REG - PJSC Polyus - Notification of transactions by PDMR <Origin Href="QuoteRef">PLZL.MM</Origin>

Polyus PAOAnnouncement

28/07/2017 16:10

RNS Number : 4874M
PJSC Polyus
28 July 2017
 28 July 2017
PJSC Polyus
Notification and public disclosure of transactions by PDMR and persons closely associated with them
PJSC Polyus (LSE, MOEX - PLZL) ("Polyus" or the "Company"), the largest gold producer in Russia, announces that on 28 July 2017 it was notified that Polyus Gold International Limited ("PGIL") had pledged 66,780,561 ordinary shares of 1 Russian ruble each in the capital of the Company (the "Pledged Shares") to secure certain obligations of PGIL.PGIL retains its legal and beneficial interest in the Pledged Shares as well as full voting rights.Therefore, PGIL's ownership in the Company remains unchanged.
Polyus
Polyus (www.polyus.com) isthe largest gold producer inRussia and one ofthe top 10gold miners globally with the lowest cost position. Based on its 2016 Ore Reserves and Mineral Resources, Polyus ranks second by attributable gold reserves and third by attributable gold resources among the world's largest gold mining companies. 
Polyus group's principal operations are located inKrasnoyarsk, Irkutsk and Magadan regions and the Sakha Republic (Yakutia).
Enquiries:
Investor Contact
Victor Drozdov, Director Investor Relations 
+7 (495) 641 33 77 drozdovvi@polyus.com
Media contact
Victoria Vasilyeva, Director Public Relations
+7 (495) 641 33 77vasilevavs@polyus.com
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Polyus Gold International Limited
2
Reason for the notification
a)
Position/status
Person closely associated with Mr. Said Kerimov, a PDMR (member of the Board of Directors) of Public Joint Stock Company Polyus
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Public Joint Stock Company Polyus
b)
LEI
-
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares
ISIN RU000A0JNAA8
b)
Nature of the transaction
Pledge to secure certain obligations of Polyus Gold International Limited
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
66,780,561
d)
Aggregated information

- Price
- Volume
- Total 
N/A
66,780,561
N/A
e)
Date of the transaction
26 July 2017
f)
Place of the transaction
Outside a trading venue

This information is provided by RNS
The company news service from the London Stock Exchange
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