POLY.L Regulatory News (POLY)

1.

Name of the issuer

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

POLYMETAL INTERNATIONAL PLC

(i) A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2R.

3.

Name of person discharging managerial responsibilities/director

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

MARINA GRÖNBERG

TRANSFEREE, HENRIC GRÖNBERG, IS A SPOUSE OF MARINA GRÖNBERG

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

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

TRANSFEROR MARINA GRÖNBERG; TRANSFEREE HENRIC GRÖNBERG

ORDINARY SHARES WITH NO PAR VALUE

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

8

State the nature of the transaction

MARINA GRÖNBERG (BEFORE THE TRANSFER);

HENRIC GRÖNBERG (AFTER THE TRANSFER)

SPOUSE TRANSFER OF SHARES FOR NIL CONSIDERATION

9.

Number of shares, debentures or financial instruments relating to shares acquired

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

11,000 ORDINARY SHARES WITH NO PAR VALUE ACQUIRED BY HENRIC GRÖNBERG

0.003%

11.

Number of shares, debentures or financial instruments relating to shares disposed

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

11,000 ORDINARY SHARES WITH NO PAR VALUE DISPOSED OF BY MARINA GRÖNBERG

0.003%

13.

Price per share or value of transaction

14.

Date and place of transaction

NIL

16 JUNE 2016, Zurich, Switzerland

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

16.

Date issuer informed of transaction

MARINA GRÖNBERG: NO SHARES (0.0%);

HENRIC GRÖNBERG: 11,000 ORDINARY SHARES WITH NO PAR VALUE (0.003%)

17 JUNE 2016

17

Date of grant

18.

Period during which or date on which exercisable

N/A

N/A

19.

Total amount paid (if any) for grant of the option

20.

Description of shares or debentures involved (class and number)

N/A

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

N/A

N/A

23.

Any additional information

24.

Name of contact and telephone number for queries

N/A

TANIA TCHEDAEVA , +44 203 751 2241

Name of authorised official of issuer responsible for making notification

TANIA TCHEDAEVA, COMPANY SECRETARY

Date of notification 20 JUNE 2016