Last checked at 25 Feb 2021 14:00
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25 February 2021
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 sold a total of 577,455 Shares between 18 and 24 February 2021 to meet personal tax liabilities and as part of his long-term financial planning. He has informed the Company that he has no plans to make further sales of his holding in the Company for a period of at least 12 months.
Following the sales, Mr Bustamante has a holding of 1,214,115 Shares.
Information on the sales detailed in the relevant Notification of Dealing Forms 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 (trading OTC as HCHDF)
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| Identification code | GB00B1FW5029 | |||||||||||||||
b) | Nature of the transaction | Sale of shares | |||||||||||||||
c) | Currency | USD | |||||||||||||||
d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - - Aggregated Price |
577,455 US$ 1,774,708.26 | |||||||||||||||
f) | Place of the transaction | US OTC Market | |||||||||||||||
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Enquiries:
Hochschild Mining PLC
Raj Bhasin +44 (0)20 3709 3263
Company Secretary
Hudson Sandler
Charlie Jack +44 (0)20 7796 4133
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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