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