Ferrexpo Regulatory News (FXPO)

For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

FERREXPO PLC

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

No

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

No

An event changing the breakdown of voting rights

No

Other (please specify):Execution of an agreement dated 18 March 2009 between Ralkon Commercial Limited and Fayver Properties Inc. relating to the voting of shares in the issuer held by each of the parties

Yes

3. Full name of person(s) subject to notification obligation:

RALKON COMMERCIAL LIMITED 

4. Full name of shareholder(s) (if different from 3):

IGOR KOLOMOISKY

5. Date of transaction (and date on which the threshold is crossed or reached if different):

18 March 2009

6. Date on which issuer notified:

20 March 2009

7. Threshold(s) that is/are crossed or reached:

10%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

GB00B1XH203

ORDINARY

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

40,551,710

Number of voting rights

40,551,710

Number of shares

40,551,710

Number of voting rights

Percentage of voting rights

Direct

40,551,710

Indirect

18,691,205

Direct

6.8892%

Indirect

3.1754%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

N/A

N/A

N/A

N/A

N/A

Total (A+B)

Number of voting rights

Percentage of voting rights

59,242,915

10.0646%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Ralkon Commercial Limited (40,551,710 shares, 6.8892% in Ferrexpo plc) - Igor Kolomoisky (100% beneficially held in Ralkon Commercial Limited)

An agreement has been concluded between Fayver Properties Inc. (holder of 18,691,205 shares, 3.1754% in Ferrexpo plc) and Ralkon Commercial Limited (holder of 40,551,710 shares, 6.8892% in Ferrexpo plc) under which the parties are bound to jointly exercise their voting rights in respect of shares in Ferrexpo plc

Proxy Voting:

10. Name of 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:

Mr Gavin Mackay

15. Contact telephone name:

+44 (0) 20 7389 8300