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Energean PLC

Major Shareholding Notification Nov 9, 2022

5342_rns_2022-11-09_5b3c05ef-28a6-466a-b8c0-33f50e74d309.pdf

Major Shareholding Notification

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TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BG12Y042

Issuer Name

ENERGEAN PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Aggregate of abrdn plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios

City of registered office (if applicable)

Edinburgh

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

04-Nov-2022

6. Date on which Issuer notified

08-Nov-2022

7. Total positions of person(s) subject to the notification obligation

% of voting
rights attached
to shares (total
of 8.A)
% of voting rights
through financial
instruments (total
of 8.B 1 + 8.B 2)
Total of both in
% (8.A + 8.B)
Total
number of
voting
rights held
in issuer
Resulting
situation on the
date on which
threshold was
crossed or
reached
Below 5% 0.000000 Below 5% Below
5%
Position of
previous
notification (if
applicable)
7.450797 0.000000 7.450797

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares
Class/Type of
shares ISIN
code(if possible)
Number of direct
voting rights
(DTR5.1)
Number of indirect
voting rights
(DTR5.2.1)
% of direct
voting rights
(DTR5.1)
% of indirect
voting rights
(DTR5.2.1)
GB00BG12Y042 Below 5% Below 5%
Sub Total 8.A Below 5% Below 5%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial
instrument
Expiration
Exercise/conversion
date
period
Number of voting rights that
may be acquired if the
instrument is
exercised/converted
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Type of
financial
date
instrument
Expiration
Exercise/conversion
period
settlement Physical or cash
Number of
% of
voting
voting rights
rights
Sub Total 8.B2
9. Information in relation to the person subject to the
notification obligation
2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary) % of voting % of voting rights
Ultimate
controlling person
Name of controlled
undertaking
rights if it
equals or is
higher than the
notifiable
threshold
through financial
instruments if it
equals or is higher
than the notifiable
threshold
Total of both if
it equals or is
higher than
the notifiable
threshold
abrdn plc
abrdn plc abrdn
Investments
(Holdings)
Limited
abrdn plc abrdn
Investment
Management
Limited
abrdn plc
abrdn plc Aberdeen Asset
Management
PLC
abrdn plc Aberdeen Asset
Managers
Limited

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

In reference to Section 9, the shares detailed are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements whereby the client has delegated the exercise of the voting power to the referenced investment manager.

This disclosure also reflects the fact that the voting rights effectively held indirectly by the underlying intermediate holding company abrdn Investments (Holdings) Limited ("aIHL") and held by the underlying investment management entity abrdn Investment Management Limited ("aIML") decreased below the 5% notifiable threshold due to an in-specie transfer on 4 November 2022.

12. Date of Completion

08-Nov-2022

13. Place Of Completion

Edinburgh, United Kingdom

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