Director/PDMR Shareholding

RNS Number : 0001A

Hochschild Mining PLC

20 March 2017

 

Director/PDMR Shareholding

Hochschild Mining plc (the "Company") announces the change detailed below in the interests of Eduardo Hochschild, Chairman of the Company, in the Company's Ordinary Shares ("Shares").

On 17 March 2017, Pelham Investment Corporation, an entity indirectly controlled by Eduardo Hochschild, sold 15,500,000 Shares.

A copy of the relevant Notification of Dealing Form can be found below. 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

Raj Bhasin

Company Secretary

Tel: [phone]

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	Pelham Investment Corporation
2	Reason for the notification
a)	Position/status	Notification concerns a person closely associated with Eduardo Hochschild, Chairman
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hochschild Mining plc
b)	LEI
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	Ordinary Shares of 25 pence each
	Identification code	GB00B1FW5029
b)	Nature of the transaction	Disposal of shares through a block trade managed by J.P. Morgan Securities PLC
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) Volume(s) 2.70 15,500,000
e)	Aggregated information - Aggregated volume -    - Aggregated Price	15,500,000 £41,850,000.00
f)	Date of the transaction	2017-03-17
g)	Place of the transaction	Outside a trading venue. Private placement to institutional investors

 

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