Atalaya MiningCopper - Grant of Conditional Share Awards

Atalaya Mining Copper SA

28/04/2026 07:01

RNS Number : 0890C

Atalaya Mining Copper, S.A.

28 April 2026

 

 

28 April 2026

Atalaya Mining Copper, S.A.

("Atalaya" or "the Company")

Grant of Conditional Share Awards and PDMR Notification

 

Atalaya Mining (LSE: ATYM) announces that the following conditional share awards have been granted pursuant to the Atalaya Mining Long-Term Incentive Plan 2020 (the "2020 LTIP").

Pursuant to these awards, participants who are Persons Discharging Managerial Responsibilities ("PDMRs") 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 2025 Annual Report, the Company confirms that the vesting of the conditional share awards to the Chief Executive Officer will depend on the achievement of certain performance conditions, full details of which can be found in the 2025 Directors' Remuneration Report.

The vesting date for the conditional share awards to PDMRs 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.

In addition, conditional share awards have been made to employees who are not PDMRs. Pursuant to these awards, participants will receive an allocation of shares on grant equal to one third of the maximum number of shares comprised in the award immediately following the Company's 2026 Annual General Shareholders' Meeting. Participants may receive two further allocations of shares (up to one third each on the first and second anniversaries of grant) subject to the achievement of an underpin condition on each anniversary related to performance of the Company and performance of the individual employee.

The conditional share awards are as follows:

Name
Role
Maximum № of Shares
Alberto Lavandeira
Chief Executive Officer Director
100,513
César Sánchez
Chief Financial Officer PDMR
54,750
Other employees
152,141

 

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 787.45 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
Clotilde Gros / George Esmond / 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" and Atalaya is a FTSE 250 Index constituent.

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 the Proyecto Touro 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 Adán
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
100,513
d)
Aggregated information
Volume: 100,513
Price:0p
e)
Date of the transaction
24/04/2026
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 Fernández
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 award pursuant to a The Atalaya Mining Long-Term Incentive Plan 2020
c)
Price(s) and volume(s)
Price(s)
Volumes(s)
Nil consideration
54,750
d)
Aggregated information
Volume: 54,750
Price:0p
e)
Date of the transaction
24/04/2026
f)
Place of the transaction
Outside of a trading venue

 

 

 

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