RNS Number : 7903L
Adriatic Metals PLC
06 June 2025
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BL0L5G04
Issuer Name
ADRIATIC METALS PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of financial instruments
3. Details of person subject to the notification obligation
Name
Helikon Investments Limited
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Name
City of registered office
Country of registered office
Helikon Long Short Equity Fund Master ICAV
Dublin
Ireland
5. Date on which the threshold was crossed or reached
03-Jun-2025
6. Date on which Issuer notified
05-Jun-2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached
0.458200
23.573500
24.031700
82980453
Position of previous notification (if applicable)
0.458200
21.940700
22.398900
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible)
Number of direct voting rights (DTR5.1)
Number of indirect voting rights (DTR5.2.1)
% of direct voting rights (DTR5.1)
% of indirect voting rights (DTR5.2.1)
AU0000004772
1582092
0.458200
Sub Total 8.A
1582092
0.458200%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument
Expiration date
Exercise/conversion period
Number of voting rights that may be acquired if the instrument is exercised/converted
% of voting rights
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument
Expiration date
Exercise/conversion period
Physical or cash settlement
Number of voting rights
% of voting rights
Cash Settled Equity Swap
28/02/2025
28/02/2025
Cash
7297380
2.113400
Cash Settled Equity Swap
14/11/2025
14/11/2025
Cash
10525529
3.048300
Cash Settled Equity Swap
30/11/2034
30/11/2034
Cash
13017282
3.769900
Cash Settled Equity Swap
15/12/2027
15/12/2027
Cash
9184888
2.660000
Cash Settled Equity Swap
29/01/2027
29/01/2027
Cash
27440976
7.947100
Cash Settled Equity Swap
29/01/2027
29/01/2027
Cash
2965594
0.858900
Cash Settled Equity Swap
17/11/2025
17/11/2025
Cash
1925842
0.557700
Cash Settled Equity Swap
16/11/2027
16/11/2027
Cash
4411625
1.277600
Cash Settled Equity Swap
16/11/2027
16/11/2027
Cash
678990
0.196600
Cash Settled Equity Swap
30/01/2026
30/01/2026
Cash
3950255
1.144000
Sub Total 8.B2
81398361
23.573500%
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
Helikon Long Short Equity Fund Master ICAV
Helikon Long Short Equity Fund Master ICAV
23.573500
24.031700%
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
12. Date of Completion
05-Jun-2025
13. Place Of Completion
London
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