Director/PDMR Shareholding

22 March 2021

Polymetal 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 2018, 2019 and 2020, have vested and were transferred to the Group CEO and Persons Discharging Managerial Responsibilities (“PDMRs”) on 19 March 2021 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

9,953

1,015

10,968

3,338,736

Vitaly Savchenko

PDMR

6,489

659

7,148

75,738

Sergey Trushin

PDMR

8,184

821

9,005

74,005

Roman Shestakov

PDMR

8,722

882

9,604

62,590

Pavel Danilin

PDMR

8,155

827

8,982

97,800

Igor Kapshuk

PDMR

6,635

670

7,305

61,474

Valery Tsyplakov

PDMR

8,112

821

8,933

275,461

Maxim Nazimok

PDMR

8,753

896

9,649

59,331

In addition, further to the bonus approval for the year ended 31 December 2020, 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 2022, 2023 and 2024). 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 2019 and 2020 DSA (net of issued shares)

Deferred share grant under 2021 DSA

Total number of deferred shares under the DSA

Vitaly Nesis

Director

8,942

9,177

18,119

Vitaly Savchenko

PDMR

5,878

5,888

11,766

Sergey Trushin

PDMR

7,577

4,173

11,750

Roman Shestakov

PDMR

7,974

4,650

12,624

Pavel Danilin

PDMR

7,400

4,099

11,499

Igor Kapshuk

PDMR

6,067

3,279

9,346

Valery Tsyplakov

PDMR

7,409

4,063

11,472

Maxim Nazimok

PDMR

7,804

4,816

12,620

No consideration is payable for the making or vesting of the awards by the beneficiaries. A total of 152,248 shares were allotted to the Group CEO, PDMRs and other employees of the Group under DSA.

Also in accordance with the terms of the Company’s Performance Share Plan (“PSP”), 10,708 ordinary shares of the Company with no par value were issued to certain individuals, none of which are either directors or PDMRs. Further information on the PSP can be found in the Company’s Annual Report and Accounts available on the Company’s website at www.polymetalinternational.com 

The new shares are expected to be admitted to trading on or around 25 March 2021. Following the allotment of shares, the total issued share capital of the Company will comprise 471,980,956 shares. 

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

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Polymetal International plc (together with its subsidiaries — “Polymetal”, the “Company”, or the “Group”) is a top-10 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.
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Investor Relations Contacts

Tel. +44.20.7887.1475

Evgeny Monakhov

Tel. +7.812.313.5964

Kirill Kuznetsov
ir@polymetalinternational.com

Media Contacts

Tel. +44.20.3727.1000

Leonid Fink
Viktor Pomichal

While the selected annual report is being downloaded, we want to draw your attention to the Sustainability Report. It provides detailed information on ESG indicators.

While the selected files are being downloaded, we want to draw your attention to the reports on the sustainable development of the company. They provide detailed information on ESG indicators.

You can also download historical data on sustainable development.

2019