REG - Antofagasta PLC - NOTIFICATION OF TRANSACTIONS
RNS Number : 1835UAntofagasta PLC31 March 2021NEWS RELEASE, 31 MARCH 2021
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 2021, 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
39,442
16,905
M. Ortiz
CFO
12,211
5,235
A. Luksic
Vice President, Development
12,211
5,235
A. Rabagliati
Vice President, Human Resources
12,211
5,235
F. Walther
Vice President, Projects
12,211
5,235
G. Sanchez
Vice President, Sales
10,619
4,551
H. Menares
Vice President, Operations
13,652
5,853
P. Enei
Vice President, Legal
12,211
5,235
R. Aguilar
Vice President, Corporate Affairs and Sustainability
13,652
5,853
A. Hevia
Vice President, Strategy and Innovation
10,619
4,551
C. Espinoza
General Manager, Minera Centinela
12,211
5,235
L. Gonzalez
General Manager, Minera Antucoya
8,193
3,510
JC. Castillo
General Manager, Minera Zaldívar
8,193
3,510
M. Larrain
General Manager, Minera Los Pelambres
12,211
5,235
K. Jenny
General Manager, FCAB
10,619
4,551
Total number of Shares to which awards relate
200,466
85,929
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 (2021-2023), 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 2022, one third in March 2023 and the final third in March 2024.
The above transaction took place outside of a trading venue.
2. The Company announces that, on 27 March 2021, 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
250,650
M. Ortiz
CFO
4,246
70,753
A. Luksic
Vice President, Development
4,246
70,753
A. Rabagliati
Vice President, Human Resources
4,246
70,753
F. Walther
Vice President, Projects
4,246
70,753
G. Sanchez
Vice President, Sales
3,609
60,138
H. Menares
Vice President, Operations
5,459
90,965
P. Enei
Vice President, Legal
4,246
70,753
R. Aguilar
Vice President, Corporate Affairs and Sustainability
5,459
90,965
A. Hevia
Vice President, Strategy and Innovation
4,883
81,367
C. Espinoza
General Manager, Minera Centinela
4,246
70,753
L. Gonzalez
General Manager, Minera Antucoya
3,275
54,572
JC. Castillo
General Manager, Minera Zaldívar
3,023
50,373
M. Larrain
General Manager, Minera Los Pelambres
4,883
81,367
K. Jenny
General Manager, FCAB
3,275
54,572
Total number of Shares to which awards relate that vested and cash received
74,384
1,239,485
The market value of the Shares on the date the awards vested was £16.6633
The above transaction took place outside of a trading venue.
3. The Company announces that, on 29 March 2021, 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
183,312
M. Ortiz
CFO
2,547
42,161
A. Luksic
Vice President, Development
2,440
40,390
A. Rabagliati
Vice President, Human Resources
2,871
47,525
F. Walther
Vice President, Projects
2,871
47,525
G. Sanchez
Vice President, Sales
2,440
40,390
H. Menares
Vice President, Operations
3,691
61,098
P. Enei
Vice President, Legal
2,871
47,525
R. Aguilar
Vice President, Corporate Affairs and Sustainability
3,302
54,659
A. Hevia
Vice President, Strategy and Innovation
3,302
54,659
C. Espinoza
General Manager, Minera Centinela
2,044
33,835
L. Gonzalez
General Manager, Minera Antucoya
2,215
36,666
JC. Castillo
General Manager, Minera Zaldívar
2,044
33,835
M. Larrain
General Manager, Minera Los Pelambres
3,302
54,659
K. Jenny
General Manager, FCAB
1,550
25,658
Total number of Shares to which awards relate that vested and cash received
48,564
803,896
The market value of the Shares on the date the awards vested was £16.5533
The above transaction took place outside of a trading venue.
4. The Company announces that, on 28 March 2021, restricted awards granted under the LTIP on 28 March 2018 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
15,628
260,420
M. Ortiz
CFO
2,009
33,482
A. Luksic
Vice President, Development
2,214
36,893
A. Rabagliati
Vice President, Human Resources
2,605
43,402
F. Walther
Vice President, Projects
2,605
43,402
G. Sanchez
Vice President, Sales
2,214
36,893
H. Menares
Vice President, Operations
3,349
55,806
P. Enei
Vice President, Legal
2,605
43,402
R. Aguilar
Vice President, Corporate Affairs and Sustainability
2,605
43,402
A. Hevia
Vice President, Strategy and Innovation
2,605
43,402
C. Espinoza
General Manager, Minera Centinela
1,240
20,668
L. Gonzalez
General Manager, Minera Antucoya
2,009
33,482
JC. Castillo
General Manager, Minera Zaldívar
1,240
20,668
M. Larrain
General Manager, Minera Los Pelambres
2,605
43,402
K. Jenny
General Manager, FCAB
1,240
20,668
Total number of Shares to which awards relate that vested and cash received
46,773
779,394
The market value of the Shares on the date the awards vested was £16.6633
The above transaction took place outside of a trading venue.
5. The Company announces that, on 28 March 2021, performance awards granted under the LTIP on 28 March 2018 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
109,397
1,801,044
M. Ortiz
CFO
14,065
231,557
A. Luksic
Vice President, Development
15,498
255,149
A. Rabagliati
Vice President, Human Resources
18,233
300,177
F. Walther
Vice President, Projects
18,233
300,177
G. Sanchez
Vice President, Sales
15,498
255,149
H. Menares
Vice President, Operations
23,442
385,934
P. Enei
Vice President, Legal
18,233
300,177
R. Aguilar
Vice President, Corporate Affairs and Sustainability
18,233
300,177
A. Hevia
Vice President, Strategy and Innovation
18,233
300,177
C. Espinoza
General Manager, Minera Centinela
3,721
61,260
L. Gonzalez
General Manager, Minera Antucoya
14,065
231,557
JC. Castillo
General Manager, Minera Zaldívar
3,721
61,260
M. Larrain
General Manager, Minera Los Pelambres
18,233
300,177
K. Jenny
General Manager, FCAB
3,721
61,260
Total number of Shares to which awards relate that vested and cash received
312,526
5,145,232
The overall performance score in connection with these awards was 98.8%. The market value of the Shares on the date the awards vested was £16.6633
The above transaction took place outside of a trading venue.
Investors - London
Media - London
Andrew Lindsay
Carole Cable
Telephone
+44 20 7808 0988
Telephone
+44 20 7404 5959
Andres Vergara
Telephone
+44 20 7808 0988
Media - Santiago
Pablo Orozco
Carolina Pica
Telephone
+56 2 2798 7000
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