Director/PDMR Shareholding

RNS Number : 1150I

Hochschild Mining PLC

30 March 2020

 

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30 March 2020

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 acquired 182,941 Shares on 30 March 2020 for nil consideration following the partial vesting of the final tranche of an award of conditional shares granted in 2014 under the Company's Enhanced Long Term Incentive Plan.  Following the acquisition, Mr Bustamante has a holding of 1,791,570 Shares, representing 0.35% of the Company's issued share capital.

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	Ignacio Bustamante
2	Reason for the notification
a)	Position/status	CEO
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	Acquisition of Ordinary Shares following the partial vesting of the final tranche of an award of conditional shares granted in 2014 under the Hochschild Mining plc Enhanced Long Term Incentive Plan
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 182,941
e)	Aggregated information -   Aggregated volume         -   Aggregated Price	182,941 £0.00
f)	Date of the transaction	2020-03-30
g)	Place of the transaction	London Stock Exchange

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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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