11 May 2017 10:25
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
EVRAZ plc (or "the Company") reports that on 10 May 2017 Mr Nikolay Ivanov, a person discharging managerial responsibility in EVRAZ plc, under the Company's Long Term Incentive Plan for 2016, was granted award of 73,394 EVRAZ plc Ordinary Shares. The exercise price per share under the award is £1.9815. The market value of the award on the vesting date was 145,430 GBP.
The Company was advised on the same date of the following changes to the interests of the current Persons Discharging Managerial Responsibility ("PDMR") in the Company's ordinary shares of USD 1.00 each ("Shares"):
Name of PDMR | Shares awarded (number) | Percentage of Shares awarded expressed as a percentage of issued share capital (excluding treasury shares) | Total holding following notification | Percentage of total holding expressed as a percentage of issued share capital (excluding treasury shares) |
Nikolay Ivanov | 73,394 | 0.005% | 73,394 | 0.005% |
The notification of this transaction is intended to satisfy the Company's obligations under the Disclosure and Transparency Rules 3.1.2 to 3.1.4.
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
| Vesting of ordinary shares under granted option over ordinary shares in accordance with the Company's Long Term Incentive Plan | |||||||||||||||||||||||||
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
11 May 2017
Evraz (EVR)