Director/PDMR Shareholding

RNS Number : 8851L
Polymetal International PLC
30 April 2015
 



 

 

Release time

 

IMMEDIATE

Date

30 April 2015

 

 

Polymetal International plc

Director/PDMR Shareholding

 

Polymetal International plc (LSE, MOEX: POLY, ADR: AUCOY) (together with its subsidiaries - "Polymetal", the "Company", or the "Group") discloses the following information regarding grant of options under its Performance Share Plan.

Under the current Performance Share Plan ("PSP"), a conditional award over ordinary shares with no par value as per schedule below was made to the Group CEO and the following and Persons Discharging Managerial Responsibilities ("PDMRs") of the Company: 

Name

Position

Number of awards granted in 2015

Total number of options outstanding under the PSP

Vitaly Nesis

Director

66,166

140,331

Vitaly Savchenko

PDMR

23,752

48,474

Sergey Cherkashin

PDMR

22,055

46,777

Pavel Danilin

PDMR

20,403

20,403

Sergey Trushin

PDMR

18,706

37,247

Roman Shestakov

PDMR

16,966

33,447

Igor Kapshuk

PDMR

13,617

28,038

Valery Tsyplakov

PDMR

21,988

46,710

No consideration is payable for the making or vesting of the awards by the beneficiaries. No PSP awards vested or were exercised up to date.

Details of the PSP are more fully described in the Polymetal Annual Report and Accounts for the period ending 31 December 2014available on the Company's website at www.polymetalinternational.com. Options are exercisable following a four-year vesting period, subject to performance measures determined by Polymetal. For this award, vesting is based on relative Total Shareholder Return ("TSR"), measured against the constituents of the FTSE Gold Mines Index, and also on the Company's absolute TSR. Peers are ranked and the Company's position determines vesting (0% vests for below median performance; 20% vests at median performance; 100% vests at top decile performance and above). No award will vest if absolute TSR is negative, regardless of relative performance.

Notification is made under Disclosure Rule 3.1.4.

Enquiries

Media

 

Investor Relations

Instinctif Partners

Leonid Fink

Tony Friend

+44 20 7457 2020

Polymetal

Maxim Nazimok

Evgenia Onuschenko

Elena Revenko

ir@polymetalinternational.com

 

+7 812 313 5964 (Russia)

+44 20 7016 9503 (UK)

Joint Corporate Brokers

 

Morgan Stanley

Bill Hutchings

Sam McLennan

+44 20 7425 8000

RBC Europe Limited

Tristan Lovegrove
Jonny Hardy

+44 20 7653 4000

FORWARD-LOOKING STATEMENTS

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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