Director/PDMR Shareholding

RNS Number : 9487H

Polymetal International PLC

16 March 2018

 

Release time	IMMEDIATE
Date	16 March 2018

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 2015, 2016 and 2017, have vested and were transferred to the Group CEO and Persons Discharging Managerial Responsibilities ("PDMRs") on 15 March 2018 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	12,247	1,113	13,360	3,214,069
Vitaly Savchenko	PDMR	7,515	705	8,220	33,472
Sergey Trushin	PDMR	6,089	459	6,548	23,926
Roman Shestakov	PDMR	7,824	612	8,436	27,617
Pavel Danilin	PDMR	8,538	644	9,182	50,857
Igor Kapshuk	PDMR	6,416	449	6,865	20,320
Valery Tsyplakov	PDMR	8,966	686	9,652	217,280
Maxim Nazimok	PDMR	7,720	581	8,301	17,397

In addition, further to the bonus approval for the year ended 31 December 2017, 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 2019, 2020 and 2021). 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 2015, 2016 and 2017 DSA (net of issued shares)	Share grant under 2018 DSA	Total number of deferred shares under the DSA
Vitaly Nesis	Director	7,491	10,261	17,752
Vitaly Savchenko	PDMR	4,200	6,692	10,892
Sergey Trushin	PDMR	5,557	8,495	14,052
Roman Shestakov	PDMR	6,528	8,955	15,483
Pavel Danilin	PDMR	7,668	8,736	16,404
Igor Kapshuk	PDMR	6,508	6,989	13,497
Valery Tsyplakov	PDMR	7,826	8,526	16,352
Maxim Nazimok	PDMR	6,911	9,610	16,521

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

In total 148,561 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 19 March 2018. Following allotment of shares, the total issued capital of the Company is 430,264,041.

This notification is made in accordance with Article 19 of the Market Abuse Regulation.

Enquiries

Media		Investor Relations
FTI Consulting Leonid Fink Viktor Pomichal	[phone]	Polymetal Evgenia Onuschenko Maryana Nesis Michael Vasiliev	[e-mail] [phone] (UK) [phone] (Russia)
Joint Corporate Brokers
Morgan Stanley Andrew Foster Richard Brown Panmure Gordon Adam James James Stearns	[phone] [phone]	RBC Europe Limited Tristan Lovegrove Marcus Jackson	[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 2018

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 13,360 0.00 Deferred shares 0.00 10,261   0.00
e)	Date of the transaction	15 March 2018
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2018

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 8,220 0.00 Deferred shares 0.00 6,692 0.00
e)	Date of the transaction	15 March 2018
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2018

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 6,548 0.00 Deferred shares 0.00 8,495 0.00
e)	Date of the transaction	15 March 2018
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2018

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 8,436 0.00 Deferred shares 0.00 8,955 0.00
e)	Date of the transaction	15 March 2018
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2018

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 9,182 0.00 Deferred shares 0.00 8,736   0.00
e)	Date of the transaction	15 March 2018
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2018

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 6,865 0.00 Deferred shares 0.00 6,989   0.00
e)	Date of the transaction	15 March 2018
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2018

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 9,652 0.00 Deferred shares 0.00 8,526 0.00
e)	Date of the transaction	15 March 2018
f)	Place of the transaction	London Stock Exchange

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them

                 16 March 2018

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 8,301 0.00 Deferred shares 0.00 9,610 0.00
e)	Date of the transaction	15 March 2018
f)	Place of the transaction	London Stock Exchange

 

END

 

 

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