REG - Atalaya Mining PLC - Granting of share options and PDMR Notification

Atalaya MiningAnnouncement

27/01/2022 07:00

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RNS Number : 7769Z  Atalaya Mining PLC  27 January 2022

27 January 2022

Atalaya Mining Plc.

("Atalaya" or the "Company")

Granting of share options and Director/PDMR Notification

 

Atalaya Mining Plc (AIM: ATYM; TSX: AYM) announces that, in accordance with
the Company's Long Term Inventive Plan 2020 (the "LTIP20"), it has granted
120,000 share options (the "Options") to Luis Rodriguez Pevida, its business
development manager.

 

The Options expire ten years from the deemed date of grant (26 January 2022),
have an exercise price of 416.0 pence per ordinary share, based on the average
of the mid-market closing prices for the five dealing days immediately
preceding the grant date, and vest in two equal tranches, half on grant and
half on the first anniversary of the granting date.

 

The details of the share options are as per the table below:

 

 Name                   Position                      Number of share options granted  Total number of share options following this notification  Total beneficial holding of ordinary shares following this notification  Total beneficial holding (options + ordinary shares) as % of Company's fully
                                                                                                                                                                                                                           diluted issued share capital
 Luis Rodriguez Pevida  Business development manager  120,000                          120,000                                                    -                                                                        0.08%
                        Total                         120,000                          120,000                                                    -                                                                        0.08%

 

Following these grants, the Company has granted options over an aggregate of
2,341,000 ordinary shares, equivalent to 1.67% of the Company's issued share
capital.

 

 

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                                                         Luis Rodriguez Pevida
 2   Reason for the notification
 a)  Position/status                                              Business development manager
 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 option grant
 c)  Price(s) and volume(s)                                       416.0p and 120,000 share options

 d)  Aggregated information                                       GBP 499,200.00
 e)  Date of the transaction                                      26/01/2022

 f)  Place of the transaction                                     London Stock Exchange

 

 

Contacts:

 SEC Newgate UK             Elisabeth Cowell / Tom Carnegie            + 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. For further information, visit
www.atalayamining.com (http://www.atalayamining.com)

 

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