Remuneration Information • May 14, 2019
Remuneration Information
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National Storage Mechanism | Additional information
RNS Number : 0319Z
Evraz Plc
14 May 2019
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
EVRAZ plc (or "the Company") reports that on 13 May 2019 Mr Nikolay Ivanov, a person discharging managerial responsibility in EVRAZ plc, under the Company's Long Term Incentive Plan, was granted award of 186,824 EVRAZ plc Ordinary Shares. The exercise price per share under the award is £5.6950. The market value of the award on the vesting date was £1,063,962.68.
The Company was advised on the same date of the following changes to the interests of the current Persons Discharging Managerial Responsibility ("PDMR") in the Company's ordinary shares of USD 0.05 each ("Shares"):
| Name of PDMR | Shares awarded (number) | Percentage of Shares awarded expressed as a percentage of issued share capital (excluding treasury shares) | Total holding following notification | Percentage of total holding expressed as a percentage of issued share capital (excluding treasury shares) |
| Nikolay Ivanov | 186,824 | 0.013% | 235,653 | 0.016% |
The notification of this transaction is intended to satisfy the Company's obligations under the Disclosure and Transparency Rules 3.1.2 to 3.1.4.
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
Vesting of ordinary shares under granted option over ordinary shares in accordance with the Company's Long Term Incentive Plan
c)
Price(s) and volume(s)
| Date/time | Exercise Price, GBP | Volume | Amount, GBP |
|
| (a) | 2019-05-13 | 5.6950 | 186,824 | 1,063,962.68 |
| (b) | ||||
| (c) | ||||
| Total | 186,824 | 1,063,962.68 |
d)
Aggregated information
-Aggregated volume
-Price
e)
Date/time of the transactions
f)
Place of the transaction
Outside of Trading Venue or Exchange
EVRAZ Investor Relations
+7 495 232 1370
14 May 2019
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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