10th May 2016 16:29
10 May 2016
Director's Dealings
Petropavlovsk PLC ("Company" or "POG") hereby announces that it has been notified today by Dr. Pavel Maslovskiy, CEO, of the information set out below.
As announced by the Company on 26 January 2016, Sirius Management Holdings Limited ("Sirius"), a company associated with Dr. Maslovskiy, entered into a stock lending agreement on the 25 January 2016 with a third party in respect of 36,170,000 ordinary shares of £0.01 in Petropavlovsk PLC ("the Shares"), for the period up to 24 July 2017. Sirius has today agreed to accept redelivery of these shares earlier than the initially agreed term of the stock lend.
The table below shows the pre and post transaction holdings of Dr. Maslovskiy and his associated entities
| Number of shares involved in stock-lend | Exposure to POG shares during the stock lend
| Exposure to POG shares following return of the Shares involved in the stock lend
|
Dr. Pavel Maslovskiy and associated entities
| 36,170,000 | 154,604,346 (4.71%) | 190,774,346* (5.81%)
|
* This number includes 131,830,466 Shares over which Dr.Maslovskiy has put and call rights as announced on 18 March 2015.
Enquiries
Petropavlovsk PLC
Alya Samokhvalova
Grace Hanratty
+44 (0) 20 7201 8900
Maitland
James Isola
+44 (0) 20 7379 5151
Related Shares:
POG.L