Director/PDMR Shareholding

By

Regulatory News | 22 Aug, 2019

Updated : 16:16

RNS Number : 9806J
KAZ Minerals PLC
22 August 2019
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Oleg Novachuk

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)

Name

 

KAZ Minerals PLC

b)

LEI

 

2138001H9E453FQRFY56

 

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 of 20 pence each ('Shares')

 

 

GB00B0HZPV38

b)

Nature of the transaction

Exercise of nil-cost options awarded on 4 March 2016 which vested in 2019 under the KAZ Minerals PLC Long Term Incentive Plan 2007 and acquisition of Shares.

 

Details regarding the Long Term Incentive Plan (including performance conditions) are set out in the Company's Annual Report and Accounts.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

 

786,042

 

 

d)

Aggregated information

 

- Aggregated volume

- Price

 

Single transaction

e)

Date of the transaction

 

22 August 2019

f)

Place of the transaction

 

Outside a trading venue

 



 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Andrew Southam

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)

Name

 

KAZ Minerals PLC

b)

LEI

 

2138001H9E453FQRFY56

 

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 of 20 pence each ('Shares')

 

 

GB00B0HZPV38

b)

Nature of the transaction

(i)   Exercise of nil-cost options awarded on 4 March 2016 which vested in 2019 under the KAZ Minerals PLC Long Term Incentive Plan 2007 and acquisition of Shares.

(ii)   Subsequent sale of Shares to cover tax, national insurance liability and dealing costs.

 

Details regarding the Long Term Incentive Plan (including performance conditions) are set out in the Company's Annual Report and Accounts.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

(i)         Nil

(ii)         £3.9773

 

313,743

147,608

 

 

d)

Aggregated information

 

- Aggregated volume

- Price

 

Single transactions

e)

Date of the transaction

 

22 August 2019

f)

Place of the transaction

 

London Stock Exchange (XLON)



Susanna Freeman

Company Secretary

+44 (0)20 7901 7800

22 August 2019

 


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