REG - Adriatic Metals - Notification of Major Holdings

Adriatic MetalsAnnouncement

01/04/2025 18:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250401:nRSA2363Da&default-theme=true

RNS Number : 2363D  Adriatic Metals PLC  01 April 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

31-Mar-2025

6. Date on which Issuer notified

01-Apr-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                                              21.940700                                                                  22.398900                       77342897
 Position of previous notification (if applicable)                          0.377251                                              20.905028                                                                  21.282279

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  % of voting rights
                                                                            exercised/converted

 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                         7084275                  2.051700
 Cash Settled Equity Swap      14/11/2025       14/11/2025                  Cash                         8886732                  2.573700
 Cash Settled Equity Swap      30/11/2034       30/11/2034                  Cash                         12657561                 3.665700
 Cash Settled Equity Swap      15/12/2027       15/12/2027                  Cash                         8028972                  2.325200
 Cash Settled Equity Swap      29/01/2027       29/01/2027                  Cash                         27004524                 7.820700
 Cash Settled Equity Swap      28/02/2035       28/02/2035                  Cash                         1132029                  0.327800
 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                                                                                          75760805                 21.940700%

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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                                     than the notifiable threshold
 Helikon Long Short Equity Fund Master ICAV  Helikon Long Short Equity Fund Master ICAV                                                                              21.940700                                                                   22.398900%

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

01-Apr-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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  HOLBRGDSRBGDGUB