Last checked at 29 Dec 2016 13:42
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
EVRAZ plc reports that on 29 December 2016 Mr Nikolay Ivanov, a person discharging managerial responsibility in EVRAZ plc, was included into the EVRAZ plc Long Term Incentive Plan under which he was granted awards and will be eligible to receive of up to 366 973 EVRAZ plc Ordinary Shares in the period of 2017-2020.
The exercise price per share under the awards is £1.67 (weighted average) and awards are exercisable between 2017 and 2020, 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
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a) | Name
| Nikolay Ivanov | |||||||||||||||||||||||||
2 | Reason for the notification
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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
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a) | Name
| EVRAZ plc | |||||||||||||||||||||||||
b) | LEI
| 5493005B7DAN39RXLK23 | |||||||||||||||||||||||||
4 | Details of the transaction(s):
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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 exercisable between 2017 and 2020 | |||||||||||||||||||||||||
c) | Price(s) and volume(s)
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d) | Aggregated information
- Aggregated volume
- Price
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e) | Date/time of the transactions*
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f) | Place of the transaction
| Moscow, Outside of Trading Venue or Exchange | |||||||||||||||||||||||||
EVRAZ Investor Relations
+7 495 232 1370
29 December 2016