Polymetal International plc (POLY) Polymetal International plc: Director/PDMR Shareholding 22-March-2019 / 18:43 MSK Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
| Release time | IMMEDIATE LSE, MOEX: POLY / ADR: AUCOY | | Date | 22 March 2019 |
An amendment has been made to the Director/PDMR Shareholding announcement released at 15:10 p.m. on 21 March 2019. The previous version of the announcement incorrectly stated the "Total shareholding of employee following vesting of share award" for Roman Shestakov, Valery Tsyplakov and Maxim Nazimok. All other details remain unchanged, and the full amended text is set out below. Polymetal International plc Director/PDMR Shareholding Polymetal International plc discloses the following information regarding certain of its share plans. In accordance with the Deferred Share Awards plan ("DSA"), the award of shares under the DSA, which were granted in March 2016, 2017 and 2018, have vested and were transferred to the Group CEO and Persons Discharging Managerial Responsibilities ("PDMRs") on 20 March 2019 as presented in the table below: | Name | Position | Number of shares vested | Additional share awards for dividend equivalents | Total amount of shares allotted | Total shareholding of employee following vesting of share award | | Vitaly Nesis | Director | 8,274 | 659 | 8,933 | 3,251,994 | | Vitaly Savchenko | PDMR | 4,918 | 382 | 5,300 | 48,436 | | Sergey Trushin | PDMR | 6,321 | 487 | 6,808 | 37,982 | | Roman Shestakov | PDMR | 7,421 | 605 | 8,026 | 42,086 | | Pavel Danilin | PDMR | 7,955 | 654 | 8,609 | 59,466 | | Igor Kapshuk | PDMR | 6,415 | 518 | 6,933 | 32,890 | | Valery Tsyplakov | PDMR | 8,051 | 670 | 8,721 | 235,665 | | Maxim Nazimok | PDMR | 7,777 | 625 | 8,402 | 33,852 |
In addition, further to the bonus approval for the year ended 31 December 2018, the Group CEO and PDMRs have received a deferred bonus award in shares under the terms of the DSA. The total award of shares is detailed in the schedule below. Share awards will vest annually to employees over the next three years in equal instalments (in March 2020, 2021 and 2022). Under the terms of the DSA, dividend equivalents will be received on vested shares reflecting the value of the dividends which have been paid during the period from the grant date to the vesting date. Dividend equivalents will also be paid as shares to employees. Details of the DSA are disclosed in Polymetal's Annual Report and Accounts available on the Company's website at www.polymetalinternational.com | Name | Position | Outstanding shares under 2016, 2017 and 2018 DSA (net of issued shares) | Deferred share grant under 2019 DSA | Total number of deferred shares under the DSA | | Vitaly Nesis | Director | 9,478 | 12,369 | 21,847 | | Vitaly Savchenko | PDMR | 5,974 | 7,917 | 13,891 | | Sergey Trushin | PDMR | 7,731 | 9,380 | 17,111 | | Roman Shestakov | PDMR | 8,062 | 10,504 | 18,566 | | Pavel Danilin | PDMR | 8,449 | 9,262 | 17,711 | | Igor Kapshuk | PDMR | 7,082 | 7,639 | 14,721 | | Valery Tsyplakov | PDMR | 8,301 | 9,396 | 17,697 | | Maxim Nazimok | PDMR | 8,744 | 9,886 | 18,630 |
No consideration is payable for the making or vesting of the awards by the beneficiaries. A total of 137,719 shares were allotted to the Group CEO, PDMRs and other employees of the Group. The new shares are expected to be admitted to trading on or around 22 March 2019. Following the allotment of shares, the total issued share capital of the Company will comprise 469,506,028 shares. This notification is made in accordance with Article 19 of the Market Abuse Regulation. About Polymetal Polymetal International plc (LSE, MOEX: POLY, ADR: AUCOY) (together with its subsidiaries - "Polymetal", the "Company", or the "Group") is a top-20 global gold producer and top-5 global silver producer with assets in Russia and Kazakhstan. The Company combines strong growth with a robust dividend yield. Enquiries | Media | | Investor Relations | | FTI Consulting Leonid Fink Viktor Pomichal | +44 20 3727 1000 | Polymetal Eugenia Onuschenko Timofey Kulakov Michael Vasiliev | ir@polymetalinternational.com +44 20 7016 9505 (UK) +7 812 334 3666 (Russia) | | Joint Corporate Brokers | | | Morgan Stanley Andrew Foster Richard Brown Panmure Gordon Charles Lesser James Stearns | +44 20 7425 8000 +44 20 7886 2500 | RBC Europe Limited Tristan Lovegrove Marcus Jackson | +44 20 7653 4000 |
