REG - Atalaya Mining PLC - Issue of Equity

Atalaya MiningAnnouncement

17/12/2020 07:01

RNS Number : 9217I
  
Atalaya Mining PLC
  
17 December 2020
  
 

17 December 2020
Atalaya Mining Plc.
("Atalaya" or the "Company")
Issue of Equity
 
Atalaya Mining Plc (AIM:ATYM, TSX:AYM) announces that it has issued 801,583 ordinary shares ("Ordinary Shares") pursuant to an exercise of share options and obligations owed to certain employees. 
 
The Company has been notified that certain employees have exercised options over 768,250 ordinary shares of 7.5p in the Company ("Option Shares") and the Company has also satisfied a prior obligation to an employee through the issue of a further 33,333 new ordinary shares of 7.5p in the Company ("Employee Shares").
 
Application has been made for the 801,583 new Ordinary Shares to be admitted to trading on AIM (the "Admission") and the dealings in the new Ordinary Shares are expected to commence on or around 22 December 2020. 
 
Following the issue of the new Ordinary Shares, which will rank pari passu with all existing Ordinary Shares, the total number of Ordinary Shares in issue is 138,140,709. This figure may be used by shareholders as the denominator for calculations to determine whether they are required to notify their interest in the Company.
 
 
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.

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
 
 
IOEFFMFAMESSESE