual Life Insurance Company, qualifies for disaggregation under FSA regulations. The shares of the issuer are held by investment accounts managed by OFI and its subsidiary, OFI Global Asset Management, Inc. ("OFIG").
|
Proxy Voting: | |
10. Name of the proxy holder: | |
11. Number of voting rights proxy holder will cease to hold: | |
12. Date on which proxy holder will cease to hold voting rights: | |
13. Additional information: | |
14. Contact name: | Mark Wellen, Senior Compliance Specialist, OppenheimerFunds, Inc. |
15. Contact telephone number: |
001(303) 768-5896 |