Holding(s) in Company

RNS Number : 3397W
Genel Energy PLC
27 January 2012
 



TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

 

Genel Energy Plc

 

2. Reason for the notification:

 

An acquisition or disposal of voting rights

 

3. Full name of person(s) subject to the notification obligation:

 

Vallares Capital LP

 

4. Full name of shareholder(s) (if different from 3.):

 

Vallares Capital GP Limited

 

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

 

19 January 2012

 

6. Date on which issuer notified:

 

19 January 2012

 

7. Threshold(s) that is/are crossed or reached:

 

5%

 

8. Notified details:

 

A: Voting rights attached to shares

 

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

 

3,000,000

 

3,000,000

 

 

 

 

Resulting situation after the triggering transaction

 

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

 

21,713,154

 

21,713,154

 

 

 -

 

 7.7%

 

 -

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

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

 

Founder Securities

 

21 November 2015

 

Any time in four years from completion of the Genel Energy Plc acquisition

 

As described in the prospectus dated 18 November 2011

 

As described in the prospectus dated 18 November 2011

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

Exercise price

Expiration date

Exercise/

Conversion Period

Number of voting rights  instrument refers to

% of voting rights






Nominal

Delta



 

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

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :

 

N/A

  

Proxy Voting:

 

10. Name of the proxy holder:

 

N/A

 

11. Number of voting rights proxy holder will cease to hold:

 

N/A

 

12. Date on which proxy holder will cease to hold voting rights:

 

N/A

 

13. Additional information:

 

N/A

 

14. Contact name:

 

David Larkin

 

15. Contact telephone number:

 

+44 (0)1481 743883


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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