Polymetal has completed the divestment of its Russian business on 7 March 2024. Please see the relevant announcement at the link. Operating and financial results as well as other information on this website until 7 March 2024 represent the Group in its former organizational structure, i.e. including Russian business, unless otherwise stated.
16 March 2018
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 2015, 2016 and 2017, have vested and were transferred to the Group CEO and Persons Discharging Managerial Responsibilities (“PDMRs”) on 15 March 2018 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 |
12,247 |
1,113 |
13,360 |
3,214,069 |
|
Vitaly Savchenko |
PDMR |
7,515 |
705 |
8,220 |
33,472 |
|
Sergey Trushin |
PDMR |
6,089 |
459 |
6,548 |
23,926 |
|
Roman Shestakov |
PDMR |
7,824 |
612 |
8,436 |
27,617 |
|
Pavel Danilin |
PDMR |
8,538 |
644 |
9,182 |
50,857 |
|
Igor Kapshuk |
PDMR |
6,416 |
449 |
6,865 |
20,320 |
|
Valery Tsyplakov |
PDMR |
8,966 |
686 |
9,652 |
217,280 |
|
Maxim Nazimok |
PDMR |
7,720 |
581 |
8,301 |
17,397 |
In addition, further to the bonus approval for the year ended 31 December 2017, 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 2019, 2020 and 2021). 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 2015, 2016 and 2017 DSA (net of issued shares) |
Share grant under 2018 DSA |
Total number of deferred shares under the DSA |
|
Vitaly Nesis |
Director |
7,491 |
10,261 |
17,752 |
|
Vitaly Savchenko |
PDMR |
4,200 |
6,692 |
10,892 |
|
Sergey Trushin |
PDMR |
5,557 |
8,495 |
14,052 |
|
Roman Shestakov |
PDMR |
6,528 |
8,955 |
15,483 |
|
Pavel Danilin |
PDMR |
7,668 |
8,736 |
16,404 |
|
Igor Kapshuk |
PDMR |
6,508 |
6,989 |
13,497 |
|
Valery Tsyplakov |
PDMR |
7,826 |
8,526 |
16,352 |
|
Maxim Nazimok |
PDMR |
6,911 |
9,610 |
16,521 |
No consideration is payable for the making or vesting of the awards by the beneficiaries.
In total 148,561 shares will 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 19 March 2018. Following allotment of shares, the total issued capital of the Company is 430,264,041.
This notification is made in accordance with Article 19 of the Market Abuse Regulation.
Tel. +44.20.7887.1475
Evgeny MonakhovTel. +7.7172.476.655
Kirill Kuznetsov