Antofagasta PLC - Remuneration Information 2015

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RNS Number : 6061I

Antofagasta PLC

26 March 2015

NEWS RELEASE, 26 MARCH, 2015

Long Term Incentive Plan awards to Persons Discharging Managerial Responsibility

Disclosures notified in accordance with DTR 3.1.2R

Antofagasta plc (the "Company") announces that, on 25 March 2015, awards calculated by reference to the value of ordinary shares in the Company ("Shares") were granted under the Antofagasta Long Term Incentive Plan (the "LTIP") to Persons Discharging Managerial Responsibility ("PDMR") of the Company as set out below:


Name	Position	N° Shares to which awards relate
Performance Awards	Restricted Awards
I. Arriagada	CEO, Antofagasta Minerals	35,645	35,645
H. Menares	Vice President, Operations	26,140	26,140
R. Muhr	Vice President, Mining Resources	19,011	19,011
F. Veloso	Vice President, Corporate Affairs and Sustainability	16,635	16,635
G. Sánchez	Vice President, Sales	16,635	16,635
A. M. Rabagliati	Vice President, Human Resources	16,635	16,635
A. Atucha	Vice President, Finance and Administration, CFO	21,387	21,387
I. Aránguiz	Vice President, Projects	14,259	14,259
P. Enei	Vice President, Legal	14,259	14,259
R. Mayne Nicholls	General Manager, Minera Los Pelambres	14,259	14,259
R. Jorquera	General Manager, Minera Antucoya	11,882	11,882
P. Troncoso	General Manager, Minera Michilla	11,882	11,882
A. Sougarret	General Manager, Minera Centinela	16,635	16,635

These are awards granted under the LTIP which the Antofagasta group (the "Group") has established to reward senior executives in a way that aligns their interests with the interests of shareholders and with the Group's long-term strategic plan. Directors of the Company are not eligible to participate in the LTIP.

Awards granted under the LTIP are conditional rights to receive a cash payment by reference to the number of Shares relating to the relevant award which vest under the LTIP. The cash payment is determined by reference to the market value of the Shares at vesting. No Shares are issued to participants in the LTIP. No consideration was paid for the grant of any awards.

Performance awards are subject both to certain performance conditions, which are measured over a three year period (2015-2017), and to continued employment. Performance awards will normally vest only after the end of the three year performance period and only to the extent that those performance conditions are met.

Restricted awards are subject to continued employment and normally one third will vest in March 2016, one third in March 2017 and the final third in March 2018.

Investors - London Media (Brunswick)

Andrew Lindsay [email protected] Carole Cable [email protected]

Paresh Bhanderi [email protected] Robin Wrench [email protected]

Telephone +44 20 7808 0988 Telephone +44 20 7404 5959

Investors - Santiago

Alfredo Atucha [email protected]

Telephone +56 2 2798 7000

This information is provided by RNS

The company news service from the London Stock Exchange

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