Atalaya Mining PLC Granting of Share Options (2922Y)
02 March 2017 - 6:01PM
UK Regulatory
TIDMATYM
RNS Number : 2922Y
Atalaya Mining PLC
02 March 2017
2 March 2017
Atalaya Mining plc ("Atalaya" or the "Company")
Granting of share options
Atalaya (AIM: ATYM, TSX: AYM), the European mining and
development company, announces that, in accordance with the
Company's incentive share option program, it has granted 800,000
incentive share options to Persons Discharging Managerial
Responsibilities ("PDMRs") and management. Such options have been
granted pursuant to the resolutions passed by shareholders at the
Company's 2016 Annual General Meeting ("AGM") and according to the
provisions of the Company's Share Option Plan 2013. In addition,
the Company has granted 100,000 share options to Cesar Sanchez, CFO
of the Company, as part of his contractual entitlement on joining
the Company in July 2016.
The share options expire five years from the date of grant (23
February 2017), have an exercise price of 144.0 pence per share,
based on the minimum share price in the five days preceding the
grant date and vest in three equal tranches - one third on grant,
one third on the first anniversary of the original grant date and
one third on the second anniversary of the original grant date.
The 900,000 share options have been allocated as per the table
below.
Name Position Number Total Total
of beneficial beneficial
incentive holding holding
share (shares as % of
options & options) Company's
issued following fully
this notification diluted
issued
share
capital
CEO/Managing
Alberto Lavandeira Director 150,000 450,000 0.38%
Julian Sanchez COO 95,000 195,000 0.16%
Cesar Sanchez CFO 100,000 100,000 0.08%
GFC and Company
George Hadjineophytou Secretary 55,000 55,000 0.05%
PDMR Total 400,000
Management 500,000
-----------
Total 900,000
===========
The Company now has an aggregate of 1,765,354 options and
warrants on issue.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014.
Contacts:
Atalaya Mining Roger Davey / Alberto +34 959
plc Lavandeira 59 28 50
--------------------- --------------------------- ------------
Canaccord Genuity
(NOMAD and Joint Henry Fitzgerald-O'Connor +44 20 7523
Broker) / Martin Davison 8000
--------------------- --------------------------- ------------
BMO Capital Markets Jeffrey Couch/Neil +44 20 7236
(Joint Broker) Haycock/Tom Rider 1010
--------------------- --------------------------- ------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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