Atalaya MiningCopper - Director/PDMR Share Award

Atalaya Mining Copper SA

24/04/2025 07:00

RNS Number : 9281F

Atalaya Mining Copper, S.A.

24 April 2025

 

 

24 April 2025

Atalaya Mining Copper, S.A.

("Atalaya" or "the Company")

Director/PDMR Share Award

 

Atalaya Mining (LSE: ATYM) announces that the following conditional share awards have been granted pursuant to the Atalaya Mining Long-Term Incentive Plan 2020. Pursuant to these awards, a participant may receive an allocation of shares following the normal vesting date, subject to the extent to which the applicable performance conditions have been satisfied at the end of the three-year performance period and their continuing employment at that time.

As indicated in the Company's 2024 Annual Report, the Company confirms that the vesting of the LTIP awards will depend on the achievement of certain performance conditions, full details of which can be found on page 99.

The vesting date will be the later of the third anniversary of the award date and the day following the end of the performance period on which the performance conditions have been assessed and notified to the participant. Any vested shares will be subject to a holding period of two years from the vesting date and subject to customary malus and clawback events.

The conditional share awards to Persons Discharging Managerial Responsibilities ("PDMR") are as follows:

Name
Role
Maximum № of Shares
Alberto Lavandeira
Chief Executive Officer Director
218,000
César Sánchez
Chief Financial Officer PDMR
113,091
Enrique Delgado
General ManagerRiotintoPDMR
112,431

 

No consideration was paid for the grant of the awards. For the purposes of these awards, the grant was made at a share price of 358.60 pence.

Further details are set out in the notification in the appendix, made in accordance with the requirements of the EU Market Abuse Regulation (EU) № 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.

Contacts:

SEC Newgate UK
Elisabeth Cowell / Tom Carnegie / Gwen Samuel
+44 20 3757 6882
Atalaya Mining
Michael Rechsteiner
+34 959 59 28 50

 

About Atalaya Mining Copper, S.A.

Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya's shares trade on the London Stock Exchange's Main Market under the symbol "ATYM".

Atalaya's 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, such as Proyecto Masa Valverde and Proyecto Riotinto East. In addition, Atalaya has a phased earn-in agreement for up to 80% ownership of Cobre San Rafael S.L., which fully owns 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, please visit www.atalayamining.com.

 

Appendix

Notification and public disclosure of transactions of persons discharging managerial responsibilities and persons closely associated with them:

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Alberto Lavandeira
2
Reason for the notification
a)
Position/status
Chief Executive Officer
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 Copper, S.A.
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
Ordinary Shares of €0.09 each nominal value
CY0106002112
b)
Nature of the transaction
Grant of conditional share awards pursuant to a The Atalaya Mining Long-Term Incentive Plan 2020
c)
Price(s) and volume(s)
Price(s)
Volumes(s)
Nil consideration
218,000
d)
Aggregated information
Volume: 218,000
Price:0p
e)
Date of the transaction
23/04/2025
f)
Place of the transaction
Outside of a trading venue

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
César Sánchez
2
Reason for the notification
a)
Position/status
PDMR
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 Copper, S.A.
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
Ordinary Shares of €0.09 each nominal value
CY0106002112
b)
Nature of the transaction
Grant of conditional share awards pursuant to a The Atalaya Mining Long-Term Incentive Plan 2020
c)
Price(s) and volume(s)
Price(s)
Volumes(s)
Nil consideration
113,091
d)
Aggregated information
Volume: 113,091
Price:0p
e)
Date of the transaction
23/04/2025
f)
Place of the transaction
Outside of 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
PDMR
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 Copper, S.A.
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
Ordinary Shares of €0.09 each nominal value
CY0106002112
b)
Nature of the transaction
Grant of conditional share awards pursuant to a The Atalaya Mining Long-Term Incentive Plan 2020
c)
Price(s) and volume(s)
Price(s)
Volumes(s)
Nil consideration
112,431
d)
Aggregated information
Volume: 112,431
Price:0p
e)
Date of the transaction
23/04/2025
f)
Place of the transaction
Outside of a trading venue

 

 

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