13th May 2011 16:28
13 May 2011
PETROPAVLOVSK PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS
Petropavlovsk PLC (the Company) announces that on 12 May 2011 the following directors received a conditional performance share award (an Award) under the Petropavlovsk PLC Long-Term Incentive Plan (the Plan).
The Awards in respect of ordinary shares of £0.01 each in the share capital of the Company (the Shares) were made at nil consideration and, upon vesting the shares will be acquired for nil consideration. The Awards were based on a share price of £8.485, being the average middle market closing price of such Shares on the dealing day immediately prior to the date the Awards were made.
Vesting of these Awards is subject to the satisfaction of performance conditions measured over a three-year performance period and continuing service for three years from the date of grant.
The notifications below are made in accordance with DTR 3.1.4(r)(1)(a).
Director | Number of Shares Awarded
|
Peter Hambro | 147,083 |
Pavel Maslovskiy | 147,083 |
Brian Egan | 85,798 |
Andrey Maruta | 76,605 |
Alfiya Samokhvalova | 76,605 |
Martin Smith | 76,605 |
ENQUIRIES
Petropavlovsk PLC Alya Samokhvalova, Group Head of External Communications Rachel Tuft, Investor Relations Officer Amanda Whalley, Company Secretary
|
+44 (0) 20 7201 8900
|
Merlin David Simonson Fiona Crosswell |
+44 (0) 20 7726 8400 |
Related Shares:
POG.L