Atalaya Mining PLC Announces Stock Option Grant and PDMR Notification


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Allocation of stock options and Director/PDMR notification

NICOSIA, CYPRUS /ACCESSWIRE/ January 27, 2022 / Atalaya Mining Plc. (“Atalaya” or the “Company”) (AIM:ATYM);(TSX:AYM) announces that, pursuant to the Company’s Long Term Inventive Plan 2020 (the “LTIP20”), it has granted 120,000 stock options (the “Options”) to Luis Rodriguez Pevida, his business development director.

The options expire ten years from the deemed grant date (January 26, 2022), have an exercise price of 416.0 pence per ordinary share, based on the five-day average closing market price. immediately preceding the grant date, and vest in two equal tranches, half at grant and the other half on the first anniversary of the grant date.

The details of the stock options are shown in the table below:

Last name Position

Number of stock options granted

Total number of stock options following this notification

Total effective holding of ordinary shares following this notification

Total beneficial ownership (options + ordinary shares) as % of the fully diluted issued share capital of the Company

Luis Rodriguez Pevida Business development manager

120,000

120,000

0.08%

Total

120,000

120,000

0.08%

Following these allocations, the Company granted options on a total of 2,341,000 ordinary shares, equivalent to 1.67% of the issued share capital of the Company.

Below is the information required by Article 19(3) of the EU Market Abuse Regulation No. 596/2014:

1

Contact details of the person discharging managerial responsibilities/person closely associated

a)

Last name

Luis Rodriguez Pevida

2

Reason for notification

a)

Function/status

Business development manager

b)

Initial Notification/Amendment

Initial notice

3

Contact details of issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Last 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 location where transactions were conducted

a)

Description