National Storage Mechanism | Additional information

RNS Number : 2303H

Energean Oil & Gas PLC

31 July 2019


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		ENERGEAN OIL & GAS 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	Clal Insurance Company Ltd.
4. Full name of shareholder(s) (if different from 3.):^iv	N/A
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	24 July 2019
6. Date on which issuer notified:	30 July 2019
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	Above 8%

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

Ordinary shares

12,180,275

7.94%

316,577

14,061,164

0.18%

7.95%

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

N/A

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}

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

14,377,741

8.13%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
Clal Insurance Company Ltd. ("Clal") controls directly or indirectly the voting rights attached to a total of 14,377,741 ordinary shares in Energean Oil & Gas Plc ("Energean") through several of its controlled undertakings, as stated below: Of total of 14,377,741 ordinary shares (a) 316,577 Ordinary Shares are beneficially held for its own account; and (b) 14,061,164 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. The 14,377,741 ordinary shares represent 8.13% of the voting rights attached to Energean's shares (based on the total number of issued shares in Energean being 176,771,349 ordinary shares).

Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A

13. Additional information:	N/A
14. Contact name:	Adi Barkan Stern Company Secretary Clal Insurance Enterprises Holdings Ltd
15. Contact telephone number:	+972-3-6387634

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