Holding(s) in Company

RNS Number : 7053E

Ferrexpo PLC

24 December 2009

 



TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		FERREXPO PLC
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			No
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached			No
An event changing the breakdown of voting rights			No
Other (please specify): Acquisition of voting rights and acquisition of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.			Yes
3. Full name of person(s) subject to notification obligation:	RPG Partners Limited, the parent undertaking of Wigmore Street Investments No. 3 Limited which indirectly controls Wigmore Street Investments No. 3 Limited
4. Full name of shareholder(s) (if different from 3):	Wigmore Street Investments No. 3 Limited
5. Date of transaction (and date on which the threshold is crossed or reached if different):	23 December 2009
6. Date on which issuer notified:	24 December 2009
7. Threshold(s) that is/are crossed or reached:	24%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code ORDINARY GB00B1XH2C03	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares   0	Number of voting rights 0	Number of shares 76,656,035	Number of voting rights		Percentage of voting rights
				Direct 76,656,035	Indirect N/A	Direct 13.02%	Indirect N/A

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/ converted)	Percentage of voting rights
Total Return Swap over ordinary shares of Ferrexpo plc	On the date 10 business days prior to 22 October 2012	Wigmore Street Investments No. 3 Limited may elect for physical settlement of the Total Return Swap on the date 10 business days prior to 22 October 2012	23,500,000	3.99%
Total Return Swap over ordinary shares of Ferrexpo plc	On the date 10 business days prior to 22 October 2012	Wigmore Street Investments No. 3 Limited may elect for physical settlement of the Total Return Swap on the date 10 business days prior to 22 October 2012	23,500,000	3.99%
Total Return Swap over ordinary shares of Ferrexpo plc	On the date 10 business days prior to 22 October 2012	Wigmore Street Investments No. 3 Limited may elect for physical settlement of the Total Return Swap on the date 10 business days prior to 22 October 2012	23,500,000	3.99%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ conversion period/date	No. of voting rights instrument refers to	Percentage of voting rights
N/A	N/A	N/A	N/A	N/A	Nominal	Delta
					N/A	N/A

Total (A+B+C)
Number of voting rights	Percentage of voting rights
147,156,035	24.99%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

RPG Partners Limited is the parent undertaking of and indirectly wholly controls Wigmore Street Investments No. 3 Limited. Wigmore Street Investments No. 3 Limited holds all the voting rights and the financial instruments referred to on this form amounting to 24.99% of the voting rights in aggregate.

Proxy Voting:
10. Name of proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:	None
14 Contact name:	Mr Gavin Mackay
15. Contact telephone name:	[phone]

 

END

 

 

HOLFEESULSUSEIE