RNS Number : 0435S
Atalaya Mining PLC
12 June 2024
 

A white background with text Description automatically generated 

12 June 2024

Atalaya Mining Plc.

("Atalaya" or "the Company")

Grant of Share Options and PDMR Notification

 

Atalaya Mining Plc (LSE: ATYM) announces that in accordance with the Company's Long Term Incentive Plan 2020 (the "LTIP20") which was approved by shareholders at the Annual General Meeting on 25 June 2020, it has granted 1,305,000 share options (the "Options") to Persons Discharging Managerial Responsibilities ("PDMRs") and other employees.

The Options expire on 10 June 2029, five years from the deemed date of grant (11 June 2024), have an exercise price of 413.5 pence per ordinary share, being the last mid-market closing price on the grant date, and vest in three equal tranches, one third on grant and the balance equally on the first and second anniversary of the grant date.

The 1,305,000 share options have been allocated as per the table below:

 

Name

Position

Number of share options granted

Total number of share options following this notification

Total beneficial holding of shares following this notification

Total beneficial holding (options + ordinary shares) as % of Company's fully diluted issued share capital

Alberto Lavandeira

CEO/Managing Director

400,000

2,000,000

880,000

1.972%

Enrique Delgado

General Manager - Operations

200,000

800,000

--

0.548%

César Sánchez

CFO

200,000

700,000

100,000

0. 548%

 

Total

800,000

3,500,000

980,000

3.068%

Other Employees

505,000

1,967,000



 

Total

1,305,000

5,467,000



 

Following these Options, the Company has granted options over an aggregate of 5,467,000 ordinary shares. 

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

Alberto Lavandeira

2

Reason for the notification

a)

Position/status

CEO

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

Identification code

Share options

 

CY0106002112

b)

Nature of the transaction

Share options grant

c)

Price(s) and volume(s)

 

Exercise Price: 413.5p

Volume: 400,000 share options

d)

Aggregated information

 

n/a

e)

Date of the transaction

11 June 2024

f)

Place of the transaction

Outside 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

General Manager of Operations

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

Identification code

Share options

 

CY0106002112

b)

Nature of the transaction

Share options grant

c)

Price(s) and volume(s)

 

Exercise Price: 413.5p

Volume: 200,000 share options

d)

Aggregated information

 

 n/a

e)

Date of the transaction

11 June 2024

f)

Place of the transaction

Outside a trading venue

 


1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Cesar Sanchez

2

Reason for the notification

a)

Position/status

CFO

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

Identification code

Share options

 

CY0106002112

b)

Nature of the transaction

Share options grant

c)

Price(s) and volume(s)

 

Exercise Price: 413.5p

Volume: 200,000 share options

d)

Aggregated information

 

n/a

e)

Date of the transaction

11 June 2024

f)

Place of the transaction

Outside a trading venue

 

Contacts:

SEC Newgate UK

Elisabeth Cowell / Tom Carnegie / Matthew Elliott

+44 20 3757 6882

Atalaya Mining

Michael Rechsteiner

+34 959 59 28 50

Canaccord Genuity

(Joint Broker)

James Asensio / George Grainger

+44 20 7523 8000

BMO Capital Markets

(Joint Broker)

Tom Rider / Andrew Cameron

+44 20 7236 1010

Peel Hunt LLP

(Joint Broker)

Ross Allister / David McKeown

+44 20 7418 8900

 

About Atalaya Mining Plc

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 (Premium Segment) 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 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHQKDBPOBKDOAD