REG-Polymetal International plc Polymetal: TR-1 Notification (Sova Capital)

Polymetal International PKAnnouncement

20/05/2020 07:05

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   Polymetal International plc (POLY)
   Polymetal: TR-1 Notification (Sova Capital)

   20-May-2020 / 09:00 MSK
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   TR-1: Standard form for notification of major holdings

    

   NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to
   the FCA in Microsoft Word format if possible)i
                                                                              
   1a. Identity of the issuer or the
   underlying issuer of existing shares to     Polymetal International plc
   which voting rights are attachedii:
   1b. Please indicate if the issuer is a non-UK issuer  (please mark with an
   "X" if appropriate)
   Non-UK issuer                                                           X
   2. Reason for the notification (please mark the appropriate box or boxes
   with an "X")
   An acquisition or disposal of voting rights                              
   An acquisition or disposal of financial instruments                     X
   An event changing the breakdown of voting rights                         
   Other (please specify)iii:                                               
   3. Details of person subject to the notification obligationiv
   Name                                     Sova Capital Limited
   City and country of registered office    London, EC2V 7RS, UK
   (if applicable)
   4. Full name of shareholder(s) (if different from 3.)v
   Name                                      
   City and country of registered office     
   (if applicable)
   5. Date on which the threshold was       12 May 2020
   crossed or reachedvi:
   6. Date on which issuer notified         18 May 2020
   (DD/MM/YYYY):
   7. Total positions of person(s) subject to the notification obligation
                       % of voting    % of voting
                          rights    rights through  Total of both Total number
                       attached to     financial     in % (8.A +  of voting
                          shares      instruments       8.B)      rights of
                       (total of 8. (total of 8.B 1               issuervii
                            A)         + 8.B 2)
   Resulting situation
   on the date on      0.085        2.967           3.05          471,791,037
   which threshold was                              (14,399,772)
   crossed or reached
   Position of
   previous                                         3.06
   notification (if    1.57         1.49            (14,399,769)   

   applicable)
                                                                          

    

   8. Notified details of the resulting situation on the date on which the
   threshold was crossed or reachedviii
   A: Voting rights attached to shares
   Class/type   Number of voting rightsix          % of voting rights
   of                 Direct          Indirect         Direct       Indirect
   shares
                    (Art 9 of        (Art 10 of      (Art 9 of     (Art 10 of
   ISIN code        Directive         Directive      Directive     Directive
   (if             2004/109/EC)     2004/109/EC)    2004/109/EC)  2004/109/EC)
   possible)         (DTR5.1)        (DTR5.2.1)       (DTR5.1)     (DTR5.2.1)
   JE00B6T5S470  399,772                           0.085           
                                                                   
                                                                   
   SUBTOTAL 8.   399,772                           0.085
   A
    

    
   B 1: Financial Instruments according to Art. 13(1)(a) of Directive
   2004/109/EC (DTR5.3.1.1 (a))
                                             Number of voting
   Type of                 Exercise/         rights that may be
   financial    Expiration Conversion        acquired if the      % of voting
   instrument   datex      Periodxi          instrument is        rights

                                             exercised/converted.
   Lending out
   (repurchase  Open end                     4,000,000            0.848
   agreement)
   Lending out
   (repurchase  12.06.2020                   10,000,000           2.120
   agreement)
                                                                   
                           SUBTOTAL 8. B 1   14,000,000           2.967
    

    
   B 2: Financial Instruments with similar economic effect according to Art.
   13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
   Type of                 Exercise/    Physical or     Number of
   financial  Expiration   Conversion   cash            voting    % of voting
   instrument datex        Period xi                    rights    rights
                                        settlementxii
                                                                   
                                                                   
                                                                   
                                        SUBTOTAL 8.B.2             
    

    

    
                                                                   

    

   9. Information in relation to the person subject to the notification
   obligation (please mark the

   applicable box with an "X")
   Person subject to the notification obligation is not controlled by
   any natural person or legal entity and does not control any other       
   undertaking(s) holding directly or indirectly an interest in the
   (underlying) issuerxiii
   Full chain of controlled undertakings through which the voting
   rights and/or the
   financial instruments are effectively held starting with the           X
   ultimate controlling natural person or legal entityxiv (please add
   additional rows as necessary)
                     % of voting rights   % of voting rights  Total of both if
                     if it equals or is   through financial   it equals or is
        Namexv         higher than the    instruments if it   higher than the
                         notifiable      equals or is higher     notifiable
                          threshold      than the notifiable     threshold
                                              threshold
   Mr. Roman Avdeev  0.085               2.967                3.05
   Blendiser         0.085               2.967                3.05
   Corporation LTD
   Sova Capital      0.085               2.967                3.05
   Limited
                                                               
                                                               
    
   10. In case of proxy voting, please identify:
   Name of the proxy holder               
   The number and % of voting rights      
   held
   The date until which the voting        
   rights will be held
    
   11. Additional informationxvi
    
                                                                        

    

   Place of completion London, UK
   Date of completion  18/05/2020

    

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   ISIN:          JE00B6T5S470
   Category Code: HOL
   TIDM:          POLY
   Sequence No.:  64802
   EQS News ID:   1051307


    
   End of Announcement EQS News Service

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