Results of the 2024 Annual General Meeting

Atalaya Mining PLC

27 June 2024

 

 

27 June 2024

Atalaya Mining Plc.

("Atalaya" or "the Company")

Results of the 2024 Annual General Meeting

Atalaya Mining Plc (LSE: ATYM) is pleased to announce that all of the resolutions proposed at the Company's Annual General Meeting, held today, were duly passed.

The detailed results of the proxy votes received are set out below:

Resolution		Total Proxy Votes	Votes For		Votes Against		Votes Withheld / non votes
			Number	%	Number	%
1	Approval of the Financial Statements as at 31 December 2023	94,677,298	94,606,266	100%	71,032	0%	1,715
2	Re-election of Mr. Roger Davey	94,677,300	94,049,714	99%	627,586	1%	1,713
3	Re-election of Mr. Alberto Lavandeira	94,677,300	94,414,204	100%	263,096	0%	1,713
4	Re-election of Mr. Jesus Fernandez	94,126,254	83,645,031	89%	10,481,223	11%	552,759
5	Re-election of Mr. Hussein Barma	94,677,300	89,477,933	95%	5,199,367	5%	1,713
6	Re-election of Mr. Neil Gregson	94,677,300	86,131,705	91%	8,545,595	9%	1,713
7	Re-election of Mr. Stephen Scott	94,677,300	89,116,620	94%	5,560,680	6%	1,713
8	Re-election of Ms. Kate Harcourt	94,677,300	89,149,995	94%	5,527,305	6%	1,713
9	Re-election of Ms. Carole Whittall	94,677,300	94,615,137	100%	62,163	0%	1,713
10	Appointment of PricewaterhouseCoopers Ltd	94,678,966	94,614,931	100%	64,035	0%	47
11	To declare a final dividend for the financial year ended 31 December 2023	94,677,300	94,660,202	100%	17,098	0%	1,713
12	Approval of Directors' remuneration report	94,677,828	68,102,204	72%	26,575,624	28%	1,185
13	Approval of Directors' remuneration policy	94,677,828	63,485,819	67%	31,192,009	33%	1,185
14	Authorise the Directors to grant awards under the LTIP	90,317,268	68,798,135	76%	21,519,133	24%	4,361,745
15	To authorise the Directors to allot ordinary shares in the capital	94,677,298	94,614,657	100%	62,641	0%	1,715
16	To amend the Articles of Association	94,677,298	94,615,135	100%	62,163	0%	1,715
17	Approval of Cross-Border Conversion to Spain	94,678,966	94,660,036	100%	18,930	0%	47
18	Submission of application to the Nicosia District Court	94,678,966	94,660,202	100%	18,764	0%	47
19	Application and submission of all necessary tax returns with the authorities in Cyprus	94,678,966	94,660,202	100%	18,764	0%	47
20	Delegation of powers	94,677,300	94,614,927	100%	62,373	0%	1,746

Although the Company is pleased that all resolutions were passed at today's AGM, the Board of Directors note that more than 20% of the proxy votes cast were voted against Resolution 12 (Approval of Directors' remuneration report), Resolution 13 (Approval of Directors' remuneration policy) and Resolution 14 (Authorise the Directors to grant awards under the LTIP).

As disclosed in its 2023 Annual Report, the Company is in the process of implementing a series of changes related to remuneration over the course of 2024.

The Board of Directors intends to engage with the shareholders who were opposed to the resolutions and will provide an update on the consultations within six months as required by the UK Corporate Governance Code.

Contacts:

SEC Newgate UK	Elisabeth Cowell / Tom Carnegie / Matthew Elliott	[phone]
Atalaya Mining	Michael Rechsteiner	[phone]

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

 

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