Genel Energy PLC Holding(s) in Company (0526L)

TIDMGENL

RNS Number : 0526L

Genel Energy PLC

06 January 2016

6 January 2016

Genel Energy plc

Genel Energy plc advises that it has received the notification set out below from Morgan Stanley 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] 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                         Genel Energy Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
------------------------------------------------------------------  --------------------------------------------------- 
 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)                                                     Morgan Stanley 
  subject to the                                                          (Institutional Securities 
  notification obligation:                                           Group and Global Wealth Management) 
  (iii) 
--------------------------------------------------  ------------------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------------  ------------------------------------------------------------------- 
 5. Date of the transaction                                                      04/01/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
--------------------------------------------------  ------------------------------------------------------------------- 
 6. Date on which issuer                                                         06/01/2016 
  notified: 
--------------------------------------------------  ------------------------------------------------------------------- 
 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       Situation previous               Resulting situation after the 
  of               to the triggering                triggering transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  -------------------------------  --------------------------------------------------------------------- 
                  Number           Number          Number            Number of                   % of voting 
                  of                of              of shares         voting                      rights (x) 
                  Shares            Voting                            rights 
                                    Rights 
---------------  ---------------  --------------  ----------------  --------------------------  ----------------------- 
                                                   Direct            Direct        Indirect      Direct      Indirect 
                                                                      (xi)          (xii) 
---------------      -----------    ------------  ----------------  ------------  ------------  ----------  ----------- 
 
                      Below            Below 
  JE00B55Q3P39          5%               5%           6,013,898       6,013,898                    2.42% 
---------------  ---------------  --------------  ----------------  ------------  ------------  ----------  ----------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration     Exercise/                       Number of voting              % of voting 
  instrument           date           Conversion                      rights that                   rights 
                       (xiii)         Period (xiv)                    may be 
                                                                      acquired if 
                                                                      the 
                                                                      instrument 
                                                                      is 
                                                                      exercised/ 
                                                                      converted. 
-------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of            Exercise       Expiration      Exercise/         Number of voting              % of voting 
 financial           price         date            Conversion         rights instrument             rights (xix, 
 instrument                        (xvii)          period             refers to                     xx) 
                                                   (xviii) 
-----------------  -------------  --------------  ----------------  ----------------------------  --------------------- 
                    N/A            14-01-2016      N/A               6,800,000                     Nominal     Delta 
---------------    -------------  --------------  ----------------  ----------------------------  ----------  --------- 
   Equity Swap 
  (Cash Settled)                                                                                   N/A         2.73% 
-----------------    -----------    ------------      ------------    ----------  ------------    ----------  --------- 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ----------------------------------------------------------------- 
 
   12,813,898                                          5.15% 
----------------------------------------------------  ----------------------------------------------------------------- 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------------------------------------- 
 
   Morgan Stanley & Co. International plc, 25 Cabot Square, 
   Canary Wharf, London E14 4QA is a direct holder of 12,812,228 
   voting rights (5.15%) and is a subsidiary of Morgan 
   Stanley Investments (UK) 
 
   Morgan Stanley Investments (UK), 20 Bank Street, Canary 
   Wharf, London E14 4AD is an indirect holder of 12,812,228 
   voting rights (5.15%) and is a subsidiary of Morgan 
   Stanley UK Group 
 
   Morgan Stanley UK Group, 25 Cabot Square, Canary Wharf, 
   London E14 4QA is an indirect holder of 
   12,812,228 voting rights (5.15%) and is a subsidiary 
   of Morgan Stanley International Limited. 
 
   Morgan Stanley International Limited, 25 Cabot Square, 
   Canary Wharf, London E14 4QA is an indirect holder of 
   12,812,228 voting rights (5.15%) and is a subsidiary 
   of Morgan Stanley International Holdings Inc. 
 
   Morgan Stanley International Holdings Inc., c/o The 
   Corporation Trust Company, Corporation Trust Center, 
   1209 Orange Street, Wilmington, Delaware DE 19801, USA 
   is an indirect holder of 
   12,812,228 voting rights (5.15%) and is a subsidiary 
   of Morgan Stanley. 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                               N/A 

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January 06, 2016 10:15 ET (15:15 GMT)