Polymetal International plc

  • ISIN: JE00B6T5S470
  • Land: Jersey

Nachricht vom 23.04.2021 | 08:00

Polymetal: Vesting of the 2017 performance share plan awards

Polymetal International plc (POLY)
23-Apr-2021 / 09:00 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Release time

IMMEDIATE                                                         LSE, MOEX, AIX: POLY / ADR: AUCOY

Date

23 April 2021

 

 

Polymetal International plc

Vesting of the 2017 performance share plan awards

Polymetal announces that 2017 share awards under the Company's Performance Share Plan ("PSP"), part of the Company's Long-Term Incentive Plan, have vested.

During the four-year performance period ending 19 April 2021 for the PSP awards made in 2017, Polymetal achieved a positive absolute Total Shareholder Return ("TSR") of 105.0% and outperformed a median TSR of 25.4% of the FTSE Gold Mines Index constituents. As a result, Polymetal ranked 6th by TSR out of 45 index participants.

Accordingly, the 2017 performance share awards have vested with 103.0% of the total awards being granted, which includes 86.9% vesting percentage based on the TSR performance and additional share awards for the dividend equivalent paid during the 4-year performance period.

1,575,196 ordinary shares were issued and distributed to 259 participants of the PSP on 21 and 22 April 2021, representing 0.33% of the Company's increased share capital. The newly issued shares have a market value of US$34.7 million, based on the closing price as of 20 April 2021.

"2020 was an exceptional year with massive challenges requiring outstanding performance to stay on track. Polymetal is proud to reward 259 employees whose dedication and competence drove sector-leading shareholder returns", said Vitaly Nesis, Group CEO of Polymetal.

Performance Share Plan

Under the PSP, awards are released following a four-year performance period (with an additional mandatory holding period of one year following vesting), subject to certain performance measures being met. The vesting of awards is based on the Company's TSR measured against the TSR of the FTSE Gold Mines Index constituents, as well as the Company's absolute TSR over the same performance period. The vesting conditions were set as follows:

  • 0% vests for below median performance;
  • 20% vests at median performance;
  • 100% vests at top decile performance and above; and
  • Straight line vesting in between median and top decile.
  • No award vests if an absolute TSR is negative even if performance is above median.

No consideration is payable for the vesting of the awards by the beneficiaries. In certain cases of Good Leaver Circumstances, the award will usually vest as normal in accordance with the terms of the award. Alternatively, the Board may determine that the award will vest immediately. For more details on the PSP, please see Polymetal's 2020 Annual Report and Accounts available on the Company's website at www.polymetalinternational.com. Further to the 2017 award vesting, shares transferred to the Group CEO and Persons Discharging Managerial Responsibilities ("PDMRs") are presented in the table below:

 

Name

Position

Number of shares vested

Additional share awards for dividend equivalents

Shares granted under 2017 PSP award

Total shareholding of employee following vesting of 2017 award

Vitaly Nesis

Director

 41,059

 7,605

 48,664

 3,387,400

Vitaly Savchenko

PDMR

 14,739

 2,730

 17,469

 93,207

Sergey Trushin

PDMR

 11,608

 2,150

 13,758

 87,763

Roman Shestakov

PDMR

 11,609

 2,150

 13,759

 76,349

Pavel Danilin

PDMR

 13,687

 2,535

 16,222

 114,022

Igor Kapshuk

PDMR

 9,354

 1,733

 11,087

 72,561

Valery Tsyplakov

PDMR

 13,644

 2,527

 16,171

 291,632

Maxim Nazimok

PDMR

 13,515

 2,503

 16,018

 75,349

 

Further to the 2017 award vesting, outstanding awards under the PSP are:

 

Name

Position

Outstanding awards under 2017-2021 PSP

 2017 PSP awards release

Total number of outstanding awards under the PSP

Vitaly Nesis

Director

 219,225

 47,249

 171,976

Vitaly Savchenko

PDMR

 96,960

 16,961

 79,999

Sergey Trushin

PDMR

 77,456

 13,358

 64,098

Roman Shestakov

PDMR

 76,670

 13,359

 63,311

Pavel Danilin

PDMR

 79,096

 15,750

 63,346

Igor Kapshuk

PDMR

 61,449

 10,765

 50,684

Valery Tsyplakov

PDMR

 79,012

 15,701

 63,311

Maxim Nazimok

PDMR

 78,898

 15,552

 63,346

 

Applications have been submitted to the London Stock Exchange and UKLA on the official list and awarded shares are expected to be admitted to trading on the London Stock Exchange on 27 April 2021. The total issued share capital of the Company will comprise 473,556,152 ordinary shares of no par value, each carrying one vote.

