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Share Name Share Symbol Market Type Share ISIN Share Description
Antofagasta Plc LSE:ANTO London Ordinary Share GB0000456144 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -42.50 -2.28% 1,818.00 1,817.50 1,819.50 1,843.50 1,785.00 1,832.00 1,173,650 16:35:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 3,751.7 1,033.6 37.5 49.8 17,923

Antofagasta PLC NOTIFICATION OF TRANSACTIONS

31/03/2021 4:19pm

UK Regulatory (RNS & others)


Antofagasta (LSE:ANTO)
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From Mar 2021 to May 2021

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TIDMANTO

RNS Number : 1835U

Antofagasta PLC

31 March 2021

NEWS RELEASE, 31 MARCH 2021

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

This announcement is a notification made pursuant to Article 19 of the UK version of the EU Market Abuse Regulation 596/2014, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

1. Antofagasta plc (LEI: 213800MY6QVH4FVLD628) (the "Company") announces that, on 29 March 2021, awards calculated by reference to the value of ordinary shares of 5 pence each in the Company (ISIN: GB0000456144) ("Shares") were granted under the Antofagasta Long Term Incentive Plan (the "LTIP") to the Persons Discharging Managerial Responsibility ("PDMR") set out below:

 
  Name of PDMR               Position of PDMR               Ndeg of Shares to which 
                                                                 awards relate 
                                                           Performance    Restricted 
                                                              Awards        Awards 
                                                          -------------  ----------- 
 I. Arriagada     CEO                                         39,442        16,905 
                 ---------------------------------------  -------------  ----------- 
 M. Ortiz         CFO                                         12,211        5,235 
                 ---------------------------------------  -------------  ----------- 
 A. Luksic        Vice President, Development                 12,211        5,235 
                 ---------------------------------------  -------------  ----------- 
 A. Rabagliati    Vice President, Human Resources             12,211        5,235 
                 ---------------------------------------  -------------  ----------- 
 F. Walther       Vice President, Projects                    12,211        5,235 
                 ---------------------------------------  -------------  ----------- 
 G. Sanchez       Vice President, Sales                       10,619        4,551 
                 ---------------------------------------  -------------  ----------- 
 H. Menares       Vice President, Operations                  13,652        5,853 
                 ---------------------------------------  -------------  ----------- 
 P. Enei          Vice President, Legal                       12,211        5,235 
                 ---------------------------------------  -------------  ----------- 
                  Vice President, Corporate 
 R. Aguilar        Affairs and Sustainability                 13,652        5,853 
                 ---------------------------------------  -------------  ----------- 
                  Vice President, Strategy 
 A. Hevia          and Innovation                             10,619        4,551 
                 ---------------------------------------  -------------  ----------- 
 C. Espinoza      General Manager, Minera Centinela           12,211        5,235 
                 ---------------------------------------  -------------  ----------- 
 L. Gonzalez      General Manager, Minera Antucoya            8,193         3,510 
                 ---------------------------------------  -------------  ----------- 
 JC. Castillo     General Manager, Minera Zaldívar       8,193         3,510 
                 ---------------------------------------  -------------  ----------- 
                  General Manager, Minera Los 
 M. Larrain        Pelambres                                  12,211        5,235 
                 ---------------------------------------  -------------  ----------- 
 K. Jenny         General Manager, FCAB                       10,619        4,551 
                 ---------------------------------------  -------------  ----------- 
 Total number of Shares to which awards 
  relate                                                     200,466        85,929 
                                                          -------------  ----------- 
 

These are awards granted under the LTIP which the Antofagasta group (the "Group") has established to reward senior executives in a way that aligns their interests with the interests of shareholders and with the Group's long-term strategic plan. Directors of the Company are not eligible to participate in the LTIP.

Awards granted under the LTIP are conditional rights to receive a cash payment by reference to the number of Shares relating to the relevant award which vests under the LTIP. The cash payment is determined by reference to the market value of the Shares at vesting. No Shares are issued to participants in the LTIP. No consideration was paid for the grant of any awards.

Performance awards are subject both to certain performance conditions, which are measured over a three year period (2021-2023), and to continued employment. Performance awards will normally vest only after the end of the three year performance period and only to the extent that those performance conditions are met.

Restricted awards are subject to continued employment and normally one third will vest in March 2022, one third in March 2023 and the final third in March 2024.

The above transaction took place outside of a trading venue.

