Notification of Major Holdings

Adriatic Metals PLC

30 May 2023

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BL0L5G04

Issuer Name

ADRIATIC METALS PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

The Goldman Sachs Group, Inc.

City of registered office (if applicable)

Wilmington, Delaware

Country of registered office (if applicable)

USA

4. Details of the shareholder

Name	City of registered office	Country of registered office
Goldman Sachs International	London	United Kingdom

5. Date on which the threshold was crossed or reached

24-May-2023

6. Date on which Issuer notified

26-May-2023

7. Total positions of person(s) subject to the notification obligation

	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	3.505434	4.578288	8.083722	22462789
Position of previous notification (if applicable)	2.025148	1.209449	3.234597

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB00BL0L5G04		3882513		1.397207
AU0000004772		5858273		2.108227
Sub Total 8.A	9740786		3.505434%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Securities Lending	Open		3278680	1.179904
Sub Total 8.B1			3278680	1.179904%

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Swap	18-Nov-2024		Cash	8730031	3.141691
Swap	24-Mar-2033		Cash	190496	0.068554
Swap	07-Apr-2025		Cash	188787	0.067939
Swap	10-Mar-2025		Cash	181166	0.065196
Swap	16-May-2033		Cash	101288	0.036451
Swap	08-Jul-2025		Cash	18997	0.006836
Swap	31-Mar-2025		Cash	12659	0.004556
Swap	07-Feb-2033		Cash	7977	0.002871
Swap	01-May-2025		Cash	4022	0.001447
Swap	24-May-2033		Cash	2906	0.001046
Swap	22-May-2025		Cash	2685	0.000966
Swap	12-May-2025		Cash	1894	0.000682
Swap	07-Mar-2029		Cash	415	0.000149
Sub Total 8.B2				9443323	3.398384%

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
The Goldman Sachs Group, Inc. (Chain 1)
The Goldman Sachs Group, Inc. (Chain 1)	Goldman Sachs (UK) L.L.C.	3.498236	4.573734	8.071970%
The Goldman Sachs Group, Inc. (Chain 1)	Goldman Sachs Group UK Limited	3.498236	4.573734	8.071970%
The Goldman Sachs Group, Inc. (Chain 1)	Goldman Sachs International	3.498236	4.573734	8.071970%
The Goldman Sachs Group, Inc. (Chain 2)
The Goldman Sachs Group, Inc. (Chain 2)	Goldman Sachs (ASIA) Corporate Holdings L.L.C.
The Goldman Sachs Group, Inc. (Chain 2)	Goldman Sachs Holdings (Asia Pacific) Limited
The Goldman Sachs Group, Inc. (Chain 2)	Goldman Sachs Holdings (Hong Kong) Limited
The Goldman Sachs Group, Inc. (Chain 2)	Goldman Sachs Holdings ANZ PTY Limited
The Goldman Sachs Group, Inc. (Chain 2)	Goldman Sachs Financial Markets PTY LTD
The Goldman Sachs Group, Inc. (Chain 3)
The Goldman Sachs Group, Inc. (Chain 3)	Goldman Sachs & Co. LLC

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

Please note, the total amount of voting rights have been rounded to 6 decimal places therefore there is a possibility of a rounding error.

General email contact:
[e-mail]

12. Date of Completion

26-May-2023

13. Place Of Completion

Warsaw

 

END