FORWARD-LOOKING STATEMENTS THIS RELEASE MAY INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, "FORWARD-LOOKING STATEMENTS". THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE OF THIS RELEASE. THESE FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE WORDS "TARGETS", "BELIEVES", "EXPECTS", "AIMS", "INTENDS", "WILL", "MAY", "ANTICIPATES", "WOULD", "COULD" OR "SHOULD" OR SIMILAR EXPRESSIONS OR, IN EACH CASE THEIR NEGATIVE OR OTHER VARIATIONS OR BY DISCUSSION OF STRATEGIES, PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS. THESE FORWARD-LOOKING STATEMENTS ALL INCLUDE MATTERS THAT ARE NOT HISTORICAL FACTS. BY THEIR NATURE, SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER IMPORTANT FACTORS BEYOND THE COMPANY'S CONTROL THAT COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS REGARDING THE COMPANY'S PRESENT AND FUTURE BUSINESS STRATEGIES AND THE ENVIRONMENT IN WHICH THE COMPANY WILL OPERATE IN THE FUTURE. FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE. THERE ARE MANY FACTORS THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. THE COMPANY EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO DISSEMINATE ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENTS CONTAINED HEREIN TO REFLECT ANY CHANGE IN THE COMPANY'S EXPECTATIONS WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED. Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them 21 March 2019 | 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Vitaly Nesis | | 2 | Reason for the notification | | a) | Position/status | Director | | b) | Initial notification /Amendment | Initial notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a) | Full name of the entity | Polymetal International plc | | b) | Legal Entity Identifier Code | 213800JKJ5HJWYS4GR61 | | 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 | Ordinary sharesJE00B6T5S470 | | b) | Nature of the transaction | Allotment/grant under DSA (LTIP) | | c) | Price(s) and volume(s) | n/a | | d) | Aggregated information | | Description of Financial Transaction | Aggregated Price | Aggregated Volume | Total Aggregated Price | | Ordinary shares | 0.00 | 8,933 | 0.00 | | Deferred shares | 0.00 | 12,369 | 0.00 |
| | e) | Date of the transaction | 20 March 2019 | | f) | Place of the transaction | London Stock Exchange |
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them 21 March 2019 | 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Vitaly Savchenko | | 2 | Reason for the notification | | a) | Position/status | PDMR | | b) | Initial notification /Amendment | Initial notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a) | Full name of the entity | Polymetal International plc | | b) | Legal Entity Identifier Code | 213800JKJ5HJWYS4GR61 | | 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 | Ordinary sharesJE00B6T5S470 | | b) | Nature of the transaction | Allotment/grant under DSA (LTIP) | | c) | Price(s) and volume(s) | n/a | | d) | Aggregated information | | Description of Financial Transaction | Aggregated Price | Aggregated Volume | Total Aggregated Price | | Ordinary shares | 0.00 | 5,300 | 0.00 | | Deferred shares | 0.00 | 7,917 | 0.00 |
| | e) | Date of the transaction | 20 March 2019 | | f) | Place of the transaction | London Stock Exchange |
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them 21 March 2019 | 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Sergey Trushin | | 2 | Reason for the notification | | a) | Position/status | PDMR | | b) | Initial notification /Amendment | Initial notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a) | Full name of the entity | Polymetal International plc | | b) | Legal Entity Identifier Code | 213800JKJ5HJWYS4GR61 | | 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 | Ordinary sharesJE00B6T5S470 | | b) | Nature of the transaction | Allotment/grant under DSA (LTIP) | | c) | Price(s) and volume(s) | n/a | | d) | Aggregated information | | Description of Financial Transaction | Aggregated Price | Aggregated Volume | Total Aggregated Price | | Ordinary shares | 0.00 | 6,808 | 0.00 | | Deferred shares | 0.00 | 9,380 | 0.00 |
| | e) | Date of the transaction | 20 March 2019 | | f) | Place of the transaction | London Stock Exchange |
