LSE: MOEX: GOLD: $

Director/PDMR Shareholding

22 March 2019

An amendment has been made to the Director/PDMR Shareholding announcement released at 15:10 p.m. on 21 March 2019. The previous version of the announcement incorrectly stated the “Total shareholding of employee following vesting of share award” for Roman Shestakov, Valery Tsyplakov and Maxim Nazimok.


All other details remain unchanged, and the full amended text is set out below.

Polymetal International plc 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 2016, 2017 and 2018, have vested and were transferred to the Group CEO and Persons Discharging Managerial Responsibilities (“PDMRs”) on 20 March 2019 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

8,274

659

8,933

3,251,994

Vitaly Savchenko

PDMR

4,918

382

5,300

48,436

Sergey Trushin

PDMR

6,321

487

6,808

37,982

Roman Shestakov

PDMR

7,421

605

8,026

42,086

Pavel Danilin

PDMR

7,955

654

8,609

59,466

Igor Kapshuk

PDMR

6,415

518

6,933

32,890

Valery Tsyplakov

PDMR

8,051

670

8,721

235,665

Maxim Nazimok

PDMR

7,777

625

8,402

33,852

In addition, further to the bonus approval for the year ended 31 December 2018, 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 2020, 2021 and 2022). 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 2016, 2017 and 2018 DSA (net of issued shares)

Share grant under 2019 DSA

Total number of deferred shares under the DSA

Vitaly Nesis

Director

9,478

12,369  

21,847

Vitaly Savchenko

PDMR

5,974

7,917

13,891

Sergey Trushin

PDMR

7,731

9,380

17,111

Roman Shestakov

PDMR

8,062

10,504

18,566

Pavel Danilin

PDMR

8,449

9,262  

17,711

Igor Kapshuk

PDMR

7,082

7,639  

14,721

Valery Tsyplakov

PDMR

8,301

9,396

17,697

Maxim Nazimok

PDMR

8,744

9,886

18,630

No consideration is payable for the making or vesting of the awards by the beneficiaries.

A total of 137,719 shares were allotted to the Group CEO, PDMRs and other employees of the Group. The new shares are expected to be admitted to trading on or around 22 March 2019. Following the allotment of shares, the total issued share capital of the Company will comprise 469,506,028 shares.

This notification is made in accordance with Article 19 of the Market Abuse Regulation.

Back to press releases

Polymetal International plc (LSE, MOEX: POLY, AIX: POLY, ADR: AUCOY) (together with its subsidiaries — “Polymetal”, the “Company”, or the “Group”) is a top-20 global gold producer and top-5 global silver producer with assets in Russia and Kazakhstan. The Company combines strong growth with a robust dividend yield.
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.
Download release PDF (425 KB)
Investor Relations Contacts

Tel. +44.20.7016.9506

Eugenia Onuschenko

Tel. +7.812.313.5964

Michael Vasiliev

ir@polymetalinternational.com Media Contacts

Tel. +44.20.3727.1000

Leonid Fink
Viktor Pomichal