PJSC LukOil Director/PDMR Shareholding (8490F)

TIDMLKOD

RNS Number : 8490F

PJSC LukOil

22 May 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 term 
                                         loan secured as collateral 
                                         by 656,000 of PJSC LUKOIL 
                                         ADR repurchased pursuant to 
                                         the termination of repurchase 
                                         agreement dated 17/02/2017 
                                         (the number of ADR could be 
                                         adjusted from time to time 
                                         in line with the actual market 
                                         price of ADR) 
----  -------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)            Volume(s) 
                                       ------------------  ----------------- 
                                        USD 51.64           656,000 
                                       ------------------  ----------------- 
 d)    Aggregated information 
---- 
       Price                            USD 51.64 
---- 
       Volume                           656,000 
       Total                            USD 33,875,840.00 
----  -------------------------------  ------------------------------------- 
 e)    Date of the transaction          2017-05-17 
----  -------------------------------  ------------------------------------- 
 f)    Place of the transaction         Outside a trading venue 
----  -------------------------------  ------------------------------------- 
 4.2 
----  ---------------------------------------------------------------------- 
 a)    Description of the               PJSC LUKOIL ordinary shares 
        financial instrument, 
        type of instrument 
---- 
       Identification code              RU0009024277 
----  -------------------------------  ------------------------------------- 
 b)    Nature of the transaction        Raise financing under term 
                                         loan secured as collateral 
                                         by 983,886 of PJSC LUKOIL 
                                         ordinary shares repurchased 
                                         pursuant to the termination 
                                         of repurchase agreement dated 
                                         17/02/2017 (the number of 
                                         ordinary shares could be adjusted 
                                         from time to time in line 
                                         with the actual market price 
                                         of shares) 
----  -------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)            Volume(s) 
                                       ------------------  ----------------- 
                                        USD 51.21           983,886 
                                       ------------------  ----------------- 
 d)    Aggregated information 
---- 
       Price                            USD 51.21 
---- 
       Volume                           983,886 
       Total                            USD 50,384,802.06 
----  -------------------------------  ------------------------------------- 
 e)    Date of the transaction          2017-05-17 
----  -------------------------------  ------------------------------------- 
 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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May 22, 2017 08:06 ET (12:06 GMT)