Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Petropavlovsk Plc (POG)

  Print      Mail a friend       Annual reports

Monday 07 December, 2009

Petropavlovsk Plc

Reminder of Conversion Period

RNS Number : 6752D
Petropavlovsk PLC
07 December 2009

RNS Announcement

Petropavlovsk PLC

Reminder of Conversion Period under Redemption Notice of US$140,000,000 7.125 per cent Guaranteed Convertible Bonds Due 2010

7 December 2009

Following the Redemption Notice issued by Petropavlovsk PLC on 13 November 2009, Bondholders wishing to convert their Bonds into the Ordinary Shares and avoid having their Bonds redeemed are reminded they have up to and including Tuesday 8 December 2009 to deliver their Bonds for conversion.  

Optional Redemption Notice (as released on 13 November 2009):

Capitalised terms used herein shall have the same meanings as those ascribed to them in the terms and conditions of the Bonds. 

Notice is hereby given that the Issuer will redeem all outstanding Bonds in full prior to the Final Maturity Date pursuant to Condition 7(b) (Redemption at the Option of the Issuer) at their principal amount together with accrued interest up to but excluding the Optional Redemption Date (as defined below), details of which are set out below: 

Optional Redemption Date:

14 December 2009

Conversion Price as at 11 November 2009, being the latest practicable date prior to the publication of this Notice:  

£7.24 per Share

Aggregate principal amount outstanding of the Bonds as at 11 November 2009, being the latest practicable date prior to the publication of this Notice:


Closing price of the Ordinary Shares as at 11 November 2009, being the latest practicable date prior to the publication of this Notice:


Conversion Period:

Up to close of business (at the place where the relevant Bond is delivered for conversion) on 8 December 2009 

Condition 7(b) (Redemption at the Option of the Issuer) provides that the outstanding Bonds may, at the option of the Issuer, be redeemed at their principal amount plus accrued interest up to but excluding the Optional Redemption Date provided that at any time on or after 25 August 2008, on more than 20 dealing days during any period of 30 consecutive dealing days ending not earlier than 14 days prior to the giving of the Optional Redemption Notice, the Aggregate Value for each such dealing day exceeds US$150,000. This proviso was satisfied as at the close of business on 12 November 2009

Bondholders wishing to avoid having their Bonds redeemed have up to and including 8 December 2009 to convert those Bonds. If all of the Bondholders elect to convert their Bonds, a total of approximately 10,847,810 Ordinary Shares will be issued upon conversion of those Bonds, representing approximately 6.33 per cent of the Guarantor's existing ordinary share capital as at 11 November 2009 and also approximately 5.97 per cent of its ordinary share capital as at such date as enlarged by the issue of such Ordinary Shares. 

The Issuer intends to complete any formalities in relating to the delisting of the Bonds from the Luxembourg Stock Exchange as soon as possible following the redemption of the outstanding Bonds on 14 December 2009. 

Enquiries to:

Petropavlovsk PLC                  +44 (0) 207 201 8900

Charlie Gordon

Brian Egan

Merlin                                      +44 (0) 207 726 8400

David Simonson

Tom Randell

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

a d v e r t i s e m e n t