Atalaya Mining PLC Issue of Equity (9217I)
December 17 2020 - 1:00AM
UK Regulatory
TIDMATYM
RNS Number : 9217I
Atalaya Mining PLC
17 December 2020
17 December 2020
Atalaya Mining Plc.
("Atalaya" or the "Company")
Issue of Equity
Atalaya Mining Plc (AIM:ATYM, TSX:AYM) announces that it has
issued 801,583 ordinary shares ("Ordinary Shares") pursuant to an
exercise of share options and obligations owed to certain
employees.
The Company has been notified that certain employees have
exercised options over 768,250 ordinary shares of 7.5p in the
Company ("Option Shares") and the Company has also satisfied a
prior obligation to an employee through the issue of a further
33,333 new ordinary shares of 7.5p in the Company ("Employee
Shares").
Application has been made for the 801,583 new Ordinary Shares to
be admitted to trading on AIM (the "Admission") and the dealings in
the new Ordinary Shares are expected to commence on or around 22
December 2020.
Following the issue of the new Ordinary Shares, which will rank
pari passu with all existing Ordinary Shares, the total number of
Ordinary Shares in issue is 138,140,709. This figure may be used by
shareholders as the denominator for calculations to determine
whether they are required to notify their interest in the
Company.
Contacts:
Elisabeth Cowell / Adam Lloyd / + 44 20 3757
Newgate Communications Tom Carnegie 6880
+44 20 3170
4C Communications Carina Corbett 7973
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Canaccord Genuity
(NOMAD and Joint Henry Fitzgerald-O'Connor / James +44 20 7523
Broker) Asensio 8000
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BMO Capital Markets Tom Rider / Michael Rechsteiner +44 20 7236
(Joint Broker) / Neil Elliot 1010
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Peel Hunt LLP +44 20 7418
(Joint Broker) Ross Allister / David McKeown 8900
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About Atalaya Mining Plc
Atalaya is an AIM and TSX-listed mining and development group
which produces copper concentrates and silver by-product at its
wholly owned Proyecto Riotinto site in southwest Spain. In
addition, the Group has a phased, earn-in agreement for up to 80%
ownership of Proyecto Touro, a brownfield copper project in the
northwest of Spain. For further information, visit
www.atalayamining.com
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