18th Nov 2009 15:15
18 November 2009
Petropavlovsk PLC
Directors' Dealings / Total Voting Rights
Petropavlovsk PLC ("the Company") announces that on 17 November 2009 notification was received from Peter Hambro and Pavel Maslovskiy, both directors of the Company, of the conversion of Guaranteed Convertible Bonds at a conversion price of £7.24.
Further to this conversion, the holding of Peter Hambro and associates and Pavel Maslovskiy and associates has increased by the allotment of the following ordinary shares:
|
Director |
Before conversion |
Number of shares allotted |
After conversion |
||
|
Number of shares |
% |
Number of shares |
% |
||
|
Peter Hambro and associates |
10,042,843 |
5.86% |
577,670 |
10,620,513 |
6.15% |
|
Pavel Maslovskiy and associates |
18,224,756 |
10.64% |
538,901 |
18,763,657 |
10.86% |
Following these allotments, and the allotment of 426,468 shares further to the conversion of bonds by other bondholders, which were made today, the total issued share capital of the Company will comprise 172,790,527 ordinary shares with a nominal value of £0.01 each, each ordinary share conveying the right to one vote. Petropavlovsk PLC does not hold any ordinary shares in Treasury. Therefore, the total number of voting rights in Petropavlovsk PLC will be 172,790,527.
The above figure of 172,790,527 shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Petropavlovsk PLC under the Financial Service Authority's Disclosure and Transparency Rules.
Enquiries:
|
Petropavlovsk PLC Alya Samokhvalova - Group Head of External Communications |
+44 (0) 20 7201 8900 |
|
Merlin David Simonson Tom Randell |
+44 (0) 20 7726 8400 |
Related Shares:
POG.L