Director/PDMR Shareholding

RNS Number : 2589F

Wheaton Precious Metals Corp.

18 March 2022

 

18 March, 2022                                                                                                                                        TSX: WPM

                                                                                                                                                                 NYSE: WPM

                                                                                                                                                                 LSE: WPM

DIRECTOR/PDMR SHAREHOLDING &
GRANT OF LONG-TERM COMPENSATION TO EMPLOYEES

Wheaton Precious Metals Corp. ("Wheaton") makes the following announcement regarding its persons discharging managerial responsibilities.  The Company has issued 45,675 common shares of no par value pursuant to the exercise by eligible employees of vested long-term incentive plan grants (together, the "Shares"). All of the Shares are quoted on the Toronto Stock Exchange and the New York Stock Exchange and, in London, an application for admission of these Shares to the Official List (Standard Segment) of the Financial Conduct Authority and to trading on the Main Market of the London Stock Exchange will be made as soon as possible with a further announcement to be made in due course once the application is submitted.

Further to the announcement dated 17 March, in addition to the awards granted to PDMRs, Wheaton has granted 47,380 restricted share units ("RSU") pursuant to its Restricted Share Plan, 90,420 performance share units ("PSU") pursuant to its Performance Share Unit Plan and 199,350 stock options to employees who are not PDMRs. The RSUs have been granted with restricted periods that will expire as to one-third on each of the 1st, 2nd and 3rd anniversary of the grant date. The PSUs have been granted with a performance period from March 15, 2022 to March 14, 2025. The stock options have been granted with a seven-year term and a vesting schedule of one-third on each of the 1st, 2nd, and 3rd anniversary of the grant date.

The following notifications, which are being made in accordance with the requirements of the Market Abuse Regulation, provide further detail of the notifiable transactions.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Gary Brown
2	Reason for the notification
a)	Position/status	PDMR - Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Wheaton Precious Metals Corp.
b)	LEI	549300XSFG5ZCGVYD886
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	Common shares with no par value. CA9628791027
b)	Nature of the transaction	Issuance of common shares following the exercise of stock options
c)	Price(s) and volume(s)	Price(s) Volume(s) C$27.51 22,150
d)	Aggregated information	N/A - Single transaction
e)	Date of transaction	March 17, 2022
f)	Place of transaction	Outside a trading venue
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	Common shares with no par value. CA9628791027
b)	Nature of the transaction	Sale of common shares following the exercise of stock options
c)	Price(s) and volume(s)	Price(s) Volume(s) C$61.2591 22,150
d)	Aggregated information	N/A
e)	Date of transaction	March 17, 2022
f)	Place of transaction	Toronto Stock Exchange
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	Common shares with no par value. CA9628791027
b)	Nature of the transaction	Issuance of common shares following the exercise of stock options
c)	Price(s) and volume(s)	Price(s) Volume(s) C$26.24 23,525
d)	Aggregated information	N/A
e)	Date of transaction	March 17, 2022
f)	Place of transaction	Outside a trading venue
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	Common shares with no par value. CA9628791027
b)	Nature of the transaction	Sale of common shares following the exercise of stock options
c)	Price(s) and volume(s)	Price(s) Volume(s) C$61.2591 23,525
d)	Aggregated information	N/A
e)	Date of transaction	March 17, 2022
f)	Place of transaction	Toronto Stock Exchange

For further information, please contact:

Patrick Drouin

Wheaton Precious Metals Corp.

Tel: [phone]

Email: [e-mail]

Website: www.wheatonpm.com

UK PUBLIC RELATIONS

Tavistock  [phone] / [phone]

Jos Simson  [e-mail]

Gareth Tredway

UK CORPORATE BROKERS

Berenberg   [phone]

Matthew Armitt

Jennifer Wyllie

Detlir Elezi

Peel Hunt   [phone]

Ross Allister

Alexander Allen

David McKeown

Wheaton Precious Metals Corp. LEI: 549300XSFG5ZCGVYD886

 

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