REG - Polymetal Int PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">POLYP.L</Origin>

Polymetal International PKAnnouncement

15/07/2015 15:34

RNS Number : 8851L
Polymetal International PLC
30 April 2015
Release time
IMMEDIATE
Date
30 April 2015
Polymetal International plc
Director/PDMR Shareholding
Polymetal International plc (LSE, MOEX: POLY, ADR: AUCOY) (together with its subsidiaries - "Polymetal", the "Company", or the "Group") discloses the following information regarding grant of options under its Performance Share Plan.
Under the current Performance Share Plan ("PSP"), a conditional award over ordinary shares with no par value as per schedule below was made to the Group CEO and the following and Persons Discharging Managerial Responsibilities ("PDMRs")of the Company:
Name
Position
Number of awards granted in 2015 
Total number of options outstanding under the PSP
Vitaly Nesis
Director
66,166
140,331
Vitaly Savchenko
PDMR
23,752
48,474
Sergey Cherkashin
PDMR
22,055
46,777
Pavel Danilin
PDMR
20,403
20,403
Sergey Trushin
PDMR 
18,706
37,247
Roman Shestakov
PDMR
16,966
33,447
Igor Kapshuk
PDMR
13,617
28,038
Valery Tsyplakov
PDMR
21,988
46,710
No consideration is payable for the making or vesting of the awards by the beneficiaries. No PSP awards vested or were exercised up to date.
Details of the PSP are more fully described in the Polymetal Annual Report and Accounts for the period ending 31 December 2014available on the Company's website atwww.polymetalinternational.com.Options are exercisable following a four-year vesting period, subject to performance measures determined by Polymetal. For this award, vesting is based on relative Total Shareholder Return ("TSR"), measured against the constituents of the FTSE Gold Mines Index, and also on the Company's absolute TSR. Peers are ranked and the Company's position determines vesting (0% vests for below median performance; 20% vests at median performance; 100% vests at top decile performance and above). No award will vest if absolute TSR is negative, regardless of relative performance. 
Notification is made under Disclosure Rule 3.1.4. 
Enquiries
Media
Investor Relations
Instinctif Partners
Leonid Fink
Tony Friend
+44 20 7457 2020
Polymetal
Maxim Nazimok
Evgenia Onuschenko
Elena Revenko
ir@polymetalinternational.com
+7 812 313 5964 (Russia)
+44 20 7016 9503 (UK)
Joint Corporate Brokers
Morgan Stanley
Bill Hutchings
Sam McLennan
+44 20 7425 8000
RBC Europe Limited
Tristan Lovegrove
Jonny Hardy
+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.

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