Notification of Interest

RNS Number : 4277X

Ferrexpo PLC

13 August 2009

 



TR-1: NOTIFICATION OF MAJOR INTEREST 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 the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		No
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		No
An event changing the breakdown of voting rights		No
Other (please specify):	Change of controlled undertakings through which voting rights are held and amendment to an agreement originally made between Ralkon Commercial Limited and Fayver Properties Inc dated 18 March 2009	Yes

3. Full name of person(s) subject to the notification obligation:	IGOR KOLOMOISKY
4. Full name of shareholder(s) (if different from 3.):	EUROCLEAR NOMINEES LIMITED
5. Date of the transaction and date on which the threshold is crossed or reached:	10 AUGUST 2009
6. Date on which issuer notified:	13 AUGUST 2009
7. Threshold(s) that is/are crossed or reached:	10%

8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB00B1XH203	60,775,836	60,775,836	40,551,710	40,551,710	20,224,126	6.8892%	3.4358%
ORDINARY

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
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
N/A	N/A	N/A	N/A	N/A

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	Number of voting  rights instrument  refers to	% 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
60,775,836	10.3251%

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

(1) Euroclear Nominees Limited hold 40,551,710 shares (6.8892%) in Ferrexpo plc as nominee for the beneficial owner, Mr Igor Kolomoisky. These shares were previously held indirectly by Mr Kolomoisky through Ralkon Commercial Limited and were transferred to Mr Kolomoisky on 10 August 2009. (2) Mr Kolomoisky has agreed with Fayver Properties Inc. (holder of 20,224,126 shares, 3.4358% of Ferrexpo plc) to adhere to the terms of an agreement originally entered into between Fayver Properties Inc and Ralkon Commercial Limited dated 18 March 2009, under which the parties are bound to jointly exercise their voting rights in respect of shares in Ferrexpo plc.

Proxy Voting:
10. Name of the 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 number:	[phone]

 

END

 

 

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