TIDMANTO
RNS Number : 2732B
Antofagasta PLC
03 April 2017
NEWS RELEASE, 3 APRIL 2017
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES
This announcement is a notification made pursuant to Article 19
of the EU Market Abuse Regulation 596/2014
1. Antofagasta plc (LEI: 213800MY6QVH4FVLD628) (the "Company")
announces that, on 30 March 2017, awards calculated by reference to
the value of ordinary shares of 5 pence each in the Company (ISIN:
GB0000456144) ("Shares") were granted under the Antofagasta Long
Term Incentive Plan (the "LTIP") to the Persons Discharging
Managerial Responsibility ("PDMR") set out below:
Name of PDMR Position of PDMR Ndeg of Shares to
which awards relate
Performance Restricted
Awards Awards
I. Arriagada CEO, Antofagasta plc 76,070 32,602
Vice President, Finance and
A. Atucha Administration, CFO 31,120 13,337
H. Menares Vice President, Operations 31,120 13,337
G. Sánchez Vice President, Sales 19,363 8,299
Vice President, Institutional
F. Veloso Relations 19,363 8,299
A. M. Rabagliati Vice President, Human Resources 19,363 8,299
Vice President, Corporate
R. Aguilar Affairs and Sustainability 17,289 7,409
P. Enei Vice President, Legal 16,597 7,113
F. Walther Corporate Manager, Projects 13,831 5,928
A. Luksic Vice President, Development 16,597 7,113
A. Hevia General Manager, Minera Centinela 17,289 7,409
General Manager, Twin Metals
R. Mayne Nicholls Minnesota 17,289 7,409
General Manager, Minera Los
M. Larraín Pelambres 17,289 7,409
R. Jorquera General Manager, Minera Antucoya 13,831 5,928
L. González General Manager, Minera Zaldívar 13,831 5,928
M. Ortíz General Manager, FCAB 13,831 5,928
Total number of Shares to which awards relate 354,073 151,747
These are awards granted under the LTIP which the Company has
established to reward senior executives in a way that aligns their
interests with the interests of shareholders and with the Company's
long-term strategic plan. Directors of the Company are not eligible
to participate in the LTIP.
Awards granted under the LTIP are conditional rights to receive
a cash payment by reference to the number of Shares relating to the
relevant award which vests under the LTIP. The cash payment is
determined by reference to the market value of the Shares at
vesting. No Shares are issued to participants in the LTIP. No
consideration was paid for the grant of any awards.
Performance awards are subject both to certain performance
conditions, which are measured over a three year period
(2017-2019), and to continued employment. Performance awards will
normally vest only after the end of the three year performance
period and only to the extent that those performance conditions are
met.
Restricted awards are subject to continued employment and
normally one third will vest in March 2018, one third in March 2019
and the final third in March 2020.
The above transaction took place outside of a trading venue.
2. The Company announces that, on 19 March 2017, 22 March 2017
and 25 March 2017, restricted awards granted under the LTIP on 19
March 2014, 25 March 2015 and 22 March 2016 and calculated by
reference to the value of Shares vested to the PDMRs set out
below:
Name of PDMR Position of PDMR Ndeg of Shares Amount of
to which awards cash received
relate that GBP
vested
I. Arriagada CEO, Antofagasta plc 24,104 202,202
Vice President, Finance
A. Atucha and Administration, CFO 18,031 151,017
H. Menares Vice President, Operations 21,276 178,122
G. Sánchez Vice President, Sales 13,540 113,352
Vice President, Institutional
F. Veloso Relations 13,540 113,352
Vice President, Human
A. M. Rabagliati Resources 13,540 113,352
P. Enei Vice President, Legal 11,605 97,156
F. Walther Corporate Manager, Projects 9,671 80,963
A. Luksic Vice President, Development 5,139 43,090
General Manager, Twin
R. Mayne Nicholls Metals Minnesota 11,741 98,300
General Manager, Minera
R. Jorquera Antucoya 9,671 80,963
General Manager, Minera
L. González Zaldívar 2,716 22,837
M. Ortíz General Manager, FCAB 2,037 17,128
Total number of Shares to which awards
relate that vested and cash received 156,611 1,311,834
The market value of the Shares on the date the awards vested was
GBP8.34 for the restricted awards granted on 19 March 2014, GBP8.37
for the restricted awards granted on 25 March 2015 and GBP8.41 for
the restricted awards granted on 22 March 2016.
The above transaction took place outside of a trading venue.
3. The Company announces that, on 30 March 2017, performance
awards granted under the LTIP on 19 March 2014 calculated by
reference to the value of Shares vested to the PDMRs set out
below:
Name of PDMR Position of PDMR Ndeg of Shares Amount of
to which awards cash received
relate that GBP
vested
Vice President, Finance
A. Atucha and Administration, CFO 14,373 59,240
H. Menares Vice President, Operations 19,762 81,451
G. Sánchez Vice President, Sales 12,576 51,833
Vice President, Investor
F. Veloso Relations 12,576 51,833
Vice President, Human
A. M. Rabagliati Resources 12,576 51,833
P. Enei Vice President, Legal 10,779 44,427
F. Walther Corporate Manager, Projects 8,983 37,024
A. Luksic Vice President, Development 2,515 10,366
General Manager, Twin
R. Mayne Nicholls Metals Minnesota 10,779 44,427
General Manager, Minera
R. Jorquera Antucoya 8,983 37,024
Total number of Shares to which awards
relate that vested and cash received 113,902 469,458
The market value of the Shares on the date the awards vested was
GBP8.34.
The above transaction took place outside of a trading venue.
Investors - London Media (Brunswick)
Andrew Lindsay alindsay@antofagasta.co.uk Carole Cable antofagasta@brunswickgroup.com
Paresh Bhanderi pbhanderi@antofagasta.co.uk Will Medvei antofagasta@brunswickgroup.com
Telephone +44 20 7808 0988 Telephone +44 20 7404 5959
Investors - Santiago
Francisco Veloso fveloso@aminerals.cl
Telephone +56 2 2798 7000
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHSSAFWEFWSEFL
(END) Dow Jones Newswires
April 03, 2017 05:00 ET (09:00 GMT)
Antofagasta (LSE:ANTO)
Historical Stock Chart
From Mar 2024 to May 2024
Antofagasta (LSE:ANTO)
Historical Stock Chart
From May 2023 to May 2024
