REG - Antofagasta PLC - Director/PDMR Shareholding
30/03/2022 09:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220330:nRSd5676Ga&default-theme=true
RNS Number : 5676G Antofagasta PLC 30 March 2022
NEWS RELEASE, 30 MARCH 2022
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES
This announcement is a notification made pursuant to Article 19 of the UK
version of the EU Market Abuse Regulation 596/2014, which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018.
1. Antofagasta plc (LEI: 213800MY6QVH4FVLD628) (the "Company")
announces that, on 29 March 2022, awards calculated by reference to the value
of ordinary shares of 5 pence each in the Company (ISIN: GB0000456144)
("Shares") were granted under the Antofagasta Long Term Incentive Plan (the
"LTIP") to the Persons Discharging Managerial Responsibility ("PDMR") set out
below:
Name of PDMR Position of PDMR N° of Shares to which awards relate
Performance Awards Restricted Awards
I. Arriagada CEO 52,686 22,578
M. Ortiz CFO 13,672 5,859
A. Luksic Vice President, Development 13,672 5,859
G. Barcelo Vice President, Human Resources 10,634 4,557
F. Walther Vice President, Projects 12,229 5,241
G. Sanchez Vice President, Sales 10,634 4,557
M. Larrain Vice President, Northern Operations 13,672 5,859
A. Vasquez Vice President, Los Pelambres Operations 13,672 5,859
P. Enei Vice President, Legal 12,229 5,241
R. Aguilar Vice President, Corporate Affairs and Sustainability 13,672 5,859
A. Muchnik Vice President, Strategy and Innovation 10,634 4,557
C. Espinoza General Manager, Minera Centinela 13,672 5,859
L. Gonzalez General Manager, Minera Antucoya 10,634 4,557
JC. Castillo General Manager, Minera Zaldívar 10,634 4,557
K. Jenny General Manager, FCAB 10,634 4,557
Total number of Shares to which awards relate 222,980 95,556
These are awards granted under the LTIP which the Antofagasta group (the
"Group") has established to reward senior executives in a way that aligns
their interests with the interests of shareholders and with the Group's
long-term strategic plan. Directors of the Company are not eligible to
participate in the LTIP.
Awards granted under the LTIP are conditional rights to receive a cash payment
by reference to the number of Shares relating to the relevant award which
vests under the LTIP. The cash payment is determined by reference to the
market value of the Shares at vesting. No Shares are issued to participants in
the LTIP. No consideration was paid for the grant of any awards.
Performance awards are subject both to certain performance conditions, which
are measured over a three year period (2022-2024), and to continued
employment. Performance awards will normally vest only after the end of the
three year performance period and only to the extent that those performance
conditions are met.
Restricted awards are subject to continued employment and normally one third
will vest in March 2023, one third in March 2024 and the final third in March
2025.
The above transaction took place outside of a trading venue.
2. The Company announces that, on 29 March 2022, restricted
awards granted under the LTIP on 29 March 2021 and calculated by reference to
the value of Shares vested to the PDMRs set out below:
Name of PDMR Position of PDMR N° of Shares to which awards relate that vested Amount of cash received
GBP
I. Arriagada CEO 5,635 96,415
M. Ortiz CFO 1,745 29,857
A. Luksic Vice President, Development 1,745 29,857
M. Larrain Vice President, Northern Operations 1,745 29,857
F. Walther Vice President, Projects 1,745 29,857
G. Sanchez Vice President, Sales 1,517 25,956
P. Enei Vice President, Legal 1,745 29,857
R. Aguilar Vice President, Corporate Affairs and Sustainability 1,951 33,382
A. Muchnik Vice President, Strategy and Innovation 939 16,066
C. Espinoza General Manager, Minera Centinela 1,745 29,857
L. Gonzalez General Manager, Minera Antucoya 1,170 20,019
JC. Castillo General Manager, Minera Zaldívar 1,170 20,019
K. Jenny General Manager, FCAB 1,517 25,956
Total number of Shares to which awards relate that vested and cash received 24,369 416,955
The market value of the Shares on the date the awards vested was £17.1100
The above transaction took place outside of a trading venue.
