Last checked at 23 Apr 2015 15:32
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete all relevant boxes in block capital letters.
1. Name of the issuer
FERREXPO PLC
2. State whether the notification relates to
(i) a transaction notified in accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
This Notification relates to transactions notified in accordance with (i), DR 3.1.4R(1)(a).
3. Name of persons discharging managerial responsibilities/director
Directors
Mr Chris Mawe
Persons Discharging Managerial Responsibility
Mr Nikolay Goroshko
Mr Jason Keys
Mr Nikolay Kladiev
Mr Viktor Lotous
Mr Jim North
Mr Greg Nortje
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/directors named in 3 and identify the connected person
Notification only relates to persons named in 3.
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification only relates to persons named in 3.
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary shares of 10 pence each in Ferrexpo plc ("Ordinary Shares").
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Wealth Nominees Limited
8 State the nature of the transaction
Acquisition of an interest pursuant to awards approved by the remuneration committee of the Company under the Ferrexpo Long Term Incentive Plan ("LTIP").
9. Number of shares, debentures or financial instruments relating to shares acquired
Mr Chris Mawe 135,000 Ordinary Shares
Mr Nikolay Goroshko 15,000 Ordinary Shares
Mr Jason Keys 110,000 Ordinary Shares
Mr Nikolay Kladiev 15,000 Ordinary Shares
Mr Viktor Lotous 50,000 Ordinary Shares
Mr Jim North 50,000 Ordinary Shares
Mr Greg Nortje 40,000 Ordinary Shares
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
Mr Chris Mawe 0.0221%
Mr Nikolay Goroshko 0.0025%
Mr Jason Keys 0.0187%
Mr Nikolay Kladiev 0.0025%
Mr Viktor Lotous 0.0085%
Mr Jim North 0.0085%
Mr Greg Nortje 0.0068%
11. Number of shares, debentures or financial instruments relating to shares disposed of
N/A
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
LTIP awards are made at nil cost
14. Date and place of transaction
21 April 2015, Baar, Switzerland
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
| Beneficially held shares | Percentage of issued share capital | Conditional share awards | Percentage of issued share capital |
Chris Mawe | 236,737 | 0.0402% | 515,000 | 0.0875% |
Nikolay Goroshko | 89,006 | 0.0151% | 60,000 | 0.0102% |
Jason Keys | 98,255 | 0.0167% | 330,000 | 0.0561% |
Nikolay Kladiev | 62,743 | 0.0107% | 60,000 | 0.0102% |
Viktor Lotous | 133,757 | 0.0227% | 210,000 | 0.0357% |
Jim North | 0 | - | 50,000 | 0.0085% |
Greg Nortje | 0 | - | 75,000 | 0.0127% |
16. Date issuer informed of transaction
21 April 2015
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
The terms of LTIP were approved by shareholders at the annual general meeting of the Company on 15th May 2008. Details of the LTIP can be found in the Ferrexpo plc 2014 Annual Report.
24. Name of contact and telephone number for queries
Mr David Leonard - +44 (0)20 7389 8300
Name and signature of duly authorised officer of issuer responsible for making notification
Mr David Leonard - Company Secretary, Ferrexpo plc.
Date of notification
23 April 2015
END