Issue of Equity

RNS Number : 6296Z

Atalaya Mining PLC

26 January 2022

 

26 January 2022

Atalaya Mining Plc.

("Atalaya" or the "Company")

Issue of Equity

Atalaya Mining Plc (AIM:ATYM, TSX:AYM) announces that it has issued 1,620,750 ordinary shares of 7.5p in the Company ("Option Shares") pursuant to an exercise of share options by PDMRs and senior employees of the Company.

Application has been made for the Option Shares to be admitted to trading on AIM (the "Admission") on or around 31 January 2022.

Following the issue of the Option Shares, which will rank pari passu with all existing ordinary shares, the total number of ordinary shares in issue is 139,856,709. This figure may be used by shareholders as the denominator for calculations to determine whether they are required to notify their interest in the Company.

The share options executed by PDMRs are as follows:

Name of PDMR	Share options exercised on 25/01/2022	Number of Share options remaining following exercise	Total number of Ordinary Shares held following this transaction
Alberto Lavandeira	150,000	1,400,000	430,000
Enrique Delgado	550,000	200,000	550,000
Cesar Sanchez	650,000	100,000	650,000

Set out below is the information required by Article 19(3) of the EU Market Abuse Regulation No 596/2014:

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Alberto Lavandeira
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Atalaya Mining Plc
b)	LEI	549300QNQPXVRXGXOX56
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 Identification code	Share option exercise CY0106002112
b)	Nature of the transaction	Share option Exercise
c)	Price(s) and volume(s)	144.0p and 150,000 shares
d)	Aggregated information	GBP 216,000.00 - 150,000 shares
e)	Date of the transaction	25/01/2022
f)	Place of the transaction	London Stock Exchange

:

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Enrique Delgado
2	Reason for the notification
a)	Position/status	General manager Proyecto Riotinto
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Atalaya Mining Plc
b)	LEI	549300QNQPXVRXGXOX56
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 Identification code	Share option exercise CY0106002112
b)	Nature of the transaction	Share option exercise
c)	Price(s) and volume(s)	147.5p and 150,000 shares 204.5p and 400,000 shares
d)	Aggregated information	GBP 1,039,250.00- 550,000 shares
e)	Date of the transaction	25/01/2022
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Cesar Sanchez
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Atalaya Mining Plc
b)	LEI	549300QNQPXVRXGXOX56
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 Identification code	Share option exercise CY0106002112
b)	Nature of the transaction	Share option exercise
c)	Price(s) and volume(s)	144.0p and 100,000 shares 201.5p and 250,000 shares 147.5p and 200,000 shares 309.0p and 100,000 shares
d)	Aggregated information	GBP 1,251,750.00- 650,000 shares
e)	Date of the transaction	25/01/2022
f)	Place of the transaction	London Stock Exchange

Contacts:

SEC Newgate UK	Elisabeth Cowell / Tom Carnegie	+ 44 20 3757 6880
4C Communications	Carina Corbett	[phone]
Canaccord Genuity (NOMAD and Joint Broker)	Henry Fitzgerald-O'Connor / James Asensio	[phone]
BMO Capital Markets (Joint Broker)	Tom Rider / Andrew Cameron	[phone]
Peel Hunt LLP (Joint Broker)	Ross Allister / David McKeown	[phone]

About Atalaya Mining Plc

Atalaya is an AIM and TSX-listed mining and development group which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest Spain. Atalaya's current operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a centralised processing hub for ore sourced from its wholly owned regional projects around Riotinto that include Proyecto Masa Valverde and Proyecto Riotinto East. In addition, the Group has a phased, earn-in agreement for up to 80% ownership of Proyecto Touro, a brownfield copper project in the northwest of Spain. For further information, visit www.atalayamining.com

 

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