2. The Company announces that, on 27 March 2021, restricted awards granted under the LTIP on 27 March 2020 and calculated by reference to the value of Shares vested to the PDMRs set out below:

 
  Name of PDMR               Position of PDMR               Ndeg of Shares      Amount of 
                                                            to which awards    cash received 
                                                              relate that           GBP 
                                                                vested 
 I. Arriagada     CEO                                           15,042           250,650 
                 ---------------------------------------  -----------------  --------------- 
 M. Ortiz         CFO                                           4,246             70,753 
                 ---------------------------------------  -----------------  --------------- 
 A. Luksic        Vice President, Development                   4,246             70,753 
                 ---------------------------------------  -----------------  --------------- 
 A. Rabagliati    Vice President, Human Resources               4,246             70,753 
                 ---------------------------------------  -----------------  --------------- 
 F. Walther       Vice President, Projects                      4,246             70,753 
                 ---------------------------------------  -----------------  --------------- 
 G. Sanchez       Vice President, Sales                         3,609             60,138 
                 ---------------------------------------  -----------------  --------------- 
 H. Menares       Vice President, Operations                    5,459             90,965 
                 ---------------------------------------  -----------------  --------------- 
 P. Enei          Vice President, Legal                         4,246             70,753 
                 ---------------------------------------  -----------------  --------------- 
                  Vice President, Corporate 
 R. Aguilar        Affairs and Sustainability                   5,459             90,965 
                 ---------------------------------------  -----------------  --------------- 
                  Vice President, Strategy 
 A. Hevia          and Innovation                               4,883             81,367 
                 ---------------------------------------  -----------------  --------------- 
 C. Espinoza      General Manager, Minera Centinela             4,246             70,753 
                 ---------------------------------------  -----------------  --------------- 
 L. Gonzalez      General Manager, Minera Antucoya              3,275             54,572 
                 ---------------------------------------  -----------------  --------------- 
 JC. Castillo     General Manager, Minera Zaldívar         3,023             50,373 
                 ---------------------------------------  -----------------  --------------- 
                  General Manager, Minera Los 
 M. Larrain        Pelambres                                    4,883             81,367 
                 ---------------------------------------  -----------------  --------------- 
 K. Jenny         General Manager, FCAB                         3,275             54,572 
                 ---------------------------------------  -----------------  --------------- 
 Total number of Shares to which awards 
  relate that vested and cash received                          74,384          1,239,485 
                                                          -----------------  --------------- 
 

The market value of the Shares on the date the awards vested was GBP16.6633

The above transaction took place outside of a trading venue.

3. The Company announces that, on 29 March 2021, restricted awards granted under the LTIP on 29 March 2019 and calculated by reference to the value of Shares vested to the PDMRs set out below:

 
  Name of PDMR               Position of PDMR               Ndeg of Shares      Amount of 
                                                            to which awards    cash received 
                                                              relate that           GBP 
                                                                vested 
 I. Arriagada     CEO                                           11,074           183,312 
                 ---------------------------------------  -----------------  --------------- 
 M. Ortiz         CFO                                           2,547             42,161 
                 ---------------------------------------  -----------------  --------------- 
 A. Luksic        Vice President, Development                   2,440             40,390 
                 ---------------------------------------  -----------------  --------------- 
 A. Rabagliati    Vice President, Human Resources               2,871             47,525 
                 ---------------------------------------  -----------------  --------------- 
 F. Walther       Vice President, Projects                      2,871             47,525 
                 ---------------------------------------  -----------------  --------------- 
 G. Sanchez       Vice President, Sales                         2,440             40,390 
                 ---------------------------------------  -----------------  --------------- 
 H. Menares       Vice President, Operations                    3,691             61,098 
                 ---------------------------------------  -----------------  --------------- 
 P. Enei          Vice President, Legal                         2,871             47,525 
                 ---------------------------------------  -----------------  --------------- 
                  Vice President, Corporate 
 R. Aguilar        Affairs and Sustainability                   3,302             54,659 
                 ---------------------------------------  -----------------  --------------- 
                  Vice President, Strategy 
 A. Hevia          and Innovation                               3,302             54,659 
                 ---------------------------------------  -----------------  --------------- 
 C. Espinoza      General Manager, Minera Centinela             2,044             33,835 
                 ---------------------------------------  -----------------  --------------- 
 L. Gonzalez      General Manager, Minera Antucoya              2,215             36,666 
                 ---------------------------------------  -----------------  --------------- 
 JC. Castillo     General Manager, Minera Zaldívar         2,044             33,835 
                 ---------------------------------------  -----------------  --------------- 
                  General Manager, Minera Los 
 M. Larrain        Pelambres                                    3,302             54,659 
                 ---------------------------------------  -----------------  --------------- 
 K. Jenny         General Manager, FCAB                         1,550             25,658 
                 ---------------------------------------  -----------------  --------------- 
 Total number of Shares to which awards 
  relate that vested and cash received                          48,564           803,896 
                                                          -----------------  --------------- 
 

The market value of the Shares on the date the awards vested was GBP16.5533

The above transaction took place outside of a trading venue.

