Petropavlovsk PLC TR-1: Notification of Major Interest in Shares (5802O)
August 21 2017 - 10:48AM
UK Regulatory
TIDMPOG
RNS Number : 5802O
Petropavlovsk PLC
21 August 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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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):
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An acquisition or disposal of voting rights
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An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights
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Other (please A change from indirect to direct interest x
specify): in voting rights following an intra-group
transfer
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3. Full name of person(s) Renova Assets Ltd.
subject to the Renova Holding Ltd.
notification obligation: TZ Columbus Services Limited
(iii) (as trustee for Columbus Trust)
----------------------------------------------------------- -----------------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
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5. Date of the transaction 18 August 2017
and date on which the threshold
is crossed or reached: (v)
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6. Date on which issuer 18 August 2017
notified:
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7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 14%
----------------------------------------------------------- -----------------------------------------------
8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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)
------------- ------------ ----------- -------------- -------------- ----------- -------------- -----------
Ordinary
shares
ISIN:
GB0031544546 483,992,987 14, 7496% 483,992,987 483,992,987 0 14, 7496% 0%
------------- ---------------- --------------- -------------- -------------- ----------- -------------- -----------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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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.
----------------- -------------- ------------------------------- ----------------------------- -----------------------
n/a
----------------- -------------- ------------------------------- ----------------------------- -----------------------
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)
--------------- -------------- ------------- ---------------- ----------------------------- -------------------------
n/a Nominal Delta
--------------- -------------- ------------- ---------------- ----------------------------- -------------- ---------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
-------------------------------------------------- ----------------------------------------------------------------------
483,992,987 14, 7640%
-------------------------------------------------- ----------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
---------------------------------------------------------------------------------
On 18 August 2017, Renova Asset Holding Ltd. transferred
all of the shares set out in box 8A above to Renova
Assets Ltd. Renova Asset Holding Ltd. has filed a separate
TR-1 in relation to the disposal of its interest in
the shares as a result of the transfer.
Renova Asset Holding Ltd. is a direct wholly-owned subsidiary
of Renova Assets Ltd. which in turn is 90%-owned by
Renova Holding Ltd., which in turn is wholly-owned by
TZ Columbus Services Limited, as trustee for Columbus
Trust.
The interest of each of Renova Assets Ltd., Renova Holding
Ltd. and TZ Columbus Services Limited, as trustee for
the Columbus Trust, in the shares set out in box 8A
above for the situation previous to the transfer remains
unchanged as a result of the transfer, except that Renova
Assets Ltd. now has a direct, rather than an indirect,
interest in the shares.
Renova Holding Ltd. has an indirect interest in the
shares held by Renova Assets Ltd. by virtue of its 90%
holding in Renova Assets Ltd.
TZ Columbus Services Limited, as trustee for Columbus
Trust, has an indirect interest in the shares held by
Renova Assets Ltd. by virtue of its 100% holding in
Renova Holding Ltd.
Proxy Voting:
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10. Name of the proxy holder: n/a
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11. Number of voting rights proxy n/a
holder will cease to hold:
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12. Date on which proxy holder will n/a
cease to hold voting rights:
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13. Additional information:
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14. Contact name: Mr. Marco Montanari
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15. Contact telephone number: +1 (242) 326 2150
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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