PJSC LukOil Director/PDMR Shareholding (5202X)

TIDMLKOD

RNS Number : 5202X

PJSC LukOil

22 February 2017

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 
----  ----------------------------------------------------------------------- 
 b)    Legal person                     Reserve Invest (Cyprus) Limited, 
                                         a financial institution regulated 
                                         by Cyprus Securities and Exchange 
                                         Commission license CIF 028/04 
----  -------------------------------  -------------------------------------- 
  2    Reason for the notification 
----  ----------------------------------------------------------------------- 
 a)    Position/status                  Notification concerns PCA 
                                         with the PDMRs: 
                                         Member of the Board of Directors, 
                                         President of PJSC LUKOIL Vagit 
                                         Alekperov, 
                                         Member of the Board of Directors, 
                                         Vice President of PJSC LUKOIL 
                                         Leonid Fedun 
----  -------------------------------  -------------------------------------- 
 b)    Initial notification/Amendment   Initial notification 
----  -------------------------------  -------------------------------------- 
  3    Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  ----------------------------------------------------------------------- 
 a)    Name                             PJSC LUKOIL 
----  -------------------------------  -------------------------------------- 
 b)    LEI                              n/a 
----  -------------------------------  -------------------------------------- 
  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 
----  ----------------------------------------------------------------------- 
 4.1 
----  ----------------------------------------------------------------------- 
 a)    Description of the               PJSC LUKOIL ADR 
        financial instrument, 
        type of instrument 
---- 
       Identification code              US69343P1057 
----  -------------------------------  -------------------------------------- 
 b)    Nature of the transaction        Raise financing under ISMA 
                                         Global Master Repurchase Agreement 
                                         secured by 584,879 PJSC LUKOIL 
                                         ADR (the number of ADR could 
                                         be adjusted from time to time 
                                         in line with the actual market 
                                         price of PJSC LUKOIL ADRs) 
----  -------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)            Volume(s) 
----  -------------------------------  ------------------  ------------------ 
                                        USD 56.08           584,879 
----  -------------------------------  ------------------  ------------------ 
 d)    Aggregated information 
---- 
       Price                            USD 56.08 
---- 
       Volume                           584,879 
       Total                            USD 32,800,014.32 
----  -------------------------------  -------------------------------------- 
 e)    Date of the transaction          2017-02-17 
----  -------------------------------  -------------------------------------- 
 f)    Place of the transaction         Outside a trading venue 
----  -------------------------------  -------------------------------------- 
 
 4.2 
----  ----------------------------------------------------------------------- 
 a)    Description of the               PJSC LUKOIL ADR 
        financial instrument, 
        type of instrument 
---- 
       Identification code              US69343P1057 
----  -------------------------------  -------------------------------------- 
 b)    Nature of the transaction        Raise financing under ISMA 
                                         Global Master Repurchase Agreement 
                                         secured by 877,482 PJSC LUKOIL 
                                         ADR (the number of ADR could 
                                         be adjusted from time to time 
                                         in line with the actual market 
                                         price of PJSC LUKOIL ordinary 
                                         shares) 
----  -------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)            Volume(s) 
----  -------------------------------  ------------------  ------------------ 
                                        USD 56.07           877,482 
----  -------------------------------  ------------------  ------------------ 
 d)    Aggregated information 
---- 
       Price                            USD 56.07 
---- 
       Volume                           877,482 
       Total                            USD 49,199,977.00 
----  -------------------------------  -------------------------------------- 
 e)    Date of the transaction          2017-02-17 
----  -------------------------------  -------------------------------------- 
 f)    Place of the transaction         Outside a trading venue 
----  -------------------------------  -------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 22, 2017 02:03 ET (07:03 GMT)