TERNA ENERGY S.A.

Disclosure of significant change in voting rights according to L. 3556/2007

Further to the notification made on January 19, 2018 and according to Law 3556/2007 and the relevant applicable decisions of the Board of Directors of the Capital Market Committee, TERNA ENERGY S.A. announces that on March 19, 2018 it received a Notification Form from the company York Capital Management Global Advisors, LLC, which the latter submitted on behalf of the company York Global Finance Offshore BDH (Luxembourg) S.a.r.l., regarding the return  of lent shares and voting rights in issuer TERNA ENERGY S.A.

According to the above mentioned notification, the company York Global Finance Offshore BDH (Luxembourg) S.a.r.l., is a 100% subsidiary of York Global Finance Offshore BDH LLC, the senior managing member of which is the company York Global Finance Μanager LLC, which in turn is controlled by York Capital Management  Global Advisors, LLC.

More specifically, the above mentioned company notified TERNA ENERGY that 9,500,000 shares  and voting rights in TERNA ENERGY S.A., which York Global Finance Offshore BDH (Luxembourg) S.a.r.l. had lent on January 16, 2018 pursuant to a stock lending agreement, were returned to York Global Finance Offshore BDH (Luxembourg) S.a.r.l.  and therefore  a change in the voting rights held by it has resulted as follows:

Date of transaction on which the percentage of voting rights increased over 5%: March 15, 2018

Voting rights attaching to shares previous to the triggering transaction: 0.7060% of the total voting shares of the company TERNA ENERGY SA. 

Voting rights attaching to shares following the triggering transaction: 9.0167% of the total voting shares of the company TERNA ENERGY SA.

Following the said return of lent shares to it, York Global Finance Offshore BDH (Luxembourg) S.a.r.l. no longer holds any financial instrument which may lead to the acquisition of shares in TERNA ENERGY S.A.