REG - Polymetal Int PLC - TR-1: Notification of major interest in shares <Origin Href="QuoteRef">POLYP.L</Origin>

Polymetal International PKAnnouncement

29/09/2016 16:10

RNS Number : 2472L
Polymetal International PLC
29 September 2016
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
Polymetal International plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
V
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
Mr. Alexander Nesis
4. Full name of shareholder(s)
(if different from 3.):iv
POWERBOOM INVESTMENTS LIMITED
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
27/09/2016 and 29/09/2016
6. Date on which issuer notified:
29/09/2016
7. Threshold(s) that is/are crossed or
reached: vi, vii
20%, 19%, 18%, 17%, 16% (for voting rights attached to shares)
4%, 5%, 6%, 7%, 8%, 9%, 10% (for qualifying financial instruments)
25%, 26% (for total voting rights)


8. Notified details:
A: Voting rights attached to sharesviii, 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
JE00B6T5S470

102,076,650
6,619,766
6,619,766
64,637,539
1.55%
15.13%


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
Sale and repurchase agreements
21/09/2017
(transaction will be rolled)

43,520,497
10.19%

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




Nominal
Delta



Total (A+B+C)
Number of voting rights
Percentage of voting rights
114,777,802
26.87%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
POWERBOOM INVESTMENTS LIMITED holds 26.87% shares in Polymetal International plc.
POWERBOOM INVESTMENTS LIMITED is fully owned by ICT HOLDING LTD (100%), which in its turn is owned by INVESTMENT CONSTRUCTION TECHNOLOGY (ICT) GROUP LTD (100%) 
Alexander Nesis is the major shareholder of INVESTMENT CONSTRUCTION TECHNOLOGY (ICT) GROUP LTD (50%). Other 50% shares in INVESTMENT CONSTRUCTION TECHNOLOGY (ICT) GROUP LTD are held by the shareholders, each holding less than 10%

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:

N/A
14. Contact name:
Christakis Christofidis
15. Contact telephone number:
+357 25335535

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