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TR1 - Notification of Major Interest in Shares

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RNS Number : 4924R
Petropavlovsk PLC
29 June 2015
 

 

For filings with the FCA include the annex


For filings with issuer exclude the annex



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


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):

A change in the delta of the convertible bonds disclosed in 8.C resulted in a reportable change in the total position.

x

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

D. E. Shaw & Co., L.P.

D. E. Shaw & Co. (London), LLP

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

DBMMA015 (only with respect to

shares listed in 8.A)

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

June 24, 2015

6. Date on which issuer notified:

June 26, 2015

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

12%

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

Ordinary Shares

117,609,333

117,609,333



117,609,333


3.59%

GB0031544546

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

 

Contract for Differences

n/a

March 2, 2016

n/a

  14,000,000

Nominal

Delta


0.43%

 

Contract for Differences

 

n/a

May 16, 2016

n/a

125,000,000


3.81%

Convertible Bonds

n/a

March 18, 2020

April 28, 2015 to six business days before maturity or call.

143,003,151


4.36%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

399,612,484

12.19%

 

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

 

Each of D. E. Shaw & Co., L.P. ("DESCO LP") and D. E. Shaw & Co. (London), LLP ("DESCO London") is notifying solely in its capacity as a discretionary investment manager. As general partner of DESCO LP, D. E. Shaw & Co., Inc. ("DESCO Inc.") is a parent undertaking of DESCO LP and, indirectly, of DESCO London.  By virtue of David E. Shaw's position as president and sole shareholder of DESCO Inc., which is the general partner of DESCO LP, David E. Shaw is a parent undertaking of DESCO LP and, indirectly, of DESCO London.

Proxy Voting:

10. Name of the proxy holder:


11. Number of voting rights proxy holder will cease to hold:


12. Date on which proxy holder will cease to hold voting rights:



13. Additional information:



14. Contact name:

Kevin Krist

15. Contact telephone number:

+44 (0) 20 7409 4300

 


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