Energean PLC

Major Shareholding Notification • Mar 22, 2021

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)ⁱ

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:		ENERGEAN PLC
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
	An acquisition or disposal of financial instruments
	An event changing the breakdown of voting rights
Other (please specify)iii:
	3. Details of person subject to the notification obligationiv
Name				Clal Insurance Company Ltd.
City and country of registered office (if applicable)			36 Raul Walenberg St., Tel Aviv 66180, Israel
	4. Full name of shareholder(s) (if different from 3.)v
Name
	City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:			15/03/2021
6. Date on which issuer notified (DD/MM/YYYY):			19/03/2021
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 of issuervii
Resulting situation on the date on which threshold was crossed or reached	7.68%	0		7.68%	177,089,406
Position of previous notification (if applicable)	5.18%	0		5.18%

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

A: Voting rights attached to shares

Class/type of shares	Number of voting rightsix		% of voting rights
ISIN code (if possible)	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BG12Y042	283,577	13,315,426	0.16 %	7.52%
SUBTOTAL 8. A	13,599,003		7.68%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument	Expiration datex	Exercise/ Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exercised/converted.	% of voting rights
		SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex	Exercise/ Conversion Period xi	Physical or cash settlementxii	Number of voting rights	% of voting rights
			SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
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 entityxiv (please add additional rows as necessary)
Namexv	% 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	Total of both if it equals or is higher than the notifiable threshold

10. In case of proxy voting, please identify:
Name of the proxy holder	N/A
The number and % of voting rights held	N/A
The date until which the voting rights will be held	N/A

11. Additional informationxvi

Clal Insurance Company Ltd. ("Clal") controls directly or indirectly the voting rights attached to a total of 12,053,928 ordinary shares in Energean Plc ("Energean") through several of its controlled undertakings, as stated below:

Of total of 13,599,003 ordinary shares (a) 283,577 Ordinary Shares are beneficially held for its own account; and (b) 13,315,426 Ordinary Shares are held for members of the public through, among others, provident funds and/or pension funds and/or insurance policies, which are managed by Clal and subsidiaries of Clal (Clal Pension and Provident funds Ltd. and Atudot Pension Fund for Workers & Independent Workers Ltd.) which operates under independent management and make independent voting and investment decisions.

Place of completion	36 Raul Walenberg St., Tel Aviv 66180, Israel
Date of completion	19/03/2021