22
May 2024
Atalaya Mining
Plc.
("Atalaya" or "the Company")
Additional Listing and PDMR
Share Dealings
Exercise of share
options
Atalaya Mining Plc (LSE: ATYM)
announces that it has issued 600,000 ordinary shares of 7.5p in the
Company ("Option Shares") pursuant to the exercise of share options
by Mr. Alberto Lavandeira, CEO, who is a person discharging
managerial responsibilities ("PDMR"). These options were issued as
part of the Company's long term incentive plan and were due to
expire on 28 May 2024.
An application has been made to the
Financial Conduct Authority ("FCA") and the London Stock Exchange
("LSE") for the listing of the Option Shares to be admitted to the
Official List of the FCA and to trading on the LSE. The Option
Shares are expected to be admitted to trading on the LSE from
8:00am BST on 29 May 2024 ("Admission"). The Option Shares will
rank pari passu with the ordinary shares already in
issue.
Immediately following Admission, and
in accordance with FCA Disclosure Guidance and Transparency Rule
5.6.1, the Company's total issued share capital will comprise of
140,565,709 ordinary shares.
In addition, the Company has been
notified on 22 May 2024 that Mr. Alberto Lavandeira, a PDMR, had
sold 150,000 ordinary shares in Atalaya at an average price of
482.45 pence per share (the "Share Sale"). The Company was informed
by Mr. Lavandeira that proceeds from the Share Sale will be
principally used to settle personal income tax liabilities that
will result from the exercise of the Option Shares. Following the
issuance of the Options Shares and the share sale, Mr. Lavandeira's
ownership of ordinary shares in the Company will increase from
430,000 ordinary shares to 880,000 ordinary shares,
representing 0.63% of the
Company's issued share capital.
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
|
Ordinary shares of 7.5p
CY0106002112
|
|
b)
|
Nature of the transaction
|
Exercise of options and share
disposal
|
|
c)
|
Price(s) and volume(s)
|
Exercise of Options:
|
Volume
|
Exercise Price
|
|
600,000
|
201.5p
|
Share Disposal:
|
Volume
|
Exercise Price
|
|
50,000
|
482.03p
|
|
100,000
|
482.66p
|
|
|
d)
|
Aggregated information
|
Exercise of Options:
Exercise Price: 201.5p
Volume: 600,000
Share Disposal:
Price: 482.45p
Volume: 150,000 shares
|
|
e)
|
Date of the transaction
|
22/05/2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
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