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Last checked at 
30 May 2019 07:00
30 May 2019
Atalaya Mining Plc
("Atalaya", "Company" and/or the "Group")
Director share purchase, granting of share options and Director/PDMR Shareholding
Atalaya Mining Plc (AIM: ATYM; TSX: AYM), the European mining and development company, announces that it was notified on 29 May 2019, that Alberto Lavandeira, Chief Executive Officer and Managing Director of the Company, purchased 50,000 ordinary shares in Atalaya at an average price of 206.5 pence per share.
In addition, the Company announces that, in accordance with the Company's approved Share Option Plan 2013 (the "Option Plan"), it has granted 1,500,000 share options (the "Options") to Persons Discharging Managerial Responsibilities ("PDMRs") and management.
The Options expire five years from the date of grant (29 May 2019), have an exercise price of 201.5 pence per ordinary share, based on the minimum share price in the five days preceding the grant date, and vest in two equal tranches, half on grant and half on the first anniversary of the granting date.
The 1,500,000 share options have been allocated as per the table below:
Name | Position | Number of share options granted | Total number of share options following this notification | Total beneficial holding of shares following this notification | Total beneficial holding (options + ordinary shares) as % of Company's fully diluted issued share capital |
Alberto Lavandeira | CEO/Managing Director | 600,000 | 750,000 | 210,000 | 0.69% |
Julian Sánchez | COO | 400,000 | 595,000 | - | 0.43% |
César Sánchez | CFO | 250,000 | 350,000 | - | 0.25% |
Total | 1,250,000 | 1,695,000 | 210,000 | 1.36% | |
Other Management | 250,000 | 718,000 | |||
Total | 1,500,000 | 2,413,000 |
Following these grants, the Company has granted options over an aggregate of 2,413,000 ordinary shares.
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 | CEO and Managing 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 purchase
CY0106002112 |
b) | Nature of the transaction | Share purchase |
c) | Price(s) and volume(s)
| Price: £2.065 Volume: 50,000 shares |
d) | Aggregated information
| Price: £2.065 Volume: 50,000 shares |
e) | Date of the transaction | 29 May 2019 |
f) | Place of the transaction | London Stock Exchange |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Alberto Lavandeira |
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 | 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 options
CY0106002112 |
b) | Nature of the transaction | Share options grant |
c) | Price(s) and volume(s)
| Price: £2.015 Volume: 600,000 share options |
d) | Aggregated information
| Price: £2.015 Volume: 600,000 share options |
e) | Date of the transaction | 29 May 2019 |
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Julian Sanchez |
2 | Reason for the notification | |
a) | Position/status | COO |
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 options
CY0106002112 |
b) | Nature of the transaction | Share options grant |
c) | Price(s) and volume(s)
| Price: £2.015 Volume: 400,000 share options |
d) | Aggregated information
| Price: £2.015 Volume: 400,000 share options |
e) | Date of the transaction | 29 May 2019 |
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Cesar Sanchez |
2 | Reason for the notification | |
a) | Position/status | CFO |
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 options
CY0106002112 |
b) | Nature of the transaction | Share options grant |
c) | Price(s) and volume(s)
| Price: £2.015 Volume: 250,000 share options |
d) | Aggregated information
| Price: £2.015 Volume: 250,000 share options |
e) | Date of the transaction | 29 May 2019 |
f) | Place of the transaction | Outside a trading venue |
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. 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 which is currently in the permitting stage. For further information, visit www.atalayamining.com
This announcement contains information which, prior to its publication constituted inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Contacts:
Newgate Communications | Elisabeth Cowell / Adam Lloyd / Tom Carnegie | + 44 20 3757 6880 |
4C Communications | Carina Corbett | +44 20 3170 7973 |
Canaccord Genuity (NOMAD and Joint Broker) | Henry Fitzgerald-O'Connor / James Asensio | +44 20 7523 8000 |
BMO Capital Markets (Joint Broker) | Jeffrey Couch / Tom Rider / Michael Rechsteiner | +44 20 7236 1010 |
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