Executive Director of a leading Russian gold miner Polymetal Vitaly Nesis received almost 19,000 shares as part of the bonus program. About it reported in company.
At the close of October 10, Polymetal shares on the Moscow Exchange cost 520.2 rubles. Based on this, the cost of Nesis’s package could be 9.8 million rubles.
As a result of the issue of shares for the bonus program, Nesis’s share in Polymetal increased to 0.72%, and the company’s capital amounted to more than 515 million shares, some of which are treasury shares, so the total number of voting shares is 473.6 million.
The shares issued now were reserved in 2017-2019. According to the rules of the Polymetal bonus program, securities reserved in a specific period are distributed over the next three years in equal shares.
Now Nesis has been approved for new deferred bonuses, within which rights to another 118,231 shares (0.025%) were issued.
October 11 Polymetal completed repurchase of 2.5 million shares under the exchange program. The company also announced the completion of the issue of new shares on the Kazakhstan exchange Astana International Exchange (AIX).