Polymetal International plc (LSE, MOEX: POLY, ADR: AUCOY) (together with its subsidiaries – “Polymetal”, the “Company”, or the “Group”) discloses the following information regarding certain of its share plans.

In accordance with the Deferred Share Awards plan (“DSA”), the award of shares under the DSA, which were granted in March 2014, 2015 and 2016, have vested and were transferred to the Group CEO and Persons Discharging Managerial Responsibilities (“PDMRs”) on 15 March 2017 as presented in the table below:

Name Position Number of shares vested Additional share awards for dividend equivalents Total amount of shares allotted Total shareholding of employee following vesting of share award
Vitaly Nesis Director 19,639 1,937 21,576 3,150,709
Vitaly Savchenko PDMR 9,592 913 10,505 25,252
Sergey Trushin PDMR 7,203 662 7,865 17,378
Roman Shestakov PDMR 8,651 735 9,386 19,181
Pavel Danilin PDMR 8,937 759 9,696 41,675
Igor Kapshuk PDMR 6,067 515 6,582 13,455
Valery Tsyplakov PDMR 10,008 864 10,872 207,628
Maxim Nazimok PDMR 8,378 718 9,096 9,096

In addition, further to the bonus approval for the year ended 31 December 2016, the Group CEO and PDMRs have received a deferred bonus award in shares under the terms of the DSA. The total award of shares is detailed in the schedule below. Share awards will vest annually to employees over the next three years in equal instalments (in March 2018, 2019 and 2020). Under the terms of the DSA, dividend equivalents will be received on vested shares reflecting the value of the dividends which have been paid during the period from the grant date to the vesting date. Dividend equivalents will also be paid as shares to employees. Details of the DSA are disclosed in Polymetal’s Annual Report and Accounts available on the Company’s website at www.polymetalinternational.com


Name
Position Outstanding shares under 2014, 2015 and 2016 DSA (net of issued shares) Share grant under 2017 DSA Total number of deferred shares under the DSA
Vitaly Nesis Director 11,829 7,909 19,738
Vitaly Savchenko PDMR 7,174 4,541 11,715
Sergey Trushin PDMR 5,442 6,204 11,646
Roman Shestakov PDMR 8,074 6,278 14,352
Pavel Danilin PDMR 8,331 7,875 16,206
Igor Kapshuk PDMR 5,657 7,267 12,924
Valery Tsyplakov PDMR 8,941 7,851 16,792
Maxim Nazimok PDMR 7,622 7,009 14,631

No consideration is payable for the making or vesting of the awards by the beneficiaries.

In total 141,400 shares will be allotted to Group CEO, PDMRs and certain other employees of the Group. The new shares are expected to be admitted to trading on or around 17 March 2017. Following allotment of shares, the total issued capital of the Company is 430,112,661.

Notification is made under Disclosure Rule 3.1.4.

Enquiries

Media Investor Relations
FTI Consulting
Leonid Fink
Jenny Payne
+44 20 3727 1000 Polymetal
Maxim Nazimok
Evgenia Onuschenko
Maryana Nesis
ir@polymetalinternational.com

+7 812 313 5964 (Russia)

+44 20 7016 9503 (UK)

Joint Corporate Brokers
Morgan Stanley
Sam McLennan
Richard BrownPanmure Gordon
Adam James
Tom Salvesen
+44 20 7425 8000

+44 20 7886 2500

RBC Europe Limited
Tristan Lovegrove
Marcus Jackson
+44 20 7653 4000