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.
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.
Tel. +44.20.7887.1475
Evgeny MonakhovTel. +7.7172.476.655
Kirill Kuznetsov