About Polymetal

Polymetal International plc (together with its subsidiaries - "Polymetal", the "Company", or the "Group") is a top-10 global gold producer and top-5 global silver producer with assets in Russia and Kazakhstan. The Company combines strong growth with a robust dividend yield.

Enquiries

Media

 

Investor Relations

FTI Consulting

Leonid Fink

Viktor Pomichal

+44 20 3727 1000

Polymetal

Evgeny Monakhov

Timofey Kulakov

Kirill Kuznetsov

ir@polymetalinternational.com

+44 20 7887 1475 (UK)

 

+7 812 334 3666 (Russia)

Joint Corporate Brokers

 

Morgan Stanley & Co. International plc

Andrew Foster

Richard Brown


Panmure Gordon

Daniel Norman

John Prior

+44 20 7425 8000

 

 

 

 

+44 20 7886 2500

RBC Europe Limited

Marcus Jackson

Jamil Miah

+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.

 

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them
 

   23 April 2021

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Vitaly Nesis

2

 

Reason for the notification

 

a)

 

Position/status

 

Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Full name of the entity

 

Polymetal International plc

b)

 

Legal Entity Identifier Code

 

213800JKJ5HJWYS4GR61

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares

JE00B6T5S470

b)

 

Nature of the transaction

 

Vesting of conditional award under PSP (LTIP)

c)

 

Price(s) and volume(s)

 

 

n/a 

d)

 

Aggregated information

Description of Financial Transaction

Aggregated Price

Aggregated Volume

Total Aggregated Price

Shares granted under 2017 PSP award

0.00

48,664

0.00

2017 PSP awards release

0.00

47,249

0.00

 

e)

 

Date of the transaction

 

21 April 2021

f)

 

Place of the transaction

 

London Stock Exchange / Outside a trading venue

 

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them
 

   23 April 2021

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Vitaly Savchenko

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Full name of the entity

 

Polymetal International plc

b)

 

Legal Entity Identifier Code

 

213800JKJ5HJWYS4GR61

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares

JE00B6T5S470

b)

 

Nature of the transaction

 

Vesting of conditional award under PSP (LTIP)

c)

 

Price(s) and volume(s)

 

 

n/a 

d)

 

Aggregated information

Description of Financial Transaction

Aggregated Price

Aggregated Volume

Total Aggregated Price

Shares granted under 2017 PSP award

0.00

17,469

0.00

2017 PSP awards release

0.00

16,961

0.00

 

e)

 

Date of the transaction

 

21 April 2021

f)

 

Place of the transaction

 

London Stock Exchange / Outside a trading venue

 

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them
 

   23 April 2021

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Sergey Trushin

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Full name of the entity

 

Polymetal International plc

b)

 

Legal Entity Identifier Code

 

213800JKJ5HJWYS4GR61

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares

JE00B6T5S470

b)

 

Nature of the transaction

 

Vesting of conditional award under PSP (LTIP)

c)

 

Price(s) and volume(s)

 

 

n/a 

d)

 

Aggregated information

Description of Financial Transaction

Aggregated Price

Aggregated Volume

Total Aggregated Price

Shares granted under 2017 PSP award

0.00

13,758

0.00

2017 PSP awards release

0.00

13,358

0.00

 

e)

 

Date of the transaction

 

21 April 2021

f)

 

Place of the transaction

 

London Stock Exchange / Outside a trading venue

 

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them
 

   23 April 2021

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Roman Shestakov

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Full name of the entity

 

Polymetal International plc

b)

 

Legal Entity Identifier Code

 

213800JKJ5HJWYS4GR61

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares

JE00B6T5S470

b)

