RNS Number : 4551O
Adriatic Metals PLC
26 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 voting rights; 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
24-Jun-2025
6. Date on which Issuer notified
25-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
1.990700
23.607200
25.597900
88388193
Position of previous notification (if applicable)
0.458200
23.573500
24.031700
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
6873817
1.990700
Sub Total 8.A
6873817
1.990700%
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
28/02/2035
28/02/2035
Cash
7297380
2.113400
Cash Settled Equity Swap
14/11/2025
14/11/2025
Cash
10531226
3.049900
Cash Settled Equity Swap
30/11/2034
30/11/2034
Cash
13120064
3.799700
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
28/02/2035
28/02/2035
Cash
2973130
0.861200
Cash Settled Equity Swap
12/11/2026
12/11/2026
Cash
750000
0.217200
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
3200255
0.926800
Sub Total 8.B2
81514376
23.607200%
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
23.607200
25.597900%
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
25-Jun-2025
13. Place Of Completion
London
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
HOLBIGDLRSDDGUU
