Issue of Equity, TVR, and PDMR Notifications

Source: RNS
RNS Number : 5558Y
Yamana Gold Inc.
17 January 2022
 

17 January 2022

Yamana Gold Inc.

Issue of Equity and Total Voting Rights and PDMR Notifications for UK Regulatory Reporting

Yamana Gold Inc. (the "Company") announces that it has issued 34,251 common shares pursuant to the terms of the Company's Dividend Reinvestment Plan ("DRIP") and has cancelled a further 2,260,552 common shares pursuant to the terms of the Company's normal course issuer bid. Further details of the change to common shares issued by the Company are provided below:

1.   34,251 common shares have been issued to shareholders pursuant to the terms of the Company's DRIP. The Company has received DRIP elections with respect to quarterly dividend payments announced on 28 October 2021; and

2.   2,260,552 common shares have been cancelled pursuant to the terms of the Company's normal course issuer bid to purchase up to 5% of the Company's current issued and outstanding common shares announced on 29 July 2021 during the period 8 November to 12 November 2021.

Application has been made to the Financial Conduct Authority (the "FCA") and London Stock Exchange plc (the "LSE") respectively for the common shares issued to be admitted to the standard listing segment of the Official List of the FCA and to trading on the Main Market for listed securities of the LSE (together, "Admission"). It is expected that Admission will become effective at 8:00 a.m. BST on 21 January 2022.

In accordance with FCA's Disclosure and Transparency Rule 5.6.1, following the issuance of the common shares, the Company's issued share capital now consists of 959,840,216 common shares. The Company does not hold any common shares in treasury and therefore the total number of voting rights in the Company is 959,840,216. This figure may be used by Shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

In addition, the Company makes the following announcement regarding its Persons Discharging Managerial Responsibilities' participation in Yamana's Restricted Share Unit and Performance Share Unit Plans. The following notifications, which are being made in accordance with the requirements of Market Abuse Regulations, provide further detail of the notifiable transactions.

FOR FURTHER INFORMATION PLEASE CONTACT:
Investor Relations
+1 416-815-0220
1-888-809-0925
Email: 
investor@yamana.com

FTI Consulting Inc. (UK Public Relations)
Sara Powell / Ben Brewerton
+44 203 727 1000
Email:
Yamana.gold@fticonsulting.com 

 

 

   

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Peter Marrone

2

Reason for the notification

a)

Position/status

 Executive Chairman

b)

Initial notification/Amendment

Initial Notification

3

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

a)

Name

Yamana Gold Inc.

b)

LEI

54930002VY22NXG01418

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

 Restricted Share Units of Yamana Gold Inc.

 

Identification code

N/A

b)

Nature of the transaction

Issuance of Restricted Share Units under Restricted Share Unit Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

325,659

 

d)

Aggregated information

          N/A - Single transaction

e)

Date of the transaction

2022-01-11

f)

Place of the transaction 

Outside a trading venue

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

 Performance Share Units of Yamana Gold Inc.

 

Identification code

N/A

b)

Nature of the transaction

Issuance of Performance Share Units under Performance Share Unit Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

325,659

 

d)

Aggregated information

          N/A - Single transaction

e)

Date of the transaction

2022-01-11

f)

Place of the transaction 

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Daniel Racine

2

Reason for the notification

a)

Position/status

President &  Chief Executive Officer

b)

Initial notification/Amendment

Initial Notification

3

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

a)

Name

Yamana Gold Inc.

b)

LEI

54930002VY22NXG01418

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

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

 Restricted Share Units of Yamana Gold Inc.

 

Identification code

N/A

b)

Nature of the transaction

Issuance of Restricted Share Units under Restricted Share Unit Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

205,802

 

d)

Aggregated information

          N/A - Single transaction

e)

Date of the transaction

2022-01-11

f)

Place of the transaction 

Outside a trading venue

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

 Performance Share Units of Yamana Gold Inc.

 

Identification code

N/A

b)

Nature of the transaction

Issuance of Performance Share Units under Performance Share Unit Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

205,802

 

d)

Aggregated information

          N/A - Single transaction

e)

Date of the transaction

 

2022-01-11

f)

Place of the transaction 
 

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jason LeBlanc

2

Reason for the notification

a)

Position/status

 Senior Vice President, Finance & Chief Financial Officer

b)

Initial notification/Amendment

Initial Notification

3

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

a)

Name

Yamana Gold Inc.

b)

LEI

54930002VY22NXG01418

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

 Restricted Share Units of Yamana Gold Inc.

 

Identification code

N/A

b)

Nature of the transaction

Issuance of Restricted Share Units under Restricted Share Unit Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

62,951

 

d)

Aggregated information

          N/A - Single transaction

e)

Date of the transaction

f)

Place of the transaction 

Outside a trading venue

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

 Performance Share Units of Yamana Gold Inc.

 

Identification code

N/A

b)

Nature of the transaction

Issuance of Performance Share Units under Performance Share Unit Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

62,951

 

d)

Aggregated information

          N/A - Single transaction

e)

Date of the transaction

f)

Place of the transaction 

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEBFMITMTJBBLT