REG - Atalaya Mining PLC - Grant of Share Options and PDMR Notification
23/05/2023 07:00
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RNS Number : 2664A Atalaya Mining PLC 23 May 2023
Atalaya Mining Plc
1 Lampousas Street
1095 Nicosia, Cyprus
Tel: +357 22442705
Fax: +357 22442708
www.atalayamining.com
23 May 2023
Atalaya Mining Plc.
("Atalaya" or "the Company")
Grant of Share Options and PDMR Notification
Atalaya Mining Plc (AIM: ATYM; TSX: AYM) announces that in accordance with the
Company's Long Term Incentive Plan 2020 (the "LTIP20") which was approved by
shareholders at the Annual General Meeting on 25 June 2020, it has granted
1,305,000 share options (the "Options") to Persons Discharging Managerial
Responsibilities ("PDMRs") and other employees.
The Options expire on 21 May 2028, five years from the deemed date of grant
(22 May 2023), have an exercise price of 327 pence per ordinary share, being
the last mid-market closing price on the grant date, and vest in three equal
tranches, one third on grant and the balance equally on the first and second
anniversary of the grant date.
The 1,305,000 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 2,200,000 430,000 1.82%
Enrique Delgado General Manager - Operations 200,000 600,000 -- 0.41%
César Sánchez CFO 200,000 500,000 350,000 0.59%
Total 800,000 3,300,000 780,000 2.82%
Other Employees 505,000 1,548,500
Total 1,305,000 4,848,500
Following these Options, the Company has granted options over an aggregate of
4,848,500 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 Share options
Identification code
CY0106002112
b) Nature of the transaction Share options grant
c) Price(s) and volume(s) Price: 327p
Volume: 400,000 share options
d) Aggregated information Aggregate volume: 400,000
Exercise Price: 327p
e) Date of the transaction 22 May 2023
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 Share options
Identification code
CY0106002112
b) Nature of the transaction Share options grant
c) Price(s) and volume(s) Price: 327p
Volume: 200,000 share options
d) Aggregated information Aggregate volume: 200,000
Exercise Price: 327p
e) Date of the transaction 22 May 2023
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 Share options
Identification code
CY0106002112
b) Nature of the transaction Share options grant
c) Price(s) and volume(s) Price: 327p
Volume: 200,000 share options
d) Aggregated information Aggregate volume: 200,000
Exercise Price: 327p
e) Date of the transaction 22 May 2023
f) Place of the transaction Outside a trading venue
Contacts:
SEC Newgate UK Elisabeth Cowell / Matthew Elliott + 44 20 3757 6882
4C Communications Carina Corbett +44 20 3170 7973
Canaccord Genuity Henry Fitzgerald-O'Connor / James Asensio / Thomas Diehl +44 20 7523 8000
(NOMAD and Joint Broker)
BMO Capital Markets Tom Rider / Andrew Cameron +44 20 7236 1010
(Joint Broker)
Peel Hunt LLP Ross Allister / David McKeown +44 20 7418 8900
(Joint Broker)
About Atalaya Mining Plc
Atalaya is an AIM-listed mining and development group which produces copper
concentrates and silver by-product at its wholly owned Proyecto Riotinto site
in southwest Spain. Atalaya's current operations include the Cerro Colorado
open pit mine and a modern 15 Mtpa processing plant, which has the potential
to become a central processing hub for ore sourced from its wholly owned
regional projects around Riotinto that include Proyecto Masa Valverde and
Proyecto Riotinto East. 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, as well as a 99.9% interest in Proyecto Ossa Morena. For
further information, visit www.atalayamining.com
(http://www.atalayamining.com)
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