TR-1: Notification of Major Holdings

RNS Number : 4336X

Adriatic Metals PLC

05 January 2022

 

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

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	United Kingdom

5. Date on which the threshold was crossed or reached

21-Dec-2021

6. Date on which Issuer notified

23-Dec-2021

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	0.000000	11.066100	11.066100	29435614
Position of previous notification (if applicable)	0.000000	10.005200	10.005200

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)
Sub Total 8.A

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	19 February 2024	19 February 2024	Cash	23708651	8.913100
Cash-Settled Equity Swap	16 October 2024	16 October 2024	Cash	2240423	0.842300
Cash-Settled Equity Swap	03 December 2024	03 December 2024	Cash	539291	0.202700
Cash-Settled Equity Swap	02 March 2023	02 March 2023	Cash	2681519	1.008100
Cash-Settled Equity Swap	03 January 2025	03 January 2025	Cash	265730	0.099900
Sub Total 8.B2				29435614	11.066100%

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		11.066100	11.066100%

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

This disclosure relates to both the GB00BL0L5G04 and AU0000004772 ISINs of the same issued share capital

12. Date of Completion

23-Dec-2021

13. Place Of Completion

London

 

END

 

 

HOLUSOARUSUARUR