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29 Sep 2015 14:16
SUPPLEMENTAL FORM 8 (SBL)
DETAILS OF SECURITIES BORROWING AND LENDING AND
FINANCIAL COLLATERAL ARRANGEMENTS BY
PARTIES TO AN OFFER AND PERSONS ACTING IN CONCERT
Note 5(l) on Rule 8 of the Takeover Code (the “Code”)
1. KEY INFORMATION
| Full name of person making disclosure: | VTB Capital Plc on behalf of JSC VTB Bank and affiliated entities | |
| Name of offeror/offeree in relation to whose relevant securities this form relates: | Polyus Gold International Limited |
2. SECURITIES BORROWING AND LENDING/FINANCIAL COLLATERAL POSITIONS
| Class of relevant security: | JE00B5WLXH36 | ||||
| Number | % | ||||
| Securities borrowed:
Shares held as part of various repurchase agreements |
610,439,649* |
20.1% | |||
| Securities lent (including securities subject to a security financial collateral arrangement with right of use or a title transfer collateral arrangement): | 0 | 0% | |||
*Includes 6,692,291 GDR (US73180Y2037) which we have converted 1:1 for disclosure purposes
This position arises as a result of repurchase agreements under which the counterparty retains the voting rights attributable to such shares
The Panel Executive has agreed on an ex parte basis that such repurchase agreements may be re-financed on equivalent terms in respect of the same number of securities and that such re-financing will not require disclosure pursuant to Rule 4.6 of the Takeover Code
Details of borrowed relevant securities which have been either on-lent or sold do not need to be disclosed.
3. SECURITIES BORROWING AND LENDING/FINANCIAL COLLATERAL TRANSACTIONS
| Class of relevant security | Nature of transaction e.g. securities lending/borrowing, delivery/receipt of recalled securities, entering into financial collateral arrangement with right of use, entering into title transfer collateral arrangement etc. | Number of securities |
The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150929006120/en/
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