Atalaya Mining PLC Grant of Share Options
December 23 2024 - 10:12AM
RNS Regulatory News
RNS Number : 1772R
Atalaya Mining PLC
23 December 2024
23
December 2024
Atalaya Mining
Plc.
("Atalaya" or "the Company")
Grant of Share
Options
Atalaya Mining Plc (LSE: ATYM)
announces that in accordance with the Company's Long Term Incentive
Plan 2020 (the "LTIP2020") which was approved by shareholders at
the Annual General Meeting on 25 June 2020, it has granted 150,000
share options (the "Options") to an employee.
The Options expire on 21 December
2029, five years from the deemed date of grant (22 December 2024),
have an exercise price of 333.50 pence per ordinary share, being
the 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.
As a result, the Company has options
outstanding over an aggregate of 5,423,666 ordinary
shares.
Contacts:
|
SEC Newgate UK
|
Elisabeth Cowell / Tom Carnegie /
Gwen Samuel
|
+44 20
3757 6882
|
|
Atalaya Mining
|
Michael Rechsteiner
|
+34 959 59
28 50
|
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 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 Cobre San Rafael S.L., which fully owns the Proyecto
Touro 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
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END
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