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REG - Wheaton Precious Met - Director/PDMR Shareholding

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RNS Number : 2589F  Wheaton Precious Metals Corp.  18 March 2022

 

 

 

18 March, 2022
 
                                          TSX: WPM

 
 
 
     NYSE: WPM

 
 
 
     LSE: WPM

 

 

DIRECTOR/PDMR SHAREHOLDING &

GRANT OF LONG-TERM COMPENSATION TO EMPLOYEES

 

Wheaton Precious Metals Corp. ("Wheaton") makes the following announcement
regarding its persons discharging managerial responsibilities.  The Company
has issued 45,675 common shares of no par value pursuant to the exercise by
eligible employees of vested long-term incentive plan grants (together, the
"Shares"). All of the Shares are quoted on the Toronto Stock Exchange and the
New York Stock Exchange and, in London, an application for admission of these
Shares to the Official List (Standard Segment) of the Financial Conduct
Authority and to trading on the Main Market of the London Stock Exchange will
be made as soon as possible with a further announcement to be made in due
course once the application is submitted.

Further to the announcement dated 17 March, in addition to the awards granted
to PDMRs, Wheaton has granted 47,380 restricted share units ("RSU") pursuant
to its Restricted Share Plan, 90,420 performance share units ("PSU") pursuant
to its Performance Share Unit Plan and 199,350 stock options to employees who
are not PDMRs. The RSUs have been granted with restricted periods that will
expire as to one-third on each of the 1st, 2nd and 3rd anniversary of the
grant date. The PSUs have been granted with a performance period from March
15, 2022 to March 14, 2025. The stock options have been granted with a
seven-year term and a vesting schedule of one-third on each of the 1st, 2nd,
and 3rd anniversary of the grant date.

The following notifications, which are being made in accordance with the
requirements of the Market Abuse Regulation, provide further detail of the
notifiable transactions.

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Gary Brown
 2   Reason for the notification
 a)  Position/status                                              PDMR - Chief Executive Officer
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Wheaton Precious Metals Corp.
 b)  LEI                                                          549300XSFG5ZCGVYD886
 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  Common shares with no par value.

     Identification code

                                                                  CA9628791027
 b)  Nature of the transaction                                    Issuance of common shares following the exercise of stock options
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  C$27.51   22,150

 
 d)  Aggregated information                                       N/A - Single transaction
 e)  Date of transaction                                          March 17, 2022
 f)  Place of transaction                                         Outside a trading venue
 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  Common shares with no par value.

     Identification code

                                                                  CA9628791027
 b)  Nature of the transaction                                    Sale of common shares following the exercise of stock options
 c)  Price(s) and volume(s)

Price(s)   Volume(s)
                                                                  C$61.2591  22,150

 
 d)  Aggregated information                                       N/A
 e)  Date of transaction                                          March 17, 2022
 f)  Place of transaction                                         Toronto Stock Exchange
 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  Common shares with no par value.

     Identification code

                                                                  CA9628791027
 b)  Nature of the transaction                                    Issuance of common shares following the exercise of stock options
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  C$26.24   23,525

 
 d)  Aggregated information                                       N/A
 e)  Date of transaction                                          March 17, 2022
 f)  Place of transaction                                         Outside a trading venue
 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  Common shares with no par value.

     Identification code

                                                                  CA9628791027
 b)  Nature of the transaction                                    Sale of common shares following the exercise of stock options
 c)  Price(s) and volume(s)

Price(s)   Volume(s)
                                                                  C$61.2591  23,525

 
 d)  Aggregated information                                       N/A
 e)  Date of transaction                                          March 17, 2022
 f)  Place of transaction                                         Toronto Stock Exchange

 

d)

Aggregated information

N/A - Single transaction

e)

Date of transaction

March 17, 2022

f)

Place of transaction

Outside a trading venue

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

Common shares with no par value.

 

 

 

CA9628791027

b)

Nature of the transaction

Sale of common shares following the exercise of stock options

c)

Price(s) and volume(s)

 

 Price(s)   Volume(s)
 C$61.2591  22,150

 

d)

Aggregated information

N/A

e)

Date of transaction

March 17, 2022

f)

Place of transaction

Toronto Stock Exchange

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

Common shares with no par value.

 

 

 

CA9628791027

b)

Nature of the transaction

Issuance of common shares following the exercise of stock options

c)

Price(s) and volume(s)

 

 Price(s)  Volume(s)
 C$26.24   23,525

 

d)

Aggregated information

N/A

e)

Date of transaction

March 17, 2022

f)

Place of transaction

Outside a trading venue

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

Common shares with no par value.

 

 

 

CA9628791027

b)

Nature of the transaction

Sale of common shares following the exercise of stock options

c)

Price(s) and volume(s)

 

 Price(s)   Volume(s)
 C$61.2591  23,525

 

d)

Aggregated information

N/A

e)

Date of transaction

March 17, 2022

f)

Place of transaction

Toronto Stock Exchange

 

For further information, please contact:

 

Patrick Drouin

Wheaton Precious Metals Corp.

Tel: 1-844-288-9878

Email: info@wheatonpm.com

Website: www.wheatonpm.com

 

UK PUBLIC RELATIONS

 

Tavistock                     +44 (0) 207 920 3150 / +44
778 597 4264

Jos Simson                   wheaton@tavistock.co.uk

Gareth Tredway

 

UK CORPORATE BROKERS

 

Berenberg                    +44 (0) 203 207 7800

Matthew Armitt

Jennifer Wyllie

Detlir Elezi

 

Peel Hunt                      +44 (0) 207 418 8900

Ross Allister

Alexander Allen

David McKeown

 

Wheaton Precious Metals Corp. LEI: 549300XSFG5ZCGVYD886

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