PJSC LukOil Director/PDMR Shareholding (2291C)

TIDMLKOD

RNS Number : 2291C

PJSC LukOil

11 April 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 1,471,941 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 54.35           1,471,941 
----  -------------------------------  ------------------  ------------------ 
 d)    Aggregated information 
---- 
       Price                            USD 54.35 
---- 
       Volume                           1,471,941 
       Total                            USD 79,999,993.35 
----  -------------------------------  -------------------------------------- 
 e)    Date of the transaction          2017-04-07 
----  -------------------------------  -------------------------------------- 
 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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April 11, 2017 09:44 ET (13:44 GMT)