TIDMGENL

RNS Number : 6230U

Genel Energy PLC

19 January 2017

 
 
 
 
                                         19 January 2017 
 
                                         Genel Energy plc 
 
                  Genel Energy plc advises that it has received the notification 
                     set out below from Bilgin Grup Do al Gaz A. ., 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 SHARES(i) 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                  Genel Energy plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------------  ---------------------------- 
 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)                                          Bilgin Grup Do al Gaz A. . 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------------  ---------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------------  ---------------------------- 
 5. Date of the transaction                                         18 January 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------------  ---------------------------- 
 6. Date on which issuer                                            19 January 2017 
  notified: 
-----------------------------------------------------------------  ---------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                15% 
-----------------------------------------------------------------  ---------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------------ 
 Class/type      Situation previous                 Resulting situation after the 
  of              to the triggering                  triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ---------------------------------  --------------------------------------------------------------------------- 
                 Number           Number            Number         Number of                  % of voting 
                  of               of                of shares      voting                     rights (x) 
                  Shares           Voting                           rights 
                                   Rights 
--------------  ---------------  ----------------  -------------  -------------------------  --------------------------------- 
                                                    Direct         Direct         Indirect    Direct                Indirect 
                                                                    (xi)           (xii) 
--------------      -----------    ------------    -------------  -------------  ----------  --------------------  ----------- 
                                  39,760,793 
                 39,760,793        (14.282141       42,000,000     42,000,000 
                                   %) 
  JE00B55Q3P39 
                ---------------  ----------------  -------------  -------------  ----------  -------               ----------- 
                                                                                              15.086468% 
--------------      -----------    ------------      -----------    -----------  ----------  --------------------    --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial   Expiration     Exercise/                        Number of voting                        % of voting 
  instrument          date           Conversion                       rights that                             rights 
                      (xiii)         Period (xiv)                     may be 
                                                                      acquired if 
                                                                      the 
                                                                      instrument 
                                                                      is 
                                                                      exercised/ 
                                                                      converted. 
------------------  -------------  -------------------------------  --------------------------------------  ------------------ 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of           Exercise       Expiration      Exercise/        Number of voting                    % of voting 
 financial          price         date            Conversion        rights instrument                   rights (xix, 
 instrument                       (xvii)          period            refers to                           xx) 
                                                  (xviii) 
----------------  -------------  --------------  ---------------  ----------------------------------  ------------------------ 
                                                                                                       Nominal        Delta 
----------------  -------------  --------------  ---------------  ----------------------------------  -------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ------------------------------------------------------------------------- 
 42,000,000                                           15.086468% 
---------------------------------------------------  ------------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------- 
 
 
 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:                                                     Tolga Bilgin 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  +90 (312) 446 30 23 
-------------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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