4. The Company announces that, on 28 March 2021, restricted awards granted under the LTIP on 28 March 2018 and calculated by reference to the value of Shares vested to the PDMRs set out below:

 
  Name of PDMR               Position of PDMR               Ndeg of Shares      Amount of 
                                                            to which awards    cash received 
                                                              relate that           GBP 
                                                                vested 
 I. Arriagada     CEO                                           15,628           260,420 
                 ---------------------------------------  -----------------  --------------- 
 M. Ortiz         CFO                                           2,009             33,482 
                 ---------------------------------------  -----------------  --------------- 
 A. Luksic        Vice President, Development                   2,214             36,893 
                 ---------------------------------------  -----------------  --------------- 
 A. Rabagliati    Vice President, Human Resources               2,605             43,402 
                 ---------------------------------------  -----------------  --------------- 
 F. Walther       Vice President, Projects                      2,605             43,402 
                 ---------------------------------------  -----------------  --------------- 
 G. Sanchez       Vice President, Sales                         2,214             36,893 
                 ---------------------------------------  -----------------  --------------- 
 H. Menares       Vice President, Operations                    3,349             55,806 
                 ---------------------------------------  -----------------  --------------- 
 P. Enei          Vice President, Legal                         2,605             43,402 
                 ---------------------------------------  -----------------  --------------- 
                  Vice President, Corporate 
 R. Aguilar        Affairs and Sustainability                   2,605             43,402 
                 ---------------------------------------  -----------------  --------------- 
                  Vice President, Strategy 
 A. Hevia          and Innovation                               2,605             43,402 
                 ---------------------------------------  -----------------  --------------- 
 C. Espinoza      General Manager, Minera Centinela             1,240             20,668 
                 ---------------------------------------  -----------------  --------------- 
 L. Gonzalez      General Manager, Minera Antucoya              2,009             33,482 
                 ---------------------------------------  -----------------  --------------- 
 JC. Castillo     General Manager, Minera Zaldívar         1,240             20,668 
                 ---------------------------------------  -----------------  --------------- 
                  General Manager, Minera Los 
 M. Larrain        Pelambres                                    2,605             43,402 
                 ---------------------------------------  -----------------  --------------- 
 K. Jenny         General Manager, FCAB                         1,240             20,668 
                 ---------------------------------------  -----------------  --------------- 
         Total number of Shares to which awards 
           relate that vested and cash received                 46,773           779,394 
                                                          -----------------  --------------- 
 

The market value of the Shares on the date the awards vested was GBP16.6633

The above transaction took place outside of a trading venue.

5. The Company announces that, on 28 March 2021, performance awards granted under the LTIP on 28 March 2018 and calculated by reference to the value of Shares vested to the PDMRs set out below:

 
  Name of PDMR               Position of PDMR               Ndeg of Shares      Amount of 
                                                            to which awards    cash received 
                                                              relate that           GBP 
                                                                vested 
 I. Arriagada     CEO                                          109,397          1,801,044 
                 ---------------------------------------  -----------------  --------------- 
 M. Ortiz         CFO                                           14,065           231,557 
                 ---------------------------------------  -----------------  --------------- 
 A. Luksic        Vice President, Development                   15,498           255,149 
                 ---------------------------------------  -----------------  --------------- 
 A. Rabagliati    Vice President, Human Resources               18,233           300,177 
                 ---------------------------------------  -----------------  --------------- 
 F. Walther       Vice President, Projects                      18,233           300,177 
                 ---------------------------------------  -----------------  --------------- 
 G. Sanchez       Vice President, Sales                         15,498           255,149 
                 ---------------------------------------  -----------------  --------------- 
 H. Menares       Vice President, Operations                    23,442           385,934 
                 ---------------------------------------  -----------------  --------------- 
 P. Enei          Vice President, Legal                         18,233           300,177 
                 ---------------------------------------  -----------------  --------------- 
                  Vice President, Corporate 
 R. Aguilar        Affairs and Sustainability                   18,233           300,177 
                 ---------------------------------------  -----------------  --------------- 
                  Vice President, Strategy 
 A. Hevia          and Innovation                               18,233           300,177 
                 ---------------------------------------  -----------------  --------------- 
 C. Espinoza      General Manager, Minera Centinela             3,721             61,260 
                 ---------------------------------------  -----------------  --------------- 
 L. Gonzalez      General Manager, Minera Antucoya              14,065           231,557 
                 ---------------------------------------  -----------------  --------------- 
 JC. Castillo     General Manager, Minera Zaldívar         3,721             61,260 
                 ---------------------------------------  -----------------  --------------- 
                  General Manager, Minera Los 
 M. Larrain        Pelambres                                    18,233           300,177 
                 ---------------------------------------  -----------------  --------------- 
 K. Jenny         General Manager, FCAB                         3,721             61,260 
                 ---------------------------------------  -----------------  --------------- 
         Total number of Shares to which awards 
           relate that vested and cash received                312,526          5,145,232 
                                                          -----------------  --------------- 
 

The overall performance score in connection with these awards was 98.8%. The market value of the Shares on the date the awards vested was GBP16.6633

The above transaction took place outside of a trading venue.

 
 Investors                                      Media - London 
  - London 
 Andrew Lindsay    alindsay@antofagasta.co.uk   Carole Cable       antofagasta@brunswickgroup.com 
 Telephone         +44 20 7808 0988             Telephone          +44 20 7404 5959 
 Andres Vergara    avergara@antofagasta.co.uk 
 Telephone         +44 20 7808 0988             Media - Santiago 
                                                Pablo Orozco       porozco@aminerals.cl 
                                                Carolina           cpica@aminerals.cl 
                                                 Pica 
                                                Telephone          +56 2 2798 7000 
 
 

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