FXPO Ferrexpo Plc

 

TIDMFXPO 
 
RNS Number : 1922B 
Ferrexpo PLC 
21 October 2009 
 

21 October 2009 
 
 
Ferrexpo plc 
 
 
Total Return Swap 
 
 
 
 
Ferrexpo plc ("Ferrexpo") announces today that it has been informed by RPG 
Industries SE ("RPGI") that its wholly-owned subsidiary Wigmore Street 
Investments No.3 Limited ("Wigmore") has sold 70,500,000 Ferrexpo shares, equal 
to approximately 12% of the issued share capital, to J.P. Morgan Securities 
Ltd., Citigroup Global Markets U.K. Equity Ltd and Morgan Stanley & Co 
International plc in equal proportions, and has entered into Total Return Swap 
("TRS") transactions with those institutions in respect of those shares. The TRS 
transactions have an average term of three years and provide Wigmore the right 
to elect to receive Ferrexpo shares in settlement of the swap at maturity 
(physical settlement). 
 
 
Following the transactions RPGI continues to have full economic exposure over 
25% minus one share of Ferrexpo's outstanding share capital. Ferrexpo and RPGI 
enjoy a good working relationship which remains unchanged by these transactions. 
Miklos Salamon and Marek Jelinek will continue to serve as non-executive 
directors of Ferrexpo. 
 
 
Ferrexpo is of the view that the transactions restore the proportion of Ferrexpo 
shares in public hands to approximately 25%, in line with LR9.2.15 of the 
Listing Rules. 
 
 
For further information, please contact: 
 
 
Ferrexpo:   +44 207 389 8304 
Gavin Mackay 
 
 
Pelham PR   +44 207 337 1500 
Evgeniy Chuikov 
James Henderson 
 
 
Notes to Editors: 
 
 
Ferrexpo is a Swiss headquartered resources company with assets in Ukraine, 
principally involved in the production and export of iron ore pellets, used in 
producing steel. Current output is over 9 million tonnes, most of which is 
exported to steelmakers around the world. The Group is listed on the main market 
of the London Stock Exchange under the ticker FXPO. For further information 
please visit www.ferrexpo.com. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCEAKEFAAXNFFE 
 

Ferrexpo (LSE:FXPO)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024

Ferrexpo (LSE:FXPO)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024