Last checked at 7 Mar 2018 18:28
Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them ("PCAs")
7 March 2018 - En+ Group plc (the "Company", "the Group" or "En+ Group"), (LSE: ENPL; MOEX: ENPL) a leading international vertically integrated aluminium and power producer, announces that it received notification today from Basic Element Limited ("Basic Element") of 44 Esplanade St. Helier, Jersey Channel Islands, JE4 9WG, that with effect from 27/02/2018 it converted 5,000,000 global depositary receipts ("GDRs") representing ordinary shares of the Company ("Ordinary Shares") held by it into Ordinary Shares. Basic Element is a PCA of Mr Oleg Vladimirovich Deripaska.
The Notification of Dealing Form for Basic Element can be found below.
This notification is made in accordance with the Market Abuse Regulation.
Notification of Dealing Form for Basic Element
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | BASIC ELEMENT LIMITED, 44 ESPLANADE ST. HELIER, JERSEY CHANNEL ISLANDS, JE4 9WG | ||||
2 | Reason for the notification | |||||
a) | Position/status | THIS NOTIFICATION CONCERNS A PERSON CLOSELY ASSOCIATED WITH A PDMR (OLEG VLADIMIROVICH DERIPASKA, DIRECTOR OF EN+ GROUP PLC) | ||||
b) | Initial notification /Amendment | THIS IS AN INITIAL NOTIFICATION OF THE TRANSACTION DESCRIBED HEREIN | ||||
3 | Details of the issuer | |||||
a) | Name | En+ Group PLC | ||||
b) | LEI | 213800LUFXVT8CKW5113 | ||||
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 | GDRs OF EN+ GROUP PLC | ||||
b) | Nature of the transaction | THE CONVERSION OF GDRs OF EN+ GROUP PLC TO ORDINARY SHARES OF EN+ GROUP PLC | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | 5,000,000 SHARES IN EN+ GROUP PLC | ||||
e) | Date of the transaction | 2018-02-27; GREENWICH MEAN TIME ZONE | ||||
f) | Place of the transaction | OUTSIDE A TRADING VENUE | ||||
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For media:
| For investors: |
Andrey Petrushinin Ignatiy Pavlov Tel: +7 495 642 79 37 Email: press-center@enplus.ru | Daria Fadeeva
Tel: +7 (495) 642 7937 Email: ir@enplus.ru
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About En+ Group plc
En+ Group is a leading international vertically integrated aluminium and hydro power producer. The Company combines power plants with a total installed capacity of 19.7 GW (including 15.1 GW of hydro power assets), and 3.9 mt of annual aluminium production capacity (through a controlling stake in UC RUSAL plc, the world's largest aluminium producer outside of China in 2016) which is the major consumer of En+ Group's hydroelectricity.
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Copies of this announcement are not being made and may not be distributed or sent, directly or indirectly, into the United States (including its territories and possessions, any State of the United States and the District of Columbia), Canada, Australia, Japan, the Russian Federation or any other jurisdiction in which offers or sales would be prohibited by applicable law.
This announcement is not and does not form part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. En+ Group does not intend to register any portion of the offering of any securities referred to herein in the United States or to conduct a public offering of the securities in the United States.
This communication does not constitute an offer of any securities to the public in the United Kingdom. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom, (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended from time to time (the "Order"), (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order and (iv) persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities of the Company or any member of its group may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "Relevant Persons"). Any investment activity to which this communication relates will only be available to and will only be engaged in with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.
This communication is distributed in any member state of the European Economic Area ("EEA") which applies Directive 2003/71/EC (this Directive together with any amendments thereto including Directive 2010/73/EU to the extent implemented in such member state of the EEA and any implementing measures in any member state, the "Prospectus Directive") only to those persons who are qualified investors for the purposes of the Prospectus Directive ("Qualified Investors") in such member state, and such other persons as this document may be addressed on legal grounds, and no person that is not a relevant person or Qualified Investor may act or rely on this document or any of its contents.
This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Group's business, results of operations, financial position, liquidity, prospects, growth or strategies. Forward-looking statements speak only as of the date they are made.