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them 21 March 2019 | 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Roman Shestakov | | 2 | Reason for the notification | | a) | Position/status | PDMR | | b) | Initial notification /Amendment | Initial notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a) | Full name of the entity | Polymetal International plc | | b) | Legal Entity Identifier Code | 213800JKJ5HJWYS4GR61 | | 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 | Ordinary sharesJE00B6T5S470 | | b) | Nature of the transaction | Allotment/grant under DSA (LTIP) | | c) | Price(s) and volume(s) | n/a | | d) | Aggregated information | | Description of Financial Transaction | Aggregated Price | Aggregated Volume | Total Aggregated Price | | Ordinary shares | 0.00 | 8,026 | 0.00 | | Deferred shares | 0.00 | 10,504 | 0.00 |
| | e) | Date of the transaction | 20 March 2019 | | f) | Place of the transaction | London Stock Exchange |
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them 21 March 2019 | 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Pavel Danilin | | 2 | Reason for the notification | | a) | Position/status | PDMR | | b) | Initial notification /Amendment | Initial notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a) | Full name of the entity | Polymetal International plc | | b) | Legal Entity Identifier Code | 213800JKJ5HJWYS4GR61 | | 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 | Ordinary sharesJE00B6T5S470 | | b) | Nature of the transaction | Allotment/grant under DSA (LTIP) | | c) | Price(s) and volume(s) | n/a | | d) | Aggregated information | | Description of Financial Transaction | Aggregated Price | Aggregated Volume | Total Aggregated Price | | Ordinary shares | 0.00 | 8,609 | 0.00 | | Deferred shares | 0.00 | 9,262 | 0.00 |
| | e) | Date of the transaction | 20 March 2019 | | f) | Place of the transaction | London Stock Exchange |
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them 21 March 2019 | 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Igor Kapshuk | | 2 | Reason for the notification | | a) | Position/status | PDMR | | b) | Initial notification /Amendment | Initial notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a) | Full name of the entity | Polymetal International plc | | b) | Legal Entity Identifier Code | 213800JKJ5HJWYS4GR61 | | 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 | Ordinary sharesJE00B6T5S470 | | b) | Nature of the transaction | Allotment/grant under DSA (LTIP) | | c) | Price(s) and volume(s) | n/a | | d) | Aggregated information | | Description of Financial Transaction | Aggregated Price | Aggregated Volume | Total Aggregated Price | | Ordinary shares | 0.00 | 6,933 | 0.00 | | Deferred shares | 0.00 | 7,639 | 0.00 |
| | e) | Date of the transaction | 20 March 2019 | | f) | Place of the transaction | London Stock Exchange |
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them 21 March 2019 | 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Valery Tsyplakov | | 2 | Reason for the notification | | a) | Position/status | PDMR | | b) | Initial notification /Amendment | Initial notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a) | Full name of the entity | Polymetal International plc | | b) | Legal Entity Identifier Code | 213800JKJ5HJWYS4GR61 | | 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 | Ordinary sharesJE00B6T5S470 | | b) | Nature of the transaction | Allotment/grant under DSA (LTIP) | | c) | Price(s) and volume(s) | n/a | | d) | Aggregated information | | Description of Financial Transaction | Aggregated Price | Aggregated Volume | Total Aggregated Price | | Ordinary shares | 0.00 | 8,721 | 0.00 | | Deferred shares | 0.00 | 9,396 | 0.00 |
| | e) | Date of the transaction | 20 March 2019 | | f) | Place of the transaction | London Stock Exchange |
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them 21 March 2019 | 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Maxim Nazimok | | 2 | Reason for the notification | | a) | Position/status | PDMR | | b) | Initial notification /Amendment | Initial notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a) | Full name of the entity | Polymetal International plc | | b) | Legal Entity Identifier Code | 213800JKJ5HJWYS4GR61 | | 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 | Ordinary sharesJE00B6T5S470 | | b) | Nature of the transaction | Allotment/grant under DSA (LTIP) | | c) | Price(s) and volume(s) | n/a | | d) | Aggregated information | | Description of Financial Transaction | Aggregated Price | Aggregated Volume | Total Aggregated Price | | Ordinary shares | 0.00 | 8,402 | 0.00 | | Deferred shares | 0.00 | 9,886 | 0.00 |
| | e) | Date of the transaction | 20 March 2019 | | f) | Place of the transaction | London Stock Exchange |
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