FERROGLOBE PLC

Ticker: GSM CUSIP: G33856108 Class: SHS

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017

Shares 227,230 Value ($000) $3,681 Avg Close $14.91 Range $12.66 - $16.95

Q3 2017

Shares 413,450 Value ($000) $5,441 Avg Close $12.50 Range $11.45 - $13.92

Q1 2017

Shares 310,203 Value ($000) $3,204 Avg Close $10.13 Range $8.88 - $12.06

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	227,230	$3,681	$14.91	$12.66 - $16.95
Q3 2017	413,450	$5,441	$12.50	$11.45 - $13.92
Q1 2017	310,203	$3,204	$10.13	$8.88 - $12.06