26 Jun 2017 10:08
26 June 2017
Admission to trading and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
St. Petersburg, Russia; 26 June 2017 - Lenta Ltd (LSE: LNTA / LNTR, MOEX: LNTA); ("Lenta" or the "Company"), is pleased to announce that, in connection with its employee management incentive plan ("MIP") and long term incentive plan ("LTIP"), its application to the Financial Conduct Authority ("FCA"), in its capacity as competent authority, for up to 491,085 additional global depositary receipts (the "New GDRs") to be admitted to the standard listing segment of the Official List and its application to the London Stock Exchange to admit the New GDRs to trading on the main market, have been approved. Five New GDRs represent an interest in one ordinary share of Lenta with no nominal value.
332,365 New GDRs, so admitted, have been delivered to existing employees of Lenta and its subsidiaries (the "Lenta Group") (including two employees who also serve as directors of Lenta Ltd) to satisfy outstanding awards under the MIP and up to a further 158,720 New GDRs, so admitted, will be delivered to existing employees of the Lenta Group from time to time as their awards under the LTIP require settlement.
Further details on the interests and changes to those interests of Lenta's directors and persons discharging managerial responsibilities which are required to be disclosed under the FCA's Disclosure and Transparency Rules are provided in the table below:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||||||||
| a) | Name | 1. Jan Dunning 2. Jago Lemmens 3. Herman Tinga 4. Edward Doeffinger 5. Joern Arnhold 6. Sergey Prokofiev 7. Maxim Shchegolev 8. Tatiana Yurkevich | ||||||||||||||||||
| 2 | Reason for the notification | |||||||||||||||||||
| a) | Position/status (corresponding to theabove list) | 1. CEO and a member of the Board of Directors 2. CFO and a member of the Board of Directors 3. Commercial Director (CCO) 4. Chief Operational Officer (COO) 5. Supply Chain Director 6. Legal Director 7. Integration and Format Development Director 8. HR Director | ||||||||||||||||||
| b) | Initial notification /Amendment | Initial notification | ||||||||||||||||||
| 3 | Details of the issuer | |||||||||||||||||||
| a) | Name | Lenta Ltd. | ||||||||||||||||||
| b) | LEI | N/A | ||||||||||||||||||
| 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 | Global depository receipts relating to ordinary shares in the issuer
ISIN: US52634T2006 | |||||||||||||||||||
b) | Nature of the transaction | Receipt of global depository receipts vested under the issuer's management incentive plan | |||||||||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
- Aggregated volume
- Price |
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e) | Date of the transaction | 2017-06-22 in all cases | |||||||||||||||||||
f) | Place of the transaction | Outside a trading venue in all cases | |||||||||||||||||||
For further information, please visit www.lentainvestor.com, or contact:
Mr. Albert AvetikovDirector for Investor Relations112 Savushkina StreetSaint PetersburgRussia 197374
Telephone: +7 812 363 28 44