Register to get unlimited Level 2

Company Announcements

EBT Share Purchase

Related Companies

RNS Number : 0735I
KAZ Minerals PLC
25 August 2016
 

25 August 2016

EBT SHARE PURCHASE

 

KAZ Minerals PLC ("the Company") announces that it was notified on 24 August 2016 that Estera Trust (Jersey) Limited, acting as trustee of the Company's Employee Benefit Trust ("the EBT"), purchased 250,000 ordinary shares of 20p each in the Company ("Shares") at a price of 187.7p per Share ("the Purchase"). The Shares are to be held in the EBT to be used to satisfy the demand for Shares following exercises under the Company's current and future employee share plans, including the KAZ Minerals Deferred Share Bonus Plan 2007, the KAZ Minerals UK Sharesave Plan 2010 and the KAZ Minerals International Sharesave Plan 2010, in which the Company's executive directors and other PDMRs are potential beneficiaries.

 

Following the Purchase, the EBT's total holding is 300,140 Shares, representing 0.07% of the Company's issued share capital with voting rights.

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Estera Trust (Jersey) Limited

2

Reason for the notification

 

a)

Position/status

EBT trustee

b)

Initial notification /Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

KAZ Minerals PLC

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

 

a)

Description of the financial instrument, type of instrument

Identification code

 

Ordinary shares of 20 pence each

 

 

GB00B0HZPV38

b)

Nature of the transaction

Purchase of ordinary shares by EBT

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

187.7 pence per share

250,000

d)

Aggregated information

 

- Aggregated volume

- Price

 

Single transaction

e)

Date of the transaction

 

24 August 2016

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

Susanna Freeman

Company Secretary

+44 (0)20 7901 7826

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHLLFVRTFISFIR

Top of Page