Petropavlovsk PLC Director/PDMR Shareholding (8926S)

TIDMPOG

RNS Number : 8926S

Petropavlovsk PLC

28 December 2016

Petropavlovsk PLC

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibility

The below notification is made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1                Details of the person discharging managerial 
                   responsibilities/person closely associated 
---------------  ----------------------------------------------------------------- 
 a)               Name                             Dmitrii Chekashkin 
---------------  -------------------------------  -------------------------------- 
 
   2                Reason for the notification 
---------------  ----------------------------------------------------------------- 
                  Position/status                  PDMR/Chief Operating Officer 
   a) 
---------------  -------------------------------  -------------------------------- 
                  Initial notification/Amendment   Initial notification 
   b) 
---------------  -------------------------------  -------------------------------- 
 
                    Details of the issuer, emission allowance market 
             3      participant, auction platform, auctioneer or 
                    auction monitor 
---------------  ----------------------------------------------------------------- 
                  Name                             Petropavlovsk PLC 
             a) 
---------------  -------------------------------  -------------------------------- 
                  LEI                              213800ZZOU5P76L8XB92 
   b) 
---------------  -------------------------------  -------------------------------- 
 
                  Details of the transaction(s): section to be 
   4               repeated for (i) each type of instrument; (ii) 
                   each type of transaction; (iii) each date; 
                   and (iv) each place where transactions have 
                   been consducted 
---------------  ----------------------------------------------------------------- 
 a)               Description of                   Ordinary shares of 1 pence 
                   the financial 
                   instrument, type                 ISIN: GB0031544546 
                   of instrument, 
                   identification 
                   code 
---------------  -------------------------------  -------------------------------- 
 b)               Nature of the                    Disposal of shares to partially 
                   transaction                      fund house purchase 
---------------  -------------------------------  -------------------------------- 
 c)               Price and volume                   Price(s) Volume(s) 
                                                     6.7 pence 750,000 
---------------  -------------------------------  -------------------------------- 
 d)                    Aggregated information 
 
                         *    Aggregated volume     750,000 
                                                     6.7 pence 
 
                         *    Price 
---------------  -------------------------------  -------------------------------- 
 e)               Date of the transaction          2016-12-23 
---------------  -------------------------------  -------------------------------- 
 f)               Place of the transaction         London Stock Exchange, Main 
                                                    Market (XLON) 
---------------  -------------------------------  -------------------------------- 
 

Following this transaction, Mr Chekashkin has a beneficial interest in 3,700,000 Petropavlovsk PLC ordinary shares representing 0.11% of the total voting rights of the Company.

About Petropavlovsk PLC

Petropavlovsk is one of Russia's leading gold mining companies. We operate some of the largest gold mines in Russia in terms of their gold production output, processing capacity and resource base. Furthermore, our assets have untapped exploration potential. We are a leading employer and contributor to the development of the local economy in the Amur region, Russian Far East, where we have operated since 1994. As at 31 December 2015, we have produced approximately 6Moz of gold.

The Company is listed on the Main Market of the London Stock Exchange (Ticker POG:LN)

ENQUIRIES

 
 Petropavlovsk PLC 
                      [phone] 
 Alya Samokhvalova               8900 
 Alexandra Carse 
 
 
   Maitland 
 Neil Bennett         [phone] 
  James Isola                    5151 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFEFFIAFMSEDE

(END) Dow Jones Newswires

December 28, 2016 10:32 ET (15:32 GMT)