Regulated Information
29 June 2017 at 19.00 CEST
Capital Increase
Nyrstar NV (the "Company") announces that today it has issued 84,969 new ordinary shares in a capital increase in cash for an amount of EUR 440,989.11 (consisting of capital and issue premium) within the framework of the authorised capital. The new shares were subscribed for by certain existing senior employees of the Company and its subsidiaries that elected to use all or part of their cash award under Grant 7 of the Company's Long Term Incentive Plan to subscribe for new shares in the Company.
The new shares issued in the aforementioned capital increase have the same rights and benefits as, and rank pari passu in all respects, including as to entitlement to dividends, with, the existing and outstanding shares of the Company at the moment of their issue and will be entitled to distributions in respect of which the relevant record date or due date falls on or after the date of issue of the shares. The Company shall apply for the admission of the new shares to trading on the regulated market of Euronext Brussels.
New Denominator
As a result of the share issue, in accordance with Article 15 of the Belgian Act of 2 May 2007 on the disclosure of significant shareholdings in issuers securities of which are admitted to trading on a regulated market and containing various other provisions, the status of Nyrstar's share capital and outstanding voting securities as at 29 June 2017 can be summarised as follows:
- Total outstanding share capital: 97,281,194.98
- Total outstanding voting securities: 93,648,929
- Total outstanding voting rights (denominator): 93,648,929
- Total outstanding convertible bonds: 4.25% senior unsecured convertible bonds due 2018 for an aggregate principal amount of EUR 90.5 million (the "2018 Convertible Bonds"), and 5.00% senior guaranteed unsecured convertible bonds due 2022 for an aggregate principal amount of EUR 115 million (the "2022 Convertible Bonds")
- Shares that can still be issued: up to 16,163,169 new shares (each entailing one voting right) can be issued upon the conversion of (a) all of the outstanding 2018 Convertible Bonds at their current conversion price of EUR 21.63 per share, and (b) all of the outstanding 2022 Convertible Bonds at their current conversion price of EUR 9.60 per share. The conversion prices of the 2018 Convertible Bonds and 2022 Convertible Bonds are subject to adjustments.
About Nyrstar
Nyrstar is a global multi-metals business, with a market leading position in zinc and lead, and growing positions in other base and precious metals, which are essential resources that are fuelling the rapid urbanisation and industrialisation of our changing world. Nyrstar has mining, smelting and other operations located in Europe, the Americas and Australia and employs approximately 4,300 people. Nyrstar is incorporated in Belgium and has its corporate office in Switzerland. Nyrstar is listed on Euronext Brussels under the symbol NYR. For further information please visit the Nyrstar website: www.nyrstar.com .
For further information contact:
Anthony Simms Group Manager Investor Relations T: +41 44 745 8157 M: +41 79 722 2152 E: anthony.simms@nyrstar.com Franziska Morroni Group Manager Corporate Communications T: +41 44 745 8295 M: +41 79 719 2342 E: franziska.morroni@nyrstar.com
The full press release can be downloaded from the following link:
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