Director/PDMR Shareholding

RNS Number : 9398H

Hochschild Mining PLC

08 December 2020

 

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8 December 2020

Director/PDMR Shareholding

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

On 3 December 2020, Pelham Investment Corporation, an entity indirectly controlled by Eduardo Hochschild, sold 61,665,067 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.

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	549300JK10TVQ3CCJQ89
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 25p 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) 2.00 61,665,067
e)	Aggregated information -   Aggregated volume -  - Aggregated Price	61,665,067 £123,330,134
f)	Date of the transaction	2020-12-03
g)	Place of the transaction	Outside a trading venue; secondary placing to institutional investors

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Enquiries:

Hochschild Mining PLC

Raj Bhasin              [phone]

Company Secretary

Hudson Sandler

Charlie Jack      [phone]

Public Relations

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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.

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LEI: 549300JK10TVQ3CCJQ89

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