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Petropavlovsk Plc (POG)

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Friday 13 May, 2011

Petropavlovsk Plc

Notification of Transactions of Directors

RNS Number : 5994G
Petropavlovsk PLC
13 May 2011
 



13 May 2011

 

PETROPAVLOVSK PLC

NOTIFICATION OF TRANSACTIONS OF DIRECTORS

 

Petropavlovsk PLC (the Company) announces that on 12 May 2011 the following directors received a conditional performance share award (an Award) under the Petropavlovsk PLC Long-Term Incentive Plan (the Plan).

 

The Awards in respect of ordinary shares of £0.01 each in the share capital of the Company (the Shares) were made at nil consideration and, upon vesting the shares will be acquired for nil consideration.  The Awards were based on a share price of £8.485, being the average middle market closing price of such Shares on the dealing day immediately prior to the date the Awards were made.

 

Vesting of these Awards is subject to the satisfaction of performance conditions measured over a three-year performance period and continuing service for three years from the date of grant.

 

The notifications below are made in accordance with DTR 3.1.4(r)(1)(a).

 

Director

Number of Shares Awarded

 

Peter Hambro

                     147,083

Pavel Maslovskiy

                     147,083

Brian Egan

                       85,798

Andrey Maruta

                       76,605

Alfiya Samokhvalova

                       76,605

Martin Smith

                       76,605

 

 

ENQUIRIES

 

Petropavlovsk PLC

Alya Samokhvalova, Group Head of External Communications  

Rachel Tuft, Investor Relations Officer

Amanda Whalley, Company Secretary

 

 

 +44 (0) 20 7201 8900 

 

 

Merlin

David Simonson

Fiona Crosswell

 

 +44 (0) 20 7726 8400 



 


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