Genel Energy PLC: TR-1 notifications and Directorate change

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  Bankas A.. ('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from 13 April 2022, and accordingly the resolution relating to her re-appointment as a Director of the Company has been withdrawn from our 2022 AGM, to be held on 12 May 2022.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)

stanbul

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

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

8A. Voting rights attached to shares

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

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.

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

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

8A. Voting rights attached to shares

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

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)

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-

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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 www.genelenergy.com.