REG-Genel Energy PLC Genel Energy PLC: TR-1 notifications and Directorate change
14/04/2022 07:15
============
Genel Energy PLC (GENL)
14-Apr-2022 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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14 April 2022
Genel Energy plc
TR-1 notifications and Directorate change
Genel Energy plc ('Genel' or 'the Company') announces that it has received
the notifications set out below from Türkiye İş Bankası A.Ş. ('IS Bank')
and Focus Investments Limited ('Focus') pursuant to DTR 5 of the FCA's
Disclosure and Transparency Rules.
The Company also announces that Nazli K. Williams has tendered her
resignation as a Non-Executive Director of the Company with effect from 13
April 2022, and accordingly the resolution relating to her re-appointment
as a Director of the Company has been withdrawn from our 2022 AGM, to be
held on 12 May 2022.
David McManus, Chairman of Genel, said:
"Nazli has been a Director of Genel since the merger with Vallares in
2011. She has provided both valuable contributions and important
continuity to Board considerations during her time on the Board. I thank
her for her commitment to the company over the last decade and wish her
the very best for her future endeavours."
TR-1 notification from Turkiye Is Bankasi A.S
1. Issuer Details
ISIN
JE00B55Q3P39
Issuer Name
GENEL ENERGY PLC
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Turkiye Is Bankasi A.S.
City of registered office (if applicable)
İstanbul
Country of registered office (if applicable)
Turkey
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
13-Apr-2022
6. Date on which Issuer notified
13-Apr-2022
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting Total
rights rights through Total of number of
. attached to financial both in % voting
shares (total instruments (8.A + 8.B) rights held
of 8.A) (total of 8.B 1 in issuer
+ 8.B 2)
Resulting situation
on the date on which 19.188703 0.000000 19.188703 53419883
threshold was
crossed or reached
Position of 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 Number of Number of % of direct % of indirect
ISIN code (if direct voting indirect voting voting rights
possible) rights voting rights rights (DTR5.2.1)
(DTR5.1) (DTR5.2.1) (DTR5.1)
JE00B55Q3P39 53419883 0 19.188703 0.000000
Sub Total 8.A 53419883 19.188703%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of Number of voting rights % of
financial Expiration Exercise/conversion that may be acquired if voting
instrument date period the instrument is rights
exercised/converted
Sub Total
8.B1
8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))
Physical or Number % of
Type of financial Expiration Exercise/conversion cash of voting
instrument date period settlement voting rights
rights
Sub Total 8.B2
9. Information in relation to the person subject to the notification
obligation
1. 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) issuer.
% of voting % of voting rights Total of both
Ultimate Name of rights if it through financial if it equals
controlling controlled equals or is instruments if it or is higher
person undertaking higher than equals or is higher than the
the notifiable than the notifiable notifiable
threshold threshold threshold
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
12. Date of Completion
13-Apr-2022
13. Place of Completion
Istanbul/Turkey
TR-1 notification from Focus Investments Limited
1. Issuer Details
ISIN
JE00B55Q3P39
Issuer Name
GENEL ENERGY PLC
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
FOCUS INVESTMENTS LIMITED
City of registered office (if applicable)
Ajeltake Island
Country of registered office (if applicable)
Marshall Islands
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
13-Apr-2022
6. Date on which Issuer notified
13-Apr-2022
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting Total
rights rights through Total of number of
. attached to financial both in % voting
shares (total instruments (8.A + 8.B) rights
of 8.A) (total of 8.B 1 + held in
8.B 2) issuer
Resulting situation
on the date on which 0.000000 0.000000 0.000000 0
threshold was
crossed or reached
Position of 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 Number of Number of % of direct % of indirect
shares ISIN direct voting indirect voting voting voting rights
code(if possible) rights rights rights (DTR5.2.1)
(DTR5.1) (DTR5.2.1) (DTR5.1)
JE00B55Q3P39 0 0.000000
Sub Total 8.A 0 0.000000%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of Number of voting rights % of
financial Expiration Exercise/conversion that may be acquired if voting
instrument date period the instrument is rights
exercised/converted
Sub Total
8.B1
8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))
Physical or Number % of
Type of financial Expiration Exercise/conversion cash of voting
instrument date period settlement 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 Total of both
Ultimate Name of rights if it through financial if it equals
controlling controlled equals or is instruments if it or is higher
person undertaking higher than equals or is higher than the
the notifiable than the notifiable notifiable
threshold threshold threshold
Gülsün Nazlı BUSELTEN
Karamehmet FINANCE SA 50.000000
Williams
Fatma Şerife BUSELTEN 50.000000
Karamehmet FINANCE SA
BUSELTEN FOCUS
FINANCE SA INVESTMENTS 100.000000
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
12. Date of Completion
13-Apr-2022
13. Place of Completion
Turkey
-ends-
For further information please contact:
Genel Energy
+44 20 7659 5100
Andrew Benbow, Head of Communications
Vigo Consulting
+44 20 7830 9700
Patrick d'Ancona
Notes to editors:
Genel Energy is a socially responsible oil producer listed on the main
market of the London Stock Exchange (LSE: GENL, LEI:
549300IVCJDWC3LR8F94). The Company is one of the largest London-listed
independent hydrocarbon producers, with an asset portfolio that positions
us well for a future of fewer and better natural resources projects. Genel
has low-cost and low-carbon production from the Sarta, Taq Taq, and Tawke
licences in the Kurdistan Region of Iraq, providing financial resilience
that allows investment in growth and the payment of a material and
progressive dividend. Genel also continues to pursue further growth
opportunities. For further information, please refer
to 1 www.genelenergy.com.
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ISIN: JE00B55Q3P39, NO0010894330
Category Code: BOA
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
Sequence No.: 155566
EQS News ID: 1327865
End of Announcement EQS News Service
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