Harel Insurance Investments & Financial Services Ltd., based in Ramat Gan, Israel, has acquired voting rights in Energean PLC. The acquisition took place on November 21, 2023, and the issuer was notified on November 23, 2023. Harel Insurance Investments & Financial Services Ltd. now holds a total of 9,317,983 ordinary shares of Energean PLC, representing 5.26% of the voting rights. These shares are held for members of the public through various entities managed by subsidiaries of Harel Insurance Investments & Financial Services Ltd., such as provident funds, mutual funds, pension funds, insurance policies, and exchange-traded funds. The voting and investment decisions for these shares are made independently by the subsidiaries of Harel Insurance Investments & Financial Services Ltd.
Additionally, a subsidiary of Harel Insurance Investments & Financial Services Ltd. holds 2,417 ordinary shares in third-party client accounts as portfolio managers. These shares are managed independently, and the subsidiary has no voting power over the securities held in these client accounts. Each subsidiary of Harel Insurance Investments & Financial Services Ltd. is a wholly-owned subsidiary of Harel Insurance Investments & Financial Services Ltd.
It is important to note that this notification does not imply that Harel Insurance Investments & Financial Services Ltd. is required to aggregate holdings under DTR 5.4.1R of the FCA Handbook.