Last checked at 22 Oct 2009 16:49
| TR-1: NOTIFICATION OF MAJOR INTEREST 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 the notification (please tick the appropriate box or boxes): | ||
| An acquisition or disposal of voting rights | Yes | |
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | No | |
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | No | |
| An event changing the breakdown of voting rights | No | |
| Other (please specify): |
| No |
| 3. Full name of person(s) subject to the notification obligation: |
Fayver Properties Inc. |
| 4. Full name of shareholder(s) (if different from 3.): | Genadiy Bogoliubov and Fayver Propoerties Inc. |
| 5. Date of the transaction and date on which the threshold is crossed or reached: |
19 October 2009 |
| 6. Date on which issuer notified: | 22 October 2009 |
| 7. Threshold(s) that is/are crossed or reached: | 9% |
| 8. Notified details: | |||||||
| A: Voting rights attached to shares | |||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Direct | Indirect | Direct | Indirect | |||
|
| 20,224,126 | 20,224,126 | 20,224,126 | 20,224,126 | 29,000,000 | 3.4358% | 4.9267% |
| GB00B1XH2C03 | |||||||
| B: Qualifying Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
| Resulting situation after the triggering transaction | ||||||
| Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights | |
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| Nominal | Delta |
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| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 49,224,126 | 8.3625% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
| (1) Fayver Properties Inc. (20,224,126 shares; 3.4358% in Ferrexpo plc) - Gennadiy Bogoliubov 100% (beneficially held) in Fayver Properties Inc). (2) An agreement has been concluded between Fayver Properties Inc (the holder of 20,224,126 shares in the issuer) and Ralkon Commercial Limited (the holder of 29,000,000 shares in the issuer) under which the parties are bound to jointly exercise their voting rights in respect of shares in the issuer. |
| Proxy Voting: | |
| 10. Name of the 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: |
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| 14. Contact name: | Mr Gavin Mackay |
| 15. Contact telephone number: | +44 (0) 20 7389 8300 |