PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Genel Energy PLC, as the offeree in an offer, has disclosed its opening position as of August 12, 2026, reporting no direct interests or short positions in its ordinary shares. However, persons acting in concert with Genel Energy PLC hold significant stakes; John Paul Weir holds 47,393 ordinary shares (0.0170%), Yetik Kadri Mert holds 157,841 ordinary shares (0.0565%), and Umit Tolga Bilgin, through connected persons, controls 68,530,462 ordinary shares representing 24.5274% of the issued share capital. Additionally, John Paul Weir holds various stock options with vesting and expiry dates extending to 2036. There are no disclosed indemnity or option arrangements, or agreements relating to voting rights of options or derivatives.
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13-Aug-2026 / 10:49 GMT/BST
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the “Code”)
KEY INFORMATION
| (a) Full name of discloser: | GENEL ENERGY PLC |
| (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | GENEL ENERGY PLC |
| (d) Is the discloser the offeror or the offeree? | OFFEREE |
| (e) Date position held: The latest practicable date prior to the disclosure | 12 August 2026 |
POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
| Class of relevant security: | Ordinary shares | |||
| Interests | Short positions | |||
| Number | % | Number | % | |
| (1) Relevant securities owned and/or controlled: | N/A | N/A | N/A | N/A |
| (2) Cash-settled derivatives: | N/A | N/A | N/A | N/A |
| TOTAL: | N/A | N/A | N/A | N/A |
All interests and all short positions should be disclosed.
Rights to subscribe for new securities
| Class of relevant security in relation to which subscription right exists: | Ordinary shares |
| Details, including nature of the rights concerned and relevant percentages: | None |
- POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Ordinary Shares: Name of concert party Number of ordinary shares held in Genel Energy plc % of total issued share capital of Genel Energy plc John Paul Weir 47,393 0.0170% Umit Tolga Bilgin* 68,530,462 24.5274% Yetik Kadri Mert 157,841 0.0565% * The shares are held by Umit Tolga Bilgin’s connected persons: (i) Bilgin Enerji Yatirim Holding A.S., of which Umit Tolga Bilgin is the CEO, holds 66,350,163 shares; and (ii) Mehmet V Bilgin, a close relative, holds 2,180,299 shares. Options: Name of concert party Grant date Date of vesting Exercise price Number of ordinary shares in Genel Energy plc Expiry Date John Paul Weir 6 April 2023 6 April 2025 £0.00 36,240 (deferred bonus plan awards) 6 April 2033 2 April 2025 2 April 2027 £0.00 144,669 (deferred bonus plan awards) 2 April 2035 30 April 2024 30 April 2027 £0.00 879,455 (performance share plan) 30 April 2034 30 March 2026 30 March 2028 £0.00 242,100 (deferred bonus plan awards) 30 March 2036 2 April 2025 2 April 2028 £0.00 1,117,109 (performance share plan) 2 April 2035 30 March 2026 30 March 2029 £0.00 1,423,532 (performance share plan) 30 March 2036
- OTHER INFORMATION
- Indemnity and other dealing arrangements
None.
- Agreements, arrangements or understandings relating to options or derivatives
None.
Attachments
Are any Supplemental Forms attached?
| Supplemental Form 8 (Open Positions) | No |
| Supplemental Form 8 (SBL) | No |
| Date of disclosure: | 13 August 2026 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
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