Evraz Plc Director/PDMR Shareholding (8592E)

TIDMEVR

RNS Number : 8592E

Evraz Plc

11 May 2017

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 10 May 2017 Mr Nikolay Ivanov, a person discharging managerial responsibility in EVRAZ plc, under the Company's Long Term Incentive Plan for 2016, was granted award of 73,394 EVRAZ plc Ordinary Shares. The exercise price per share under the award is GBP1.9815. The market value of the award on the vesting date was 145,430 GBP.

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 1.00 each ("Shares"):

 
 Name of PDMR       Shares     Percentage of         Total holding   Percentage 
                    awarded     Shares awarded        following       of total 
                    (number)    expressed as          notification    holding expressed 
                                a percentage                          as a percentage 
                                of issued share                       of issued 
                                capital (excluding                    share capital 
                                treasury shares)                      (excluding 
                                                                      treasury 
                                                                      shares) 
----------------  ----------  --------------------  --------------  ------------------- 
 Nikolay Ivanov       73,394         0.005%                 73,394         0.005% 
----------------  ----------  --------------------  --------------  ------------------- 
 

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/      Initial notification 
       Amendment 
---  -------------------------  ------------------------------------------------------- 
 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                Option over ordinary shares each in the capital 
       of the financial           of the Company 
       instrument, 
       type of instrument 
 
 
 
       Identification 
       code                       GB00B71N6K86 
---  -------------------------  ------------------------------------------------------- 
 b)   Nature of                  Vesting of ordinary shares under granted option 
       the transaction            over ordinary shares in accordance with the Company's 
                                  Long Term Incentive Plan 
---  -------------------------  ------------------------------------------------------- 
 c)   Price(s) 
       and volume(s) 
---  -------------------------  ------------------------------------------------------- 
 d)   Aggregated 
       information 
 
        *    Aggregated volume 
 
 
 
        *    Price 
---  ------------------------- 
 e)   Date/time                          Date/time     Exercise     Volume   Amount 
       of the transactions*                              Price 
                                  -----  ------------  -----------  -------  -------- 
                                   (a)    2017-05-10    GBP1.9815    73,394   145,430 
                                  -----  ------------  -----------  -------  -------- 
                                   (b) 
                                  -----  ------------  -----------  -------  -------- 
                                   (c) 
                                  -----  ------------  -----------  -------  -------- 
                                                             Total   73,394   145,430 
                                  --------------------------------  -------  -------- 
---  -------------------------  ------------------------------------------------------- 
 f)   Place of                   Moscow, Outside of Trading Venue or Exchange 
       the transaction 
---  -------------------------  ------------------------------------------------------- 
 

EVRAZ Investor Relations

[phone]

11 May 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 11, 2017 05:25 ET (09:25 GMT)