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RNS Number : 4424Q Atalaya Mining Copper, S.A. 10 July 2025
10 July 2025
Atalaya Mining Copper, S.A.
("Atalaya" or "the Company")
Director/PDMR Shareholding
Atalaya Mining Copper, S.A. (LSE: ATYM) announces that it has granted market
value share options ("Options") over the ordinary shares of €0.09 each in
the capital of the Company ("Shares") pursuant to The Atalaya Mining Long-Term
Incentive Plan 2020, as set out in the table below:
Name Role Total № of Shares subject the Options
Alberto Lavandeira Chief Executive Officer (Director) 800,000
César Sánchez Chief Financial Officer (PDMR) 400,000
Enrique Delgado General Manager Riotinto (PDMR) 400,000
The exercise price of the Options is 460.35 pence per ordinary share, being
the average of the mid-market closing price on the five dealing days before
the grant date.
The Shares under Option are due to vest in three tranches, with 1/6(th)
vesting on grant, 1/3(rd) on the first anniversary of grant and the remaining
50% on the second anniversary of grant. Vesting of each tranche of the Options
is also subject to assessment by the Remuneration Committee of an underpin
condition, as summarised in the Directors' Remuneration Report on page 100 of
the Company's 2024 Annual Report and Financial Statements.
The Options will normally expire on 9 July 2030, five years from the date of
grant.
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" 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 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
(http://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 Options over Ordinary Shares of €0.09 each nominal value (derivative
instrument)
Identification code
CY0106002112
b) Nature of the transaction Grant of market value share options pursuant to The Atalaya Mining Long-Term
Incentive Plan 2020 with an exercise price of 460.35 pence per share
c) Price(s) and volume(s) Price(s) Volumes(s)
Nil consideration at grant 800,000
d) Aggregated information N/A - single transaction
e) Date of the transaction 09/07/2025
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
N/A - single transaction
e)
Date of the transaction
09/07/2025
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 Options over Ordinary Shares of €0.09 each nominal value (derivative
instrument)
Identification code
CY0106002112
b) Nature of the transaction Grant of market value share options pursuant to The Atalaya Mining Long-Term
Incentive Plan 2020 with an exercise price of 460.35 pence per share
c) Price(s) and volume(s) Price(s) Volumes(s)
Nil consideration at grant 400,000
d) Aggregated information N/A - single transaction
e) Date of the transaction 09/07/2025
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
N/A - single transaction
e)
Date of the transaction
09/07/2025
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 Options over Ordinary Shares of €0.09 each nominal value (derivative
instrument)
Identification code
CY0106002112
b) Nature of the transaction Grant of market value share options pursuant to The Atalaya Mining Long-Term
Incentive Plan 2020 with an exercise price of 460.35 pence per share
c) Price(s) and volume(s) Price(s) Volumes(s)
Nil consideration at grant 400,000
d) Aggregated information N/A - single transaction
e) Date of the transaction 09/07/2025
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
N/A - single transaction
e)
Date of the transaction
09/07/2025
f)
Place of the transaction
Outside of a trading venue
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