Director/PDMR Shareholding

RNS Number : 9828S
Evraz Plc
29 December 2016
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

EVRAZ plc reports that on 29 December 2016 Mr Nikolay Ivanov, a person discharging managerial responsibility in EVRAZ plc, was included into the EVRAZ plc Long Term Incentive Plan under which he was granted awards and will be eligible to receive of up to 366 973 EVRAZ plc Ordinary Shares in the period of 2017-2020.

The exercise price per share under the awards is £1.67 (weighted average) and awards are exercisable between 2017 and 2020, subject to applicable performance conditions having been satisfied.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Nikolay Ivanov

2

Reason for the notification

 

a)

Position/status

 

CFO

b)

Initial notification/ Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

EVRAZ plc

b)

LEI

 

5493005B7DAN39RXLK23

4

Details of the transaction(s):

 

a)

Description of the financial instrument, type of instrument

 

 

 

Identification code

 

Option over ordinary shares each in the capital of the Company

 

 

 

 

 

 

GB00B71N6K86

b)

Nature of the transaction

 

Grant of Options over ordinary shares in accordance with the Company's Long Term Incentive Plan exercisable between 2017 and 2020

c)

Price(s) and volume(s)

 

 

 


Date/time

 

Exercise Price(s)

Maximum Volume(

Amount(s)

(a)

2017-2020

£1.67

366 973

612 844.91

(b)





(c)





Total

366 973

612 844.91

 

 

 

 

 

 

d)

Aggregated information

 

-        Aggregated volume

 

-      Price

 

e)

Date/time of the transactions*

 

f)

Place of the transaction

 

Moscow, Outside of Trading Venue or Exchange

 

EVRAZ Investor Relations

+7 495 232 1370

 

29 December 2016


This information is provided by RNS
The company news service from the London Stock Exchange
 
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