Notification of Major Holdings

Adriatic Metals PLC
08 May 2024
 

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

Helikon Investments Limited

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Name

City of registered office

Country of registered office

Helikon Long Short Equity Fund Master ICAV

Dublin

Ireland

5. Date on which the threshold was crossed or reached

02-May-2024

6. Date on which Issuer notified

07-May-2024

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

0.413782

17.357491

17.771273

54419558

Position of previous notification (if applicable)

0.417653

17.618024

18.035677


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)

AU0000004772


1267092


0.413782

Sub Total 8.A

1267092

0.413782%

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

 





Sub Total 8.B1




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

Cash Settled Equity Swap

17/12/2024

17/12/2024

Cash

1501236

0.490244

Cash Settled Equity Swap

02/04/2025

02/04/2025

Cash

3856497

1.259379

Cash Settled Equity Swap

03/12/2024

03/12/2024

Cash

678990

0.221731

Cash Settled Equity Swap

30/01/2026

30/01/2026

Cash

3950255

1.289997

Cash Settled Equity Swap

21/10/2024

21/10/2024

Cash

3456160

1.128645

Cash Settled Equity Swap

05/06/2032

05/06/2032

Cash

9294466

3.035205

Cash Settled Equity Swap

03/01/2025

03/01/2025

Cash

6179349

2.017931

Cash Settled Equity Swap

29/01/2027

29/01/2027

Cash

24235513

7.914359

Sub Total 8.B2


53152466

17.357491%

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

Helikon Long Short Equity Fund Master ICAV

Helikon Long Short Equity Fund Master ICAV


17.357491

17.357491%

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

 

12. Date of Completion

07-May-2024

13. Place Of Completion

London

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