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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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1. Identity of the issuer or the underlying issuer |
Polymetal International plc |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the |
Mr. Alexander Nesis |
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4. Full name of shareholder(s) |
Powerboom Investments Limited |
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5. Date of the transaction and date on |
2 November 2011 |
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6. Date on which issuer notified: |
2 November 2011 |
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7. Threshold(s) that is/are crossed or |
17% - Holding is at 17.7% on date of admission to trading on the London Stock Exchange's main market for listed securities |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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JE00B6T5S470 |
N/A |
N/A |
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68,497, 758 |
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17.7 |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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68,497,758 |
17.7 |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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Alexander Nesis's direct holding in Quotan International Limited is 27,5% (1000 shares) and indirect holding is 72,5% (2636 shares) through the following ownership chain: Alexander Nesis (via trust declaration with Centennial Management N.V.) owns Feeries Investment Holding N.V. (100%; 6000 shares); Feeries Investment Holding N.V. owns Polyprom Holding B.V. (100%; 100 shares), Which is the shareholder of Quotan International Limited (72,5%; 2636 shares).
Quotan International Limited's direct holding in Powerboom Investments Limited is 100% (2500 shares).
Powerboom Investment Limited's direct holding in Polymetal International plc is 17,7% (68 497 758 shares).
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease |
N/A |
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12. Date on which proxy holder will cease to hold |
N/A |
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N/A |
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14. Contact name: |
Ksenia Norkina
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15. Contact telephone number: |
+7 812 622 1000 |
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