Genel Energy — Major Shareholding Notification 2013

Mar 4, 2013

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RNS Number : 1792Z

Genel Energy PLC

04 March 2013

Genel Energy plc advises that it has received the notification set out below from Vallares Capital LP pursuant to DTR 5 of the FSA's Disclosure and Transparency Rules.

Sarah Robertson

Deputy Company Secretary

Tel: +44 20 7659 5118

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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					X
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
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		VALLARES CAPITAL LP
4. Full name of shareholder(s) (if different from 3.):iv		VALLARES CAPITAL GP LIMITED
5. Date of the transaction and date on which the threshold is crossed or reached: v		14.1.2013
6. Date on which issuer notified:		01.03.2013
7. Threshold(s) that is/are crossed or reached: vi, vii		10% of voting shares.  9% of voting shares

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		Direct xi		Indirect xii	Direct			Indirect
VOTING ORDINARY SHARES	21,713,154			21,713,154			17,119,970		17,119,970		0	8.01			0
JE00B55Q3P39
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
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 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
													Nominal			Delta
Total (A+B+C)
Number of voting rights								Percentage of voting rights
17,119,970 PLUS CONTINGENT RIGHT UNDER FOUNDER SECURITIES								8.01% 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: xxi
N/A
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:	DAVID LARKIN
15. Contact telephone number:	Tel: +44 (0)1481 729466

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