REG - Atalaya Mining PLC - Grant of share options and Director Shareholding
RNS Number : 4566SAtalaya Mining PLC09 July 202009 July 2020
Atalaya Mining Plc
("Atalaya", "Company" and/or the "Group")
Granting of share options and Director/PDMR Shareholding
Atalaya Mining Plc (AIM: ATYM; TSX: AYM), the European mining and development company, announces that in accordance with the Company's Long Term Inventive Plan 2020 (the "LTIP20") which was approved by shareholders at the Annual General Meeting on 25 June, it has granted 1,050,000 share options (the "Options") to Persons Discharging Managerial Responsibilities ("PDMRs") and management.
The Options expire ten years from the deemed date of grant (30 June 2020), have an exercise price of 147.5 pence per ordinary share, based on the share price at the close of market on the grant date, and vest in two equal tranches, half on grant and half on the first anniversary of the granting date.
The 1,050,000 share options have been allocated as per the table below:
Name
Position
Number of share options granted
Total number of share options following this notification
Total beneficial holding of shares following this notification
Total beneficial holding (options + ordinary shares) as % of Company's fully diluted issued share capital
Alberto Lavandeira
CEO/Managing Director
400,000
1,150,000
240,000
0.99%
Enrique Delgado
General Manager - Operations
150,000
550,000
-
0.39%
César Sánchez
CFO
200,000
550,000
-
0.39%
Total
750,000
2,250,000
240,000
1.77%
Other Management
300,000
1,305,250
Total
1,050,000
3,555,250
Following these grants, the Company has granted options over an aggregate of 3,555,250 ordinary shares.
Set out below is the information required by Article 19(3) of the EU Market Abuse Regulation No 596/2014:
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Alberto Lavandeira
2
Reason for the notification
a)
Position/status
CEO
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Atalaya Mining Plc
b)
LEI
549300QNQPXVRXGXOX56
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
Identification code
Share options
CY0106002112
b)
Nature of the transaction
Share options grant
c)
Price(s) and volume(s)
Price: 147.5p
Volume: 400,000 share options
d)
Aggregated information
Price: 147.5p
Volume: 400,000 share options
e)
Date of the transaction
30 June 2020
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Enrique Delgado
2
Reason for the notification
a)
Position/status
General Manager of Operation
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Atalaya Mining Plc
b)
LEI
549300QNQPXVRXGXOX56
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
Identification code
Share options
CY0106002112
b)
Nature of the transaction
Share options grant
c)
Price(s) and volume(s)
Price: 147.5p
Volume: 150,000 share options
d)
Aggregated information
Price: 147.5p
Volume: 150,000 share options
e)
Date of the transaction
30 June 2020
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Cesar Sanchez
2
Reason for the notification
a)
Position/status
CFO
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Atalaya Mining Plc
b)
LEI
549300QNQPXVRXGXOX56
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
Identification code
Share options
CY0106002112
b)
Nature of the transaction
Share options grant
c)
Price(s) and volume(s)
Price: 147.5p Volume: 200,000 share options
d)
Aggregated information
Price: 147.5p
Volume: 200,000 share options
e)
Date of the transaction
30 June 2020
f)
Place of the transaction
Outside a trading venue
This announcement contains information which, prior to its publication constituted inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Contacts:
Newgate Communications
Elisabeth Cowell / Adam Lloyd / Tom Carnegie
+ 44 20 3757 6880
4C Communications
Carina Corbett
+44 20 3170 7973
Canaccord Genuity (NOMAD and Joint Broker)
Henry Fitzgerald-O'Connor / James Asensio
+44 20 7523 8000
BMO Capital Markets (Joint Broker)
Tom Rider / Michael Rechsteiner / Neil Elliot
+44 20 7236 1010
Peel Hunt LLP (Joint Broker)
Ross Allister / David McKeown
+44 20 7418 8900
About Atalaya Mining Plc
Atalaya is an AIM and TSX-listed mining and development group which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest Spain. In addition, the Group has a phased, earn-in agreement for up to 80% ownership of Proyecto Touro, a brownfield copper project in the northwest of Spain. For further information, visit www.atalayamining.com
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.ENDDSHBLGDRBSGDGGI
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