FXPO Ferrexpo Plc

TIDMFXPO

RNS Number : 2581F

Ferrexpo PLC

22 April 2014

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

FERREXPO PLC

2. State whether the notification relates to

(i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

This Notification relates to transactions notified in accordance with (i), DR 3.1.4R(1)(a).

3. Name of persons discharging managerial responsibilities/director

Directors

Mr Chris Mawe

Persons Discharging Managerial Responsibility

Mr Nikolay Goroshko

Mr Jason Keys

Mr Nikolay Kladiev

Mr Viktor Lotous

Mr Greg Nortje

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/directors named in 3 and identify the connected person

Notification only relates to persons named in 3.

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Notification only relates to persons named in 3.

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of 10 pence each in Ferrexpo plc ("Ordinary Shares").

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Greenwood Nominees Limited

8 State the nature of the transaction

Acquisition of an interest pursuant to awards approved by the remuneration committee of the Company under the Ferrexpo Long Term Incentive Plan ("LTIP").

9. Number of shares, debentures or financial instruments relating to shares acquired

   Mr Chris Mawe        130,000 Ordinary Shares 

Mr Nikolay Goroshko 15,000 Ordinary Shares

   Mr Jason Keys        75,000 Ordinary Shares 
   Mr Nikolay Kladiev   15,000 Ordinary Shares 
   Mr Viktor Lotous     50,000 Ordinary Shares 
   Mr Greg Nortje       35,000 Ordinary Shares 

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

   Mr Chris Mawe        0.0221% 

Mr Nikolay Goroshko 0.0025%

   Mr Jason Keys        0.0127% 
   Mr Nikolay Kladiev   0.0025% 
   Mr Viktor Lotous     0.0085% 
   Mr Greg Nortje       0.0059% 

11. Number of shares, debentures or financial instruments relating to shares disposed of

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13. Price per share or value of transaction

LTIP awards are made at nil cost

14. Date and place of transaction

22 April 2014, Baar, Switzerland

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 
                     Beneficially   Percentage         Conditional     Percentage 
                      held shares    of issued share    share awards    of issued share 
                                     capital                            capital 
------------------  -------------  -----------------  --------------  ----------------- 
 Chris Mawe          234,995        0.0400%            380,000         0.0646% 
------------------  -------------  -----------------  --------------  ----------------- 
 Nikolay Goroshko    83,515         0.0142%            45,000          0.0077% 
------------------  -------------  -----------------  --------------  ----------------- 
 Jason Keys          62,471         0.0106%            220,000         0.0374% 
------------------  -------------  -----------------  --------------  ----------------- 
 Nikolay Kladiev     58,873         0.0100%            45,000          0.0077% 
------------------  -------------  -----------------  --------------  ----------------- 
 Viktor Lotous       125,507        0.0213%            160,000         0.0272% 
------------------  -------------  -----------------  --------------  ----------------- 
 Greg Nortje         0              -                  35,000          0.0059% 
------------------  -------------  -----------------  --------------  ----------------- 
 

16. Date issuer informed of transaction

22 April 2014

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

N/A

18. Period during which or date on which it can be exercised

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22. Total number of shares or debentures over which options held following notification

N/A

23. Any additional information

The terms of LTIP were approved by shareholders at the annual general meeting of the Company on 15(th) May 2008. Details of the LTIP can be found in the Ferrexpo plc 2013 Annual Report.

24. Name of contact and telephone number for queries

Mr David Leonard - +44 (0)20 7389 8300

Name and signature of duly authorised officer of issuer responsible for making notification

Mr David Leonard - Company Secretary, Ferrexpo plc.

Date of notification

22 April 2014

END

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The company news service from the London Stock Exchange

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