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Energean PLC

Major Shareholding Notification Sep 2, 2022

5342_rns_2022-09-02_b235e31f-5be0-4c19-8719-925d6d239a0b.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

Other

Comments

Intra-group business and assets transfer from Ignis Investment Services Limited to abrdn Investment Management Limited

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

31-Aug-2022

6. Date on which Issuer notified

01-Sep-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
7.450797 0.000000 7.450797 13,265,437
Position of 9.01 0.04 9.05
previous
notification (if
applicable)
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 13,265,437 7.450797
Sub Total 8.A 13,265,437 7.450797
Type of financial
instrument
Sub Total 8.B1
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Number of voting rights that
% of
Expiration
Exercise/conversion
may be acquired if the
voting
date
period
instrument is
rights
exercised/converted
8B2. Financial Instruments with similar economic effect
Type of
financial
date
instrument
Expiration according to (DTR5.3.1R.(1) (b))
Exercise/conversion
Physical or cash
period
settlement
Number of
voting rights
% of
voting
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)
Ultimate
controlling person
Name of controlled
undertaking
% of voting
rights if it equals
or is higher than
the notifiable
threshold
% of voting rights
through financial
instruments if it
equals or is higher
than the notifiable
threshold
notifiable
threshold
Total of both if it
equals or is
higher than the
abrdn plc
abrdn plc abrdn
Investments
(Holdings)
Limited
abrdn plc abrdn
Investment
Management
Limited
7.192955 0.000000 7.192955
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 reflects the fact that the voting rights held indirectly by the underlying investment management entity abrdn Investment Management Limited ("aIML") increased above the 5% notifiable threshold due to an internal corporate restructure on 31 August 2022. aIML now holds the delegated voting rights to 7.192955% of the shares in Energean plc.

For the same reason, the voting rights effectively held indirectly by the underlying intermediate holding company Ignis Asset Management Limited ("IAML") and held by the underlying investment management entity Ignis Investment Services Limited ("IISL") decreased below the 5% notifiable threshold on 31 August 2022. Prior to this crossing, IAML effectively held and IISL held the delegated voting rights to 5.357370% of the shares in Energean plc.

12. Date of Completion

01-Sep-2022

13. Place Of Completion

Aberdeen, United Kingdom

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