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26 Sep 2017 15:15

RNS Number : 8768R
Evraz Plc
26 September 2017
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

EVRAZ plc reports that on 25 September 2017 Mr. Nikolay Ivanov, a person discharging managerial responsibility in EVRAZ plc, was included into the EVRAZ plc Long Term Incentive Plan 2017 under which he was granted awards and will be eligible to receive of up to 267,559 EVRAZ plc Ordinary Shares in the period of 2018-2021.

The exercise price per share under the awards is £2.3 (weighted average) and awards are exercisable between 2018 and 2021, subject to applicable performance conditions having been satisfied.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Nikolay Ivanov

2

Reason for the notification

 

a)

Position/status

 

CFO

b)

Initial notification/ Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

EVRAZ plc

b)

LEI

 

5493005B7DAN39RXLK23

4

Details of the transaction(s):

 

a)

Description of the financial instrument, type of instrument

 

 

 

Identification code

 

Option over ordinary shares each in the capital of the Company

 

 

 

 

 

 

GB00B71N6K86

b)

Nature of the transaction

 

Grant of Options over ordinary shares in accordance with the Company's Long Term Incentive Plan 2017 exercisable between 2018 and 2021

c)

Price(s) and volume(s)

 

 

 

 

Date/time

 

Exercise Price

Maximum Volume

Amount

(a)

2018-2021

£2.3

267,559

£615,385.7

(b)

 

 

 

 

(c)

 

 

 

 

Total

267,559

£615,385.7

 

 

 

 

 

 

d)

Aggregated information

 

-Aggregated volume

 

-Price

 

e)

Date/time of the transactions*

 

f)

Place of the transaction

 

Moscow, Outside of Trading Venue or Exchange

 

 EVRAZ Investor Relations

+7 495 232 1370

 

26 September 2017

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHZQLFLDKFFBBF
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