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10 Jul 2025 07:00
10 July 2025
Atalaya Mining Copper, S.A.
("Atalaya" or "the Company")
Director/PDMR Shareholding
Atalaya Mining Copper, S.A. (LSE: ATYM) announces that it has granted market value share options ("Options") over the ordinary shares of €0.09 each in the capital of the Company ("Shares") pursuant to The Atalaya Mining Long-Term Incentive Plan 2020, as set out in the table below:
Name | Role | Total № of Shares subject the Options |
Alberto Lavandeira | Chief Executive Officer (Director) | 800,000 |
César Sánchez | Chief Financial Officer (PDMR) | 400,000 |
Enrique Delgado | General Manager Riotinto (PDMR) | 400,000 |
The exercise price of the Options is 460.35 pence per ordinary share, being the average of the mid-market closing price on the five dealing days before the grant date.
The Shares under Option are due to vest in three tranches, with 1/6th vesting on grant, 1/3rd on the first anniversary of grant and the remaining 50% on the second anniversary of grant. Vesting of each tranche of the Options is also subject to assessment by the Remuneration Committee of an underpin condition, as summarised in the Directors' Remuneration Report on page 100 of the Company's 2024 Annual Report and Financial Statements.
The Options will normally expire on 9 July 2030, five years from the date of grant.
Further details are set out in the notification in the appendix, made in accordance with the requirements of the EU Market Abuse Regulation (EU) № 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.
Contacts:
SEC Newgate UK | Elisabeth Cowell / Tom Carnegie / Gwen Samuel | +44 20 3757 6882 |
Atalaya Mining | Michael Rechsteiner | +34 959 59 28 50 |
About Atalaya Mining Copper, S.A.
Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya's shares trade on the London Stock Exchange's Main Market under the symbol "ATYM" and Atalaya is a FTSE 250 Index constituent.
Atalaya's operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly-owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East. In addition, Atalaya has a phased earn-in agreement for up to 80% ownership of Cobre San Rafael S.L., which fully owns Proyecto Touro, a brownfield copper project in the northwest of Spain, as well as a 99.9% interest in Proyecto Ossa Morena. For further information, please visit www.atalayamining.com.
Appendix
Notification and public disclosure 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 | Alberto Lavandeira | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive 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 Copper, S.A. | ||||
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 | Options over Ordinary Shares of €0.09 each nominal value (derivative instrument) CY0106002112 | ||||
b) | Nature of the transaction | Grant of market value share options pursuant to The Atalaya Mining Long-Term Incentive Plan 2020 with an exercise price of 460.35 pence per share
| ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information | N/A - single transaction | ||||
e) | Date of the transaction | 09/07/2025 | ||||
f) | Place of the transaction | Outside of a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | César Sánchez | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
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 Copper, S.A. | ||||
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 | Options over Ordinary Shares of €0.09 each nominal value (derivative instrument) CY0106002112 | ||||
b) | Nature of the transaction | Grant of market value share options pursuant to The Atalaya Mining Long-Term Incentive Plan 2020 with an exercise price of 460.35 pence per share
| ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information | N/A - single transaction | ||||
e) | Date of the transaction | 09/07/2025 | ||||
f) | Place of the transaction | Outside of a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Enrique Delgado | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
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 Copper, S.A. | ||||
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 | Options over Ordinary Shares of €0.09 each nominal value (derivative instrument) CY0106002112 | ||||
b) | Nature of the transaction | Grant of market value share options pursuant to The Atalaya Mining Long-Term Incentive Plan 2020 with an exercise price of 460.35 pence per share | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information | N/A - single transaction | ||||
e) | Date of the transaction | 09/07/2025 | ||||
f) | Place of the transaction | Outside of a trading venue | ||||
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