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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
(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 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 Ordinary Shares of €0.09 each nominal value
Identification code 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
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 Ordinary Shares of €0.09 each nominal value
Identification code 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
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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