2 Jan 2018 14:54
Director/PDMR Shareholding
Hochschild Mining plc (the "Company") announces a change in the interests of Ignacio Bustamante, an Executive Director of the Company, in the Company's Ordinary Shares ("Shares").
Ignacio Bustamante has acquired 298,314 Shares for nil consideration following the vesting of the second tranche of conditional shares under the Company's Restricted Share Plan ("RSP") on 30 December 2017.
A copy of the relevant Notification of Dealing Form can be found below.
The Company confirms that the sale, by Ignacio Bustamante, of 90,000 Shares which was announced on 28 December 2017, was to cover the tax liability on the vesting of the RSP award detailed above.
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 | 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 vesting of an award of conditional shares granted under the Hochschild Mining plc Restricted Share Plan | ||||
c) | Currency | GBP | ||||
d) | Price(s) and volume(s) |
| ||||
e) | Aggregated information - Aggregated volume - - Aggregated Price |
298,314 0.00 | ||||
f) | Date of the transaction | 30-12-2017 | ||||
g) | Place of the transaction | London Stock Exchange | ||||
Hochschild (HOC)