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

Polymetal International PKAnnouncement

31/03/2016 14:10

RNS Number : 7488T
Polymetal International PLC
31 March 2016
Release time
IMMEDIATE
Date
31 March 2016
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 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 2014 and 2015, have vested and were transferred to the Group CEO and Persons Discharging Managerial Responsibilities ("PDMRs") on 30 and 31 March 2016 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
17,420
1,268
18,688
3,129,133
Vitaly Savchenko
PDMR
8,419
587
9,006
14,747
Sergey Cherkashin
PDMR
7,844
543
8,387
176,695
Sergey Trushin
PDMR
5,782
418
6,200
9,513
Roman Shestakov
PDMR
6,309
444
6,753
9,795
Pavel Danilin
PDMR
6,519
460
6,979
31,979
Igor Kapshuk
PDMR
4,403
311
4,714
6,873
Valery Tsyplakov
PDMR
7,415
528
7,943
196,756
In addition, further to the bonus approval for the year ended 31 December 2015, 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 2017, 2018 and 2019). 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 2014 and 2015 DSA (net of issued shares)
Share grant under 2016 DSA
Total number of deferred shares under the DSA
Vitaly Nesis
Director
24,812
6,656
31,468
Vitaly Savchenko
PDMR
13,247
3,519
16,766
Sergey Cherkashin
PDMR
12,513
9,027
21,540
Sergey Trushin
PDMR
8,382
4,263
12,645
Roman Shestakov
PDMR
9,698
7,027
16,725
Pavel Danilin
PDMR
10,014
7,254
17,268
Igor Kapshuk
PDMR
6,733
4,991
11,724
Valery Tsyplakov
PDMR
11,171
7,778
18,949
No consideration is payable for the making or vesting of the awards by the beneficiaries. 
In total 101,537 shareswill be allotted to Group CEO, PDMRs and certain other employees of the Group. The new shares are expected to be admitted to trading on or around 1 April 2016. Following allotment of shares, the total issued capital of the Company is 424,751,675.
Notification is made under Disclosure Rule 3.1.4. 
Enquiries
Media
Investor Relations
FTI Consulting
Leonid Fink
Jenny Payne
+44 20 3727 1000
Polymetal
Maxim Nazimok
Evgenia Onuschenko
Maryana Nesis
ir@polymetalinternational.com
+7 812 313 5964 (Russia)
+44 20 7016 9503 (UK)
Joint Corporate Brokers
Morgan Stanley
Sam McLennan
Richard Brown
+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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