 

Nature of the transaction

 

Vesting of conditional award under PSP (LTIP)

c)

 

Price(s) and volume(s)

 

 

n/a 

d)

 

Aggregated information

Description of Financial Transaction

Aggregated Price

Aggregated Volume

Total Aggregated Price

Shares granted under 2017 PSP award

0.00

13,759

0.00

2017 PSP awards release

0.00

13,359

0.00

 

e)

 

Date of the transaction

 

21 April 2021

f)

 

Place of the transaction

 

London Stock Exchange / Outside a trading venue

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them
 

   23 April 2021

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Pavel Danilin

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Full name of the entity

 

Polymetal International plc

b)

 

Legal Entity Identifier Code

 

213800JKJ5HJWYS4GR61

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares

JE00B6T5S470

b)

 

Nature of the transaction

 

Vesting of conditional award under PSP (LTIP)

c)

 

Price(s) and volume(s)

 

 

n/a 

d)

 

Aggregated information

Description of Financial Transaction

Aggregated Price

Aggregated Volume

Total Aggregated Price

Shares granted under 2017 PSP award

0.00

16,222

0.00

2017 PSP awards release

0.00

15,750

0.00

 

e)

 

Date of the transaction

 

21 April 2021

f)

 

Place of the transaction

 

London Stock Exchange / Outside a trading venue

 

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them
 

   23 April 2021

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Igor Kapshuk

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

 

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Full name of the entity

 

Polymetal International plc

b)

 

Legal Entity Identifier Code

 

213800JKJ5HJWYS4GR61

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares

JE00B6T5S470

b)

 

Nature of the transaction

 

Vesting of conditional award under PSP (LTIP)

c)

 

Price(s) and volume(s)

 

 

n/a 

d)

 

Aggregated information

Description of Financial Transaction

Aggregated Price

Aggregated Volume

Total Aggregated Price

Shares granted under 2017 PSP award

0.00

11,087

0.00

2017 PSP awards release

0.00

10,765

0.00

 

e)

 

Date of the transaction

 

23 April 2021

f)

 

Place of the transaction

 

London Stock Exchange / Outside a trading venue

 

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them
 

   23 April 2021

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Valery Tsyplakov

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Full name of the entity

 

Polymetal International plc

b)

 

Legal Entity Identifier Code

 

213800JKJ5HJWYS4GR61

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares

JE00B6T5S470

b)

 

Nature of the transaction

 

Vesting of conditional award under PSP (LTIP)

c)

 

Price(s) and volume(s)

 

 

n/a 

d)

 

Aggregated information

Description of Financial Transaction

Aggregated Price

Aggregated Volume

Total Aggregated Price

Shares granted under 2017 PSP award

0.00

16,171

0.00

2017 PSP awards release

0.00

15,701

0.00

 

e)

 

Date of the transaction

 

21 April 2021

f)

 

Place of the transaction

 

London Stock Exchange / Outside a trading venue

 

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

and Persons Closely Associated with them
 

   23 April 2021

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Maxim Nazimok

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Full name of the entity

 

Polymetal International plc

b)

 

Legal Entity Identifier Code

 

213800JKJ5HJWYS4GR61

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary shares

JE00B6T5S470

b)

 

Nature of the transaction

 

Vesting of conditional award under PSP (LTIP)

c)

 

Price(s) and volume(s)

 

 

n/a 

d)

 

Aggregated information

Description of Financial Transaction

Aggregated Price

Aggregated Volume

Total Aggregated Price

Shares granted under 2017 PSP award

0.00

16,018

0.00

2017 PSP awards release

0.00

15,552

0.00

 

e)

 

Date of the transaction

 

21 April 2021

f)

 

Place of the transaction

 

London Stock Exchange / Outside a trading venue

 

 

 




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MIT SICHERHEIT AUFS PARKETT. UNSER BÖRSENGANG ZUR WACHSTUMSBESCHLEUNIGUNG

ISIN: DE000A3CM708
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Angebotene Aktien: bis zu 690.000 Aktien
Zeichnungsfrist: 11.10.2021 bis voraus. 25.10.2021
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