3. The Company announces that, on 27 March 2022, restricted
awards granted under the LTIP on 27 March 2020 and calculated by reference to
the value of Shares vested to the PDMRs set out below:
Name of PDMR Position of PDMR N° of Shares to which awards relate that vested Amount of cash received
GBP
I. Arriagada CEO 15,042 264,614
M. Ortiz CFO 4,246 74,694
A. Luksic Vice President, Development 4,246 74,694
M. Larrain Vice President, Northern Operations 4,883 85,900
F. Walther Vice President, Projects 4,246 74,694
G. Sanchez Vice President, Sales 3,609 63,488
P. Enei Vice President, Legal 4,246 74,694
R. Aguilar Vice President, Corporate Affairs and Sustainability 5,459 96,033
A. Muchnik Vice President, Strategy and Innovation 2,628 46,231
C. Espinoza General Manager, Minera Centinela 4,246 74,694
L. Gonzalez General Manager, Minera Antucoya 3,275 57,613
JC. Castillo General Manager, Minera Zaldívar 3,023 53,180
K. Jenny General Manager, FCAB 3,275 57,613
Total number of Shares to which awards relate that vested and cash received 62,424 1,098,142
The market value of the Shares on the date the awards vested was £17.5917
The above transaction took place outside of a trading venue.
4. The Company announces that, on 29 March 2022, restricted
awards granted under the LTIP on 29 March 2019 and calculated by reference to
the value of Shares vested to the PDMRs set out below:
Name of PDMR Position of PDMR N° of Shares to which awards relate that vested Amount of cash received
GBP
I. Arriagada CEO 11,074 189,476
M. Ortiz CFO 2,547 43,579
A. Luksic Vice President, Development 2,440 41,748
M. Larrain Vice President, Northern Operations 3,302 56,497
F. Walther Vice President, Projects 2,871 49,123
G. Sanchez Vice President, Sales 2,440 41,748
P. Enei Vice President, Legal 2,871 49,123
R. Aguilar Vice President, Corporate Affairs and Sustainability 3,302 56,497
A. Muchnik Vice President, Strategy and Innovation 1,777 30,404
C. Espinoza General Manager, Minera Centinela 2,044 34,973
L. Gonzalez General Manager, Minera Antucoya 2,215 37,899
JC. Castillo General Manager, Minera Zaldívar 2,044 34,973
K. Jenny General Manager, FCAB 1,550 26,521
Total number of Shares to which awards relate that vested and cash received 40,477 692,561
The market value of the Shares on the date the awards vested was £17.1100
The above transaction took place outside of a trading venue.
5. The Company announces that, on 29 March 2022, performance
awards granted under the LTIP on 29 March 2019 and calculated by reference to
the value of Shares vested to the PDMRs set out below:
Name of PDMR Position of PDMR N° of Shares to which awards relate that vested Amount of cash received
GBP
I. Arriagada CEO 77,516 1,313,036
M. Ortiz CFO 17,829 302,004
A. Luksic Vice President, Development 17,083 289,367
M. Larrain Vice President, Northern Operations 23,110 391,458
F. Walther Vice President, Projects 20,097 340,421
G. Sanchez Vice President, Sales 17,083 289,367
P. Enei Vice President, Legal 20,097 340,421
R. Aguilar Vice President, Corporate Affairs and Sustainability 23,110 391,458
A. Muchnik Vice President, Strategy and Innovation 5,333 90,335
C. Espinoza General Manager, Minera Centinela 6,131 103,852
L. Gonzalez General Manager, Minera Antucoya 15,503 262,604
JC. Castillo General Manager, Minera Zaldívar 6,131 103,852
K. Jenny General Manager, FCAB 10,853 183,838
Total number of Shares to which awards relate that vested and cash received 259,876 4,402,013
The overall performance score in connection with these awards was 99%. The
market value of the Shares on the date the awards vested was £17.1100
The above transaction took place outside of a trading venue.
Investors - London Media - London
Andrew Lindsay alindsay@antofagasta.co.uk (mailto:alindsay@antofagasta.co.uk) Carole Cable antofagasta@brunswickgroup.com (mailto:antofagasta@brunswickgroup.com)
Telephone +44 20 7808 0988 Telephone +44 20 7404 5959
Rosario Orchard rorchard@antofagasta.co.uk (mailto:rorchard@antofagasta.co.uk)
Telephone +44 20 7808 0988 Media - Santiago
Pablo Orozco porozco@aminerals.cl (mailto:porozco@aminerals.cl)
Carolina Pica cpica@aminerals.cl (mailto:cpica@aminerals.cl)
Telephone +56 2 2798 7000
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHUROBRUKUOORRRecent news on Antofagasta
See all newsREG - Antofagasta PLC - FINAL DIVIDEND PAYABLE
AnnouncementREG - Antofagasta PLC - Q1 2024 PRODUCTION REPORT
AnnouncementREG - Antofagasta PLC - NOTIFICATION OF TRANSACTIONS
AnnouncementREG - Antofagasta PLC - 2023 REPORTING SUITE, 2024 AGM & CORPORATE UPDATE
AnnouncementREG - Antofagasta PLC - CENTINELA SECOND CONCENTRATOR FINANCING
Announcement