Director/PDMR Shareholding

RNS Number : 7136Z

Polymetal International PLC

16 March 2017

 

Release time	IMMEDIATE
Date	16 March 2017

Polymetal International plc

Director/PDMR Shareholding

Polymetal International plc (LSE, MOEX: POLY, ADR: AUCOY) (together with its subsidiaries - "Polymetal", the "Company", or the "Group") discloses the following information regarding certain of its share plans.

In accordance with the Deferred Share Awards plan ("DSA"), the award of shares under the DSA, which were granted in March 2014, 2015 and 2016, have vested and were transferred to the Group CEO and Persons Discharging Managerial Responsibilities ("PDMRs") on 15 March 2017 as presented in the table below: 

Name	Position	Number of shares vested	Additional share awards for dividend equivalents	Total amount of shares allotted	Total shareholding of employee following vesting of share award
Vitaly Nesis	Director	19,639	1,937	21,576	3,150,709
Vitaly Savchenko	PDMR	9,592	913	10,505	25,252
Sergey Trushin	PDMR	7,203	662	7,865	17,378
Roman Shestakov	PDMR	8,651	735	9,386	19,181
Pavel Danilin	PDMR	8,937	759	9,696	41,675
Igor Kapshuk	PDMR	6,067	515	6,582	13,455
Valery Tsyplakov	PDMR	10,008	864	10,872	207,628
Maxim Nazimok	PDMR	8,378	718	9,096	9,096

In addition, further to the bonus approval for the year ended 31 December 2016, the Group CEO and PDMRs have received a deferred bonus award in shares under the terms of the DSA. The total award of shares is detailed in the schedule below. Share awards will vest annually to employees over the next three years in equal instalments (in March 2018, 2019 and 2020). Under the terms of the DSA, dividend equivalents will be received on vested shares reflecting the value of the dividends which have been paid during the period from the grant date to the vesting date. Dividend equivalents will also be paid as shares to employees.  Details of the DSA are disclosed in Polymetal's Annual Report and Accounts available on the Company's website at www.polymetalinternational.com

Name	Position	Outstanding shares under 2014, 2015 and 2016 DSA (net of issued shares)	Share grant under 2017 DSA	Total number of deferred shares under the DSA
Vitaly Nesis	Director	11,829	7,909	19,738
Vitaly Savchenko	PDMR	7,174	4,541	11,715
Sergey Trushin	PDMR	5,442	6,204	11,646
Roman Shestakov	PDMR	8,074	6,278	14,352
Pavel Danilin	PDMR	8,331	7,875	16,206
Igor Kapshuk	PDMR	5,657	7,267	12,924
Valery Tsyplakov	PDMR	8,941	7,851	16,792
Maxim Nazimok	PDMR	7,622	7,009	14,631

No consideration is payable for the making or vesting of the awards by the beneficiaries.

In total 141,400 shares will be allotted to Group CEO, PDMRs and certain other employees of the Group. The new shares are expected to be admitted to trading on or around 17 March 2017. Following allotment of shares, the total issued capital of the Company is 430,112,661.

Notification is made under Disclosure Rule 3.1.4.

Enquiries

Media		Investor Relations
FTI Consulting Leonid Fink Jenny Payne	[phone]	Polymetal Maxim Nazimok Evgenia Onuschenko Maryana Nesis	[e-mail] [phone] (Russia) [phone] (UK)
Joint Corporate Brokers
Morgan Stanley Sam McLennan Richard Brown	[phone]	RBC Europe Limited Tristan Lovegrove Marcus Jackson	[phone]
Panmure Gordon Adam James Tom Salvesen	[phone]

FORWARD-LOOKING STATEMENTS

THIS RELEASE MAY INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, "FORWARD-LOOKING STATEMENTS".  THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE OF THIS RELEASE. THESE FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE WORDS "TARGETS", "BELIEVES", "EXPECTS", "AIMS", "INTENDS", "WILL", "MAY", "ANTICIPATES", "WOULD", "COULD" OR "SHOULD" OR SIMILAR EXPRESSIONS OR, IN EACH CASE THEIR NEGATIVE OR OTHER VARIATIONS OR BY DISCUSSION OF STRATEGIES, PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS.  THESE FORWARD-LOOKING STATEMENTS ALL INCLUDE MATTERS THAT ARE NOT HISTORICAL FACTS.  BY THEIR NATURE, SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER IMPORTANT FACTORS BEYOND THE COMPANY'S CONTROL THAT COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS.  SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS REGARDING THE COMPANY'S PRESENT AND FUTURE BUSINESS STRATEGIES AND THE ENVIRONMENT IN WHICH THE COMPANY WILL OPERATE IN THE FUTURE. FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE. THERE ARE MANY FACTORS THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. THE COMPANY EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO DISSEMINATE ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENTS CONTAINED HEREIN TO REFLECT ANY CHANGE IN THE COMPANY'S EXPECTATIONS WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED.

