Evraz Plc Director/PDMR Shareholding (0319Z)

TIDMEVR

RNS Number : 0319Z

Evraz Plc

14 May 2019

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

EVRAZ plc (or "the Company") reports that on 13 May 2019 Mr Nikolay Ivanov, a person discharging managerial responsibility in EVRAZ plc, under the Company's Long Term Incentive Plan, was granted award of 186,824 EVRAZ plc Ordinary Shares. The exercise price per share under the award is GBP5.6950. The market value of the award on the vesting date was GBP1,063,962.68.

The Company was advised on the same date of the following changes to the interests of the current Persons Discharging Managerial Responsibility ("PDMR") in the Company's ordinary shares of USD 0.05 each ("Shares"):

 
 Name of PDMR       Shares     Percentage            Total           Percentage 
                    awarded     of Shares awarded     holding         of total 
                    (number)    expressed as          following       holding 
                                a percentage          notification    expressed 
                                of issued share                       as a percentage 
                                capital (excluding                    of issued 
                                treasury shares)                      share capital 
                                                                      (excluding 
                                                                      treasury 
                                                                      shares) 
 Nikolay Ivanov      186,824         0.013%                235,653        0.016% 
                  ----------  --------------------  --------------  ----------------- 
 

The notification of this transaction is intended to satisfy the Company's obligations under the Disclosure and Transparency Rules 3.1.2 to 3.1.4.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                       Nikolay Ivanov 
     -------------------------  --------------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)   Position/status            CFO 
     -------------------------  --------------------------------------------------------- 
 b)   Initial notification/      Initial notification 
       Amendment 
     -------------------------  --------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------ 
 a)   Name                       EVRAZ plc 
     -------------------------  --------------------------------------------------------- 
 b)   LEI                        5493005B7DAN39RXLK23 
     -------------------------  --------------------------------------------------------- 
 4    Details of the transaction(s): 
     ------------------------------------------------------------------------------------ 
 a)   Description                Option over ordinary shares each in the capital 
       of the financial           of the Company 
       instrument, 
       type of instrument 
 
 
 
       Identification 
       code 
                                  GB00B71N6K86 
     -------------------------  --------------------------------------------------------- 
 b)   Nature of                  Vesting of ordinary shares under granted option 
       the transaction            over ordinary shares in accordance with the 
                                  Company's Long Term Incentive Plan 
     -------------------------  --------------------------------------------------------- 
 c)   Price(s) 
       and volume(s) 
     -------------------------  --------------------------------------------------------- 
 d)   Aggregated 
       information 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     ------------------------- 
 e)   Date/time                          Date/time     Exercise   Volume    Amount, 
       of the transactions                               Price,               GBP 
                                                         GBP 
                                   (a)    2019-05-13    5.6950     186,824   1,063,962.68 
                                         ------------  ---------  --------  ------------- 
                                   (b) 
                                         ------------  ---------  --------  ------------- 
                                   (c) 
                                         ------------  ---------  --------  ------------- 
                                                           Total   186,824   1,063,962.68 
                                                                  --------  ------------- 
     -------------------------  --------------------------------------------------------- 
 f)   Place of                   Outside of Trading Venue or Exchange 
       the transaction 
     -------------------------  --------------------------------------------------------- 
 

EVRAZ Investor Relations

[phone]

14 May 2019

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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May 14, 2019 13:27 ET (17:27 GMT)