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Company Announcements

Notification of Major Interest in Shares

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RNS Number : 1547A
Petropavlovsk PLC
18 December 2014
 



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

PETROPAVLOVSK PLC

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

An acquisition or disposal of voting rights

X

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

Van Eck Associates Corporation

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

Market Vectors Junior Gold Miners ETF

Market Vectors Russia ETF

Market Vectors Russia Small-Cap ETF

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

16 December 2014

6. Date on which issuer notified:

18 December 2014

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

13%

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

 

GB0031544546

25,924,343

25,924,343

25,625,585

25,625,585


12.97%



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






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

25,625,585

12.97%

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

Market Vectors Junior Gold Miners ETF - 11.2%

Market Vectors Russia ETF

Market Vectors Russia Small-Cap ETF

Proxy Voting:

10. Name of the proxy holder:

Glass Lewis & Co.

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:

Russell Brennan

15. Contact telephone number:

+1 212 293 2025

 


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