Hochschild Mining PLC Director/PDMR Shareholding (3867Q)
February 25 2021 - 8:00AM
UK Regulatory
TIDMHOC
RNS Number : 3867Q
Hochschild Mining PLC
25 February 2021
________________________________________________________________________________________
25 February 2021
Director/PDMR Shareholding
Hochschild Mining PLC (the "Company") announces a change in the
interests of Ignacio Bustamante, CEO and an Executive Director of
the Company, in the Company's Ordinary Shares ("Shares").
Mr Bustamante sold a total of 577,455 Shares between 18 and 24
February 2021 to meet personal tax liabilities and as part of his
long- term financial planning. He has informed the Company that he
has no plans to make further sales of his holding in the Company
for a period of at least 12 months.
Following the sales, Mr Bustamante has a holding of 1,214,115
Shares.
Information on the sales detailed in the relevant Notification
of Dealing Forms can be found below.
This announcement is made in accordance with Article 19 of the
EU Market Abuse Regulation 596/2014.
Notification of transactions of persons discharging managerial
responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Ignacio Bustamante
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2 Reason for the notification
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a) Position/status CEO
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b) Initial notification/Amendment Initial notification
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3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a) Name Hochschild Mining PLC
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b) LEI 549300JK10TVQ3CCJQ89
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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 Ordinary Shares of 25p each (trading OTC as
financial instrument, HCHDF)
type of instrument
------------------------------- --------------------------------------------
Identification code GB00B1FW5029
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b) Nature of the transaction Sale of shares
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c) Currency USD
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d) Price(s) and volume(s) Date Price(s) Volume(s)
18-02-2021 2.98 227,455
22-02-2021 3.01 100,000
24-02-2021 3.18 100,000
24-02-2021 3.18 150,000
--------- ----------
------------------------------- --------------------------------------------
e) Aggregated information
- Aggregated volume 577,455
* Aggregated Price US$ 1,774,708.26
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f) Place of the transaction US OTC Market
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________________________________________________________________________________________
Enquiries:
Hochschild Mining PLC
Raj Bhasin +44 (0)20 3709 3263
Company Secretary
Hudson Sandler
Charlie Jack +44 (0)20 7796 4133
Public Relations
________________________________________________________________________________________
About Hochschild Mining PLC
Hochschild Mining PLC is a leading precious metals company
listed on the London Stock Exchange (HOCM.L / HOC LN) with a
primary focus on the exploration, mining, processing and sale of
silver and gold. Hochschild has over fifty years' experience in the
mining of precious metal epithermal vein deposits and currently
operates three underground epithermal vein mines, two located in
southern Peru and one in southern Argentina. Hochschild also has
numerous long-term projects throughout the Americas.
________________________________________________________________________________________
LEI: 549300JK10TVQ3CCJQ89
- ends -
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