Notification concerning acquisition of shares and voting rights
According to Law 3556/2007 and the relevant applicable decisions of the Board of Directors of the Capital Market Commission, TERNA ENERGY S.A. (the Company) announces that on March 30, 2016 a Notification Form TR-1 was received by the company York Capital Management Global Advisors, LLC, submitted on behalf of the controlled company York Global Finance Offshore BDH (Luxembourg) S.a.r.l., stating that on March 23, 2016 the latter acquires, by exercising the right to exchange bonds with shares, 171,498 shares of the Company, thus a percentage of 0.1569% of the total share capital and voting rights of the Company, and does not any longer hold financial instruments that are exchangeable with shares of the Company.
Following the above mentioned acquisition the total number of shares and relevant voting rights of the Company held by York Global Finance Offshore BDH (Luxembourg) S.a.r.l. shall amount to 10,271,771, thus a percentage of 9.3965% of the total share capital and voting rights of the Company.
Prior to the triggering transaction York Global Finance Offshore BDH (Luxembourg) S.a.r.l., held 10,100,273 shares, thus a percentage of 9.2397% of the total share capital and voting rights of the Company.
The Company reminds the Investors that on 12/12/2013 a Notification Form TR-1 was received by the company York Capital Management Global Advisors, LLC, submitted on behalf of the controlled company York Global Finance Offshore BDH (Luxembourg) S.a.r.l., regarding the acquisition of : a) 3,279,432 shares and voting rights, thus a percentage of 3% of the total voting rights of the company TERNA ENERGY and b) financial instruments (exchangeable bonds) which may result to the acquisition of shares to which voting rights are attached at any time as from 10/12/2013 until 10/12/2018, up to a percentage of 11.6% of the total voting rights, thus the acquisition of a total percentage of 14.6% of the total share capital and voting rights of the Company.
Following partial exercise of the exchange rights on November 21, 2104, June 24, 2015 and final exchange of bonds on March 23, 2016 the right to exchange the financial instruments which would lead to the acquisition of a total percentage of 14.6% of the share capital and voting rights of the Company has been exhausted whereas the date on which the participation percentage of York Global Finance Offshore BDH (Luxembourg) S.a.r.l. is decreased below 10% is 23/3/2016.