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NOTIFICATION OF MAJOR INTEREST IN SHARES

Related Companies

RNS Number : 8005G
Petropavlovsk PLC
24 November 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

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

Polo Company S.A.

Lamesa Group Holding S.A.

Lamesa Foundation

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

UBS Switzerland AG

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

20 November 2015

6. Date on which issuer notified:

23 November 2015

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

8% in respect of Polo Company S.A.

13% in aggregate (and 8% in respect of shares)  for Lamesa Group Holding SA and Lamesa Foundation


 

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  ISIN: GB0031544546

174,209,026

5.3142%

268,983,802

268,983,802

0

8.2053%

0


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

n/a






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

 

Convertible bonds

ISIN: XS1201840326

£0.826 /

US$0.1253

18th March 2020

from 28 April 2015 to six days before maturity or call

 

169,791,575

Nominal

Delta

5.1794%



Total (A+B+C)

Number of voting rights

Percentage of voting rights

              438,775,377

13.3847%

 

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

 

Polo Company S.A. and Lamesa Holding S.A. are each direct wholly-owned subsidiaries of Lamesa Group Holding S.A., which in turn is wholly-owned by Lamesa Foundation.

 

Polo Company S.A. has a direct interest, as the beneficial owner, of the shares set out in box 8A above.

 

Lamesa Holding S.A. is the holder of the convertible bonds set out in section 8C above.

 

Lamesa Group Holding S.A. and Lamesa Foundation each have an indirect interest in the shares held by Polo Company S.A. and the convertible bonds held by Lamesa Holding S.A. by virtue of their interests in Polo Company S.A., and Lamesa Holding S.A..

 


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:


The interests on this form have been calculated by reference to 3,278,187,139 voting rights, being the total voting rights stated by the issuer as being the total voting rights in issue as at 18 November 2015.

 

14. Contact name:

Mrs. Oxana Vasilieva

15. Contact telephone number:

+357 24692900

 


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