TR - 1: NOTIFICATION 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 the notification (please state Yes/No):
An acquisition or disposal of voting rights: (Yes)
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): (No)
3. Full name of person(s) subject to the notification obligation (iii):
Igor Kolomoisky
4. Full name of shareholder(s) (if different from 3):
Ralcon Commercial Limited
5. Date of the transaction and date on which the threshold is crossed or reached:
30 September 2008
6. Date on which issuer notified:
8 October 2008*
7. Threshhold(s) that is/are crossed or reached:
6.8857%
8 Notified details:
A: Voting rights attached to shares
Class/type of shares if possible Situation previous to the
Using the ISIN Code Triggering transaction
No of No of
Shares voting rights
GB00B1XH2C03 40,551,710 40,551,710
Resulting situation after triggering the transaction:
Class/type of shares No of shares No of voting rights % of voting rights
if possible using
the ISIN Code
Direct Indirect Direct Indirect
GB00B1XH2C03 40,551,710 - 40,551,710 - 6.8857%
* Notification received on 8 October 2008
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting % of voting
Financial date conversion rights that may be rights
Instrument period/date acquired if the
instrument is
Exercised/converted
- - - - -
Total (A+B)
Number of voting rights % of voting rights
40,551,710 6.8857%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Ralkon Commercial Limited (40,551,710 shares; 6.8857% in Ferrexpo plc)
- Igor Kolomoisky 100% (beneficially held) in Ralkon Commercial Limited
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:
20,000,000 shares held indirectly by Igor Kolomoisky were previously held through (1) Paneuro Products Limited (2) Nevis Corporate Services Limited. However the shares were transferred to Ralkon Commercial Limited (a company registered in the British Virgin Islands under number 579986) on September 29 2008.
20,551,710 shares bought indirectly by Igor Kolomoisky, through Ralkon Commercial Limited under Stock Sale and Purchase Agreements 09.30.2008.
14. Contact name:
Gavin Mackay
15. Contact telephone number:
+44 (0)20 7389 8300