TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BL0L5G04
Issuer Name
ADRIATIC METALS PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of financial instruments
3. Details of person subject to the notification obligation
Name
UBS Group AG - Investment Bank & Global Wealth Management
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
| Name | City of registered office | Country of registered office |
| UBS AG | London | United Kingdom |
5. Date on which the threshold was crossed or reached
01-Nov-2024
6. Date on which Issuer notified
05-Nov-2024
7. Total positions of person(s) subject to the notification obligation
| . | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 0.531843 | 5.112316 | 5.644159 | 18313989 |
| Position of previous notification (if applicable) | 0.000000 | 0.000000 | 0.000000 | |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00BL0L5G04 | | 1725706 | | 0.531843 |
| Sub Total 8.A | 1725706 | 0.531843% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| Depository Receipts (AU0000004772) | | At any time | 5531230 | 1.704661 |
| Right to recall on Depository Receipts (AU0000004772) | | At any time | 9979439 | 3.075547 |
| Sub Total 8.B1 | | 15510669 | 4.780208% | |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
| Swaps On Baskets | 06/08/2026 -28/09/2027 | | Cash | 1077614 | 0.332108 |
| Sub Total 8.B2 | | 1077614 | 0.332108% | ||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| UBS Group AG (Chain 1) | | | | |
| UBS Group AG (Chain 1) | UBS AG | | 4.828600 | 5.360442% |
| UBS Group AG (Chain 2) | | | | |
| UBS Group AG (Chain 2) | UBS AG | | 4.828600 | 5.360442% |
| UBS Group AG (Chain 2) | UBS Switzerland AG | | | |
| UBS Group AG (Chain 3) | | | | |
| UBS Group AG (Chain 3) | UBS AG | | 4.828600 | 5.360442% |
| UBS Group AG (Chain 3) | UBS Holdings Pty Ltd | | | |
| UBS Group AG (Chain 3) | UBS Securities Australia Ltd | | | |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
12. Date of Completion
05-Nov-2024
13. Place Of Completion
Zurich, Switzerland
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