Source - RNS
RNS Number : 0493H
PJSC LukOil
02 June 2017
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities / person closely associated

b)

Legal person

Sabiana Limited

2

Reason for the notification

a)

Position/status

Notification concerns PCA with the PDMRs:

Member of the Board of Directors, President of PJSC LUKOIL Vagit Alekperov,

Member of the Board of Directors, Vice President of PJSC LUKOIL Leonid Fedun

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

PJSC LUKOIL

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

4.1


a)

Description of the financial instrument, type of instrument

PJSC LUKOIL ADR

Identification code

US69343P1057

b)

Nature of the transaction

Receipt of PJSC LUKOIL ADRs provided previously as collateral under the fund raising structured international financial transaction made on 9 December 2013 (duly disclosed on 12 December 2013) which is the 1st of 3 linked transactions to repay the tranche due on 31/05/2017

c)

Price(s) and volume(s)

Price(s)

Volume(s)


231,377

d)

Aggregated information


Price


Volume

231,377

Total


e)

Date of the transaction

2017-05-31

f)

Place of the transaction

Outside a trading venue

4.2


a)

Description of the financial instrument, type of instrument

PJSC LUKOIL ADR

Identification code

US69343P1057

b)

Nature of the transaction

Disposal of PJSC LUKOIL ADRs on the expiration date of funded put option on ADRs as a part of the structured international financial transaction made on 9 December 2013 (duly disclosed on 12 December 2013) which is the 2nd of 3 linked transactions to repay the tranche due on 31/05/2017

c)

Price(s) and volume(s)

Price(s)

Volume(s)

USD 47.7502708

156,754

d)

Aggregated information


Price

USD 47.7502708

Volume

156,754

Total

USD 7,485,045.95

e)

Date of the transaction

2017-05-31

f)

Place of the transaction

Outside a trading venue

4.3


a)

Description of the financial instrument, type of instrument

PJSC LUKOIL ADR

Identification code

US69343P1057

b)

Nature of the transaction

Repurchase of PJSC LUKOIL ADRs to be disposed under above funded put option on ADRs as a part of the structured international financial transaction made on 9 December 2013 (duly disclosed on 12 December 2013) which is the 3rd of 3 linked transactions the net effect of which results in repayment in cash the tranche due on 31/05/2017

c)

Price(s) and volume(s)

Price(s)

Volume(s)

USD 47.7502708

156,754

d)

Aggregated information


Price

USD 47.7502708

Volume

156,754

Total

USD 7,485,045.95

e)

Date of the transaction

2017-05-31

f)

Place of the transaction

Outside a trading venue

 


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