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Genel Energy - Public Opening Position Disclosure
Genel Energy PLC recently released a Form 8.3, detailing a significant disclosure by Daax Corporation FZE. The document outlines the public opening position as per Rule 8.3 of the Takeover Code. Daax Corporation owns and controls 48,830,105 of the 10p ordinary shares of Genel Energy, representing 17.48% of the company’s relevant securities.
As of August 19, 2026, this position highlights a substantial investment by Daax Corporation, though no short positions are reported. The disclosure confirms no cash-settled or stock-settled derivatives associated with the securities. Furthermore, no additional agreements or dealings have been recorded on the form.
There are no indemnity agreements or dealing arrangements related to Genel Energy's offer, nor any agreements on voting rights or derivatives. These disclosures provide critical insights into Genel Energy’s ownership landscape and Daax Corporation’s strategic interest.
R. P.
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