TR-1: Notification of major interest in shares

RNS Number : 2350E
Polymetal International PLC
04 May 2017
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

POLYMETAL INTERNATIONAL PLC

ISIN JE00B6T5S470

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

V

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify):

 

 

3. Full name of person(s) subject to the
notification obligation:
iii

Mr. Alexander Nesis

4. Full name of shareholder(s)
 (if different from 3.):iv

POWERBOOM INVESTMENTS LIMITED

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

26/04/2017 and 28/04/2017

6. Date on which issuer notified:

03/05/2017

7. Threshold(s) that is/are crossed or
reached:
vi, vii

15% (for voting rights attached to shares)

11% (for Qualifying Financial Instruments)

27% (for total voting rights)

         

 

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

JE00B6T5S470

 

114,777,802

1,833,268

1,833,268

63,435,335

0.43%

 

14.75%

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

Sale and repurchase agreements

26/04/2018

(transaction will be rolled)

 

51,403,934

11.95%

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

 

 

 

 

 

 

Nominal

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

116,672,537

 

27.13%

 

                                 

 

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

 

POWERBOOM INVESTMENTS LIMITED holds 27.13% shares in POLYMETAL INTERNATIONAL PLC.

 

POWERBOOM INVESTMENTS LIMITED is fully owned by ICT HOLDING LTD (100%), which in its turn is owned by INVESTMENT CONSTRUCTION TECHNOLOGY (ICT) GROUP LTD (100%).

 

Alexander Nesis is the major shareholder of INVESTMENT CONSTRUCTION TECHNOLOGY (ICT) GROUP LTD (50%). Other 50% shares in INVESTMENT CONSTRUCTION TECHNOLOGY (ICT) GROUP LTD are held by the shareholders, each holding less than 10%.

 

 

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:


N/A

14. Contact name:

Christakis Christofidis

15. Contact telephone number:

+357 25335535

 

     

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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