16 Nov 2010 07:00

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Â
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
Â
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
Â
(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
Â
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
Â
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Â
Â
Please complete all relevant boxes in block capital letters.
Â
Â
1. Name of the issuer
Â
FERREXPO PLC
Â
2. State whether the notification relates to
Â
(i) a transaction notified in accordance with DR 3.1.4R(1)(a); or
Â
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or
Â
(iii) both (i) and (ii)
Â
This Notification relates to transactions notified in accordance with (i), DR 3.1.4R(1)(a).
Â
3. Name of persons discharging managerial responsibilities/director
Â
PDMR
Â
Mr Viktor Lotous
Â
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/directors named in 3 and identify the connected person
Â
Notification only relates to persons named in 3.
Â
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Â
Notification only relates to persons named in 3.
Â
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Â
Ordinary shares of 10 pence each in Ferrexpo plc ("Ordinary Shares").
Â
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Â
Greenwood Nominees Limited.
Â
8 State the nature of the transaction
Â
Sale of beneficial interest in Ordinary Shares.
Â
9. Number of shares, debentures or financial instruments relating to shares acquired
Â
N/A
Â
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
Â
N/A
Â
11. Number of shares, debentures or financial instruments relating to shares disposed
Â
Mr Viktor Lotous - 30,000 Ordinary Shares
Â
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
Â
Mr Viktor Lotous - 0.0051%
Â
13. Price per share or value of transaction
Â
£3.90
Â
14. Date and place of transaction
Â
15 November 2010, Jersey, Channel Islands.
Â
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
Â
Holding Percentage
or Interest of issued
in Ordinary share capital
Shares
Â
Viktor Lotous 184,832 0.0314%
Â
16. Date issuer informed of transaction
Â
15 November 2010
Â
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
Â
17 Date of grant
Â
N/A
Â
18. Period during which or date on which it can be exercised
Â
N/A
Â
19. Total amount paid (if any) for grant of the option
Â
N/A
Â
20. Description of shares or debentures involved (class and number)
Â
N/A
Â
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
Â
N/A
Â
22. Total number of shares or debentures over which options held following notification
Â
N/A
Â
23. Any additional information
Â
N/A
Â
24. Name of contact and telephone number for queries
Â
Mr David Leonard - +44 (0)20 7389 8300
Â
Name and signature of duly authorised officer of issuer responsible for making notification
Â
Mr David Leonard - Company Secretary, Ferrexpo plc.
Â
Date of notification
Â
16 November 2010
Â
END