REG - Atalaya Mining PLC - Grant of Share Options and PDMR Shareholding

Atalaya MiningAnnouncement

24/06/2022 07:00

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RNS Number : 0442Q  Atalaya Mining PLC  24 June 2022

24 June 2022

Atalaya Mining Plc.

("Atalaya" or the "Company")

Grant of Share Options and Director/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
1,225,000 share options (the "Options") to Persons Discharging Managerial
Responsibilities ("PDMRs") and other employees.

The Options expire on 30 June 2027, five years from the deemed date of grant
(22 June 2022), have an exercise price of 357.50 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 1,225,000 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                          1,800,000                                                  430,000                                                         1.55%
 Enrique Delgado     General Manager - Operations  200,000                          400,000                                                    300,000                                                         0.49%
 César Sánchez       CFO                           200,000                          300,000                                                    350,000                                                         0.45%
                     Total                         800,000                          2,500,000                                                  1,080,000                                                       2.50%
 Other Employees                                   425,000                          1,043,500
                     Total                         1,225,000                        3,543,500

 

Following these Options, the Company has granted options over an aggregate of
3,543,500 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: 357.5p

                                                                  Volume: 400,000 share options
 d)  Aggregated information                                       GBP 1,430,000.00

 e)  Date of the transaction                                      22 June 2022
 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: 357.5p

                                                                  Volume: 200,000 share options
 d)  Aggregated information                                       GBP 715,000.00

 e)  Date of the transaction                                      22 June 2022
 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: 357.5p

                                                                  Volume: 200,000 share options
 d)  Aggregated information                                       GBP 715,000.00

 e)  Date of the transaction                                      22 June 2022
 f)  Place of the transaction                                     Outside a trading venue

 

Contacts:

 Newgate Communications     Elisabeth Cowell / Axaule Shukanayeva / Max Richardson  + 44 20 3757 6880
 4C Communications          Carina Corbett                                          +44 20 3170 7973
 Canaccord Genuity          Henry Fitzgerald-O'Connor / James Asensio               +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 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. 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 centralised 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 51% interest in
Proyecto Ossa Morena. For further information, visit www.atalayamining.com
(http://www.atalayamining.com)

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