18th May 2017 15:11
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 financial instrument, type of instrument | Call option on PJSC LUKOIL ADR | |
Identification code | n/a | ||
b) | Nature of the transaction | Concluded call option for the sale of PJSC LUKOIL ADRs at strike price | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
USD 54.50 | 250,000 | ||
d) | Aggregated information | ||
Price | USD 54.50 | ||
Volume | 250,000 | ||
Total | USD 13,625,000.00 | ||
e) | Date of the transaction | 2017-05-16 | |
f) | Place of the transaction | Outside a trading venue | |
4.2 | |||
a) | Description of the financial instrument, type of instrument | PJSC LUKOIL ADR | |
Identification code | US69343P1057 | ||
b) | Nature of the transaction | Raise financing under ISDA Master Agreement secured by 754,888 LKOD PJSC LUKOIL ADR (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 50.95 | 754,888 | ||
d) | Aggregated information | ||
Price | USD 50.95 | ||
Volume | 754,888 | ||
Total | USD 38,461,543.60 | ||
e) | Date of the transaction | 2017-05-16 | |
f) | Place of the transaction | Outside a trading venue | |
Related Shares:
LKOD.L