Polymetal International PLC TR-1: Notification of major interest in shares (3073F)

TIDMPOLY

RNS Number : 3073F

Polymetal International PLC

16 May 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
---------------------------------------------------------------------------------------------------------- 
 1. Identity of the issuer or                                     Polymetal International 
  the underlying issuer                                            plc 
  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 
-------------------------------------------------------------------  ------------------------------------- 
 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)                                                    Nikolay Mamut 
  subject to the 
  notification obligation: 
  (iii) 
-------------------------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s)                                         Lynwood Capital Management 
  (if different from 3.):(iv)                                                  Fund Limited 
-------------------------------------------------------------  ------------------------------------------- 
 5. Date of the transaction                                        3 May 2017 (date of the transaction) 
  and date on                                                           3 May 2017 (date on which 
  which the threshold is                                                the threshold is crossed) 
  crossed or 
  reached: (v) 
-------------------------------------------------------------  ------------------------------------------- 
 6. Date on which issuer                                                       12 May 2017 
  notified: 
-------------------------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are                                              4% (for voting rights) 
  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 voting         % of voting 
                  of                of                of shares       rights                   rights (x) 
                  Shares            Voting 
                                    Rights 
--------------  ----------------  ----------------  --------------  -----------------------  ------------------------- 
                                                     Direct          Direct     Indirect      Direct        Indirect 
                                                                     (xi)        (xii) 
--------------      ------------    ------------    --------------  ---------  ------------  ------------  ----------- 
 
 
  JE00B6T5S470     16,600,082        16,600,082                                                                4.09 
                ----------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
                                                                                17,600,082 
--------------      ------------    ------------      ------------    -------  ------------      --------    --------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration      Exercise/                         Number of voting           % of voting 
  instrument          date            Conversion                        rights that                rights 
                      (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) 
----------------  --------------  --------------  ----------------  -------------------------  ----------------------- 
                                                                                                Nominal       Delta 
----------------  --------------  --------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
 
                      17,600,082                       4.09% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------- 
 Lynwood Capital Management Fund Limited's direct holding 
  in Polymetal International plc is 4.09% (17,600,082 
  shares). Nikolay Mamut (the son of Alexander Mamut) 
  indirect holding in Lynwood Capital Management Fund 
  Limited is 100% through the following ownership chain: 
  Lynwood Green Limited's direct holding in Lynwood Capital 
  Management Fund Limited is 100%. 
 
 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: 
                                                                 Representative 
                                                                Marina Groenberg 
------------------------------------------------------  ------------------------------ 
 15. Contact telephone number: 
                                                            Tel. (Zurich): +41 44 500 
                                                                      4730 
------------------------------------------------------  ------------------------------ 
 
 

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May 16, 2017 07:28 ET (11:28 GMT)