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2017

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Vitaly Nesis
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Polymetal International plc
b)	Legal Entity Identifier Code	213800JKJ5HJWYS4GR61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares JE00B6T5S470
b)	Nature of the transaction	Allotment/grant under DSA (LTIP)
c)	Price(s) and volume(s)	n/a
d)	Aggregated information	Description of Financial Transaction Aggregated Price Aggregated Volume Total Aggregated Price Ordinary shares 0.00 21,576 0.00 Deferred shares 0.00 7,909 0.00
e)	Date of the transaction	15 March 2017
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2017

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Vitaly Savchenko
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Polymetal International plc
b)	Legal Entity Identifier Code	213800JKJ5HJWYS4GR61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares JE00B6T5S470
b)	Nature of the transaction	Allotment/grant under DSA (LTIP)
c)	Price(s) and volume(s)	n/a
d)	Aggregated information	Description of Financial Transaction Aggregated Price Aggregated Volume Total Aggregated Price Ordinary shares 0.00 10,505 0.00 Deferred shares 0.00 4,541 0.00
e)	Date of the transaction	15 March 2017
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2017

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sergey Trushin
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Polymetal International plc
b)	Legal Entity Identifier Code	213800JKJ5HJWYS4GR61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares JE00B6T5S470
b)	Nature of the transaction	Allotment/grant under DSA (LTIP)
c)	Price(s) and volume(s)	n/a
d)	Aggregated information	Description of Financial Transaction Aggregated Price Aggregated Volume Total Aggregated Price Ordinary shares 0.00 7,865 0.00 Deferred shares 0.00 6,204 0.00
e)	Date of the transaction	15 March 2017
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2017

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Roman Shestakov
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Polymetal International plc
b)	Legal Entity Identifier Code	213800JKJ5HJWYS4GR61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares JE00B6T5S470
b)	Nature of the transaction	Allotment/grant under DSA (LTIP)
c)	Price(s) and volume(s)	n/a
d)	Aggregated information	Description of Financial Transaction Aggregated Price Aggregated Volume Total Aggregated Price Ordinary shares 0.00 9,386 0.00 Deferred shares 0.00 6,278 0.00
e)	Date of the transaction	15 March 2017
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2017

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Pavel Danilin
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Polymetal International plc
b)	Legal Entity Identifier Code	213800JKJ5HJWYS4GR61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares JE00B6T5S470
b)	Nature of the transaction	Allotment/grant under DSA (LTIP)
c)	Price(s) and volume(s)	n/a
d)	Aggregated information	Description of Financial Transaction Aggregated Price Aggregated Volume Total Aggregated Price Ordinary shares 0.00 9,696 0.00 Deferred shares 0.00 7,875 0.00
e)	Date of the transaction	15 March 2017
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2017

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Igor Kapshuk
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Polymetal International plc
b)	Legal Entity Identifier Code	213800JKJ5HJWYS4GR61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares JE00B6T5S470
b)	Nature of the transaction	Allotment/grant under DSA (LTIP)
c)	Price(s) and volume(s)	n/a
d)	Aggregated information	Description of Financial Transaction Aggregated Price Aggregated Volume Total Aggregated Price Ordinary shares 0.00 6,582 0.00 Deferred shares 0.00 7,267 0.00
e)	Date of the transaction	15 March 2017
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2017

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Valery Tsyplakov
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Polymetal International plc
b)	Legal Entity Identifier Code	213800JKJ5HJWYS4GR61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares JE00B6T5S470
b)	Nature of the transaction	Allotment/grant under DSA (LTIP)
c)	Price(s) and volume(s)	n/a
d)	Aggregated information	Description of Financial Transaction Aggregated Price Aggregated Volume Total Aggregated Price Ordinary shares 0.00 10,872 0.00 Deferred shares 0.00 7,851   0.00
e)	Date of the transaction	15 March 2017
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2017

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Maxim Nazimok
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Polymetal International plc
b)	Legal Entity Identifier Code	213800JKJ5HJWYS4GR61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares JE00B6T5S470
b)	Nature of the transaction	Allotment/grant under DSA (LTIP)
c)	Price(s) and volume(s)	n/a
d)	Aggregated information	Description of Financial Transaction Aggregated Price Aggregated Volume Total Aggregated Price Ordinary shares 0.00 9,096 0.00 Deferred shares 0.00 7,009 0.00
e)	Date of the transaction	15 March 2017
f)	Place of the transaction	London Stock Exchange

 

END

 

 

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