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20 Mar 2017 17:13
Director/PDMR Shareholding
Hochschild Mining plc (the "Company") announces the change detailed below in the interests of Eduardo Hochschild, Chairman of the Company, in the Company's Ordinary Shares ("Shares").
On 17 March 2017, Pelham Investment Corporation, an entity indirectly controlled by Eduardo Hochschild, sold 15,500,000 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.
Raj Bhasin
Company Secretary
Tel: 020 3709 3260
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 |
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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 25 pence 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) |
| ||||
e) | Aggregated information - Aggregated volume - - Aggregated Price |
15,500,000 £41,850,000.00 | ||||
f) | Date of the transaction | 2017-03-17 | ||||
g) | Place of the transaction | Outside a trading venue. Private placement to institutional investors | ||||
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