Holding(s) in Company

RNS Number : 3504U

Genel Energy PLC

06 April 2016

 

6 April 2016 Genel Energy plc Genel Energy plc advises that it has received the notification set out below from Encompass Capital Advisors LLC, 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 [phone]
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
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				X
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Encompass Capital Advisors LLC Todd Kantor (individual with greater than 50% ownership)
4. Full name of shareholder(s)  (if different from 3.):iv		N/A
5. Date of the transaction and date on which the threshold is crossed or reached: v		1 April 2016
6. Date on which issuer notified:		5 April 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		5%

8. Notified details:

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

Indirect xii

Direct

Indirect

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

Total Return Swap referenced to Ordinary Shares (ISIN JE00B55Q3P39)

n/a

n/a

n/a

10,904,824

Nominal

Delta

3.92%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

10,904,824

3.92%

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

Todd Kantor is the managing member and owns greater than 50% of Encompass Capital Advisors LLC.

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:

Larry Kassman

15. Contact telephone number:

[phone]

 

END

 

 

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