Petropavlovsk PLC Notification of Major Interest in Shares (0469B)

TIDMPOG

RNS Number : 0469B

Petropavlovsk PLC

30 March 2017

 
 For filings with the FCA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                 Petropavlovsk PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------------  ------------------------------ 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
----------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                     X 
------------------------------------------------------------------  --------------------------- 
 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)                                                  Lamesa Holding S.A. 
  subject to the                                                      Lamesa Group Holding S.A. 
  notification obligation:                                                    Lamesa Foundation 
  (iii) 
-----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                                       28 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                                          30 March 2017 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are                                                  8% (in aggregate) 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the 
  of             to the triggering                 triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------  --------------------------------------------------------------------- 
                Number           Number           Number         Number of                    % of voting 
                of                of               of shares      voting                       rights (x) 
                Shares            Voting                          rights 
                                  Rights 
-------------  ---------------  ---------------  -------------  ---------------------------  ------------------------- 
                                                  Direct         Direct         Indirect      Direct        Indirect 
                                                                  (xi)           (xii) 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 Ordinary 
 shares ISIN: 
 GB0031544546                0                0     59,400,693     59,400,693             0        1.8102            0 
-------------  ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                       Number of voting               % of voting 
 financial           date           Conversion                      rights that                    rights 
 instrument          (xiii)         Period (xiv)                    may be 
                                                                    acquired if 
                                                                    the 
                                                                    instrument 
                                                                    is 
                                                                    exercised/ 
                                                                    converted. 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/        Number of voting               % of voting 
 financial         price         date           Conversion        rights instrument              rights (xix, 
 instrument                      (xvii)         period            refers to                      xx) 
                                                (xviii) 
---------------  -------------  -------------  ---------------  -----------------------------  ----------------------- 
 Convertible      GBP0.826       18th           from                                            Nominal       Delta 
 bonds             /              March          28 April 
 ISIN:             US$0.1253      2020           2015 
 XS1201840326                                    to six 
                                                 days 
                                                 before 
                                                 maturity 
                                                 or call 
---------------  -------------  -------------  ---------------                                 ------------  --------- 
                                                                                  225,674,382   6.8774% 
-------------      -----------    -----------      -----------  -----------------------------  ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 285,075,075                                        8.6876% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------- 
 
                          Lamesa Holding S.A. is direct wholly-owned subsidiary 
                    of Lamesa Group Holding S.A., which in turn is wholly-owned 
                                                          by Lamesa Foundation. 
 
                        Lamesa Holding S.A. is the shareholder and has a direct 
                         interest in the shares set out in section 8A above and 
                      is the holder of the convertible bonds set out in section 
                                                                      8C above. 
 
                           Lamesa Group Holding S.A. and Lamesa Foundation each 
                     has an indirect interest in the shares and the convertible 
                            bonds held by Lamesa Holding S.A by virtue of their 
                                              interests in Lamesa Holding S.A.. 
 
 Proxy Voting: 
------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                              n/a 
---------------------------------------------------------  -------------------- 
 11. Number of voting rights proxy                          n/a 
  holder will cease to hold: 
---------------------------------------------------------  -------------------- 
 12. Date on which proxy holder will                        n/a 
  cease to hold voting rights: 
---------------------------------------------------------  -------------------- 
 
 
  13. Additional information:                                n/a 
---------------------------------------------------------  -------------------- 
 14. Contact name:                                          Ms. Oxana Vasilieva 

---------------------------------------------------------  -------------------- 
 15. Contact telephone number:                              [phone] 
---------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 30, 2017 08:04 ET (12:04 GMT)