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Petropavlovsk Plc (POG)

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Wednesday 18 November, 2009

Petropavlovsk Plc

Directors' Dealings

RNS Number : 7162C
Petropavlovsk PLC
18 November 2009
 



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 allotmentsand 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.  Thereforethe 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




This information is provided by RNS
The company news service from the London Stock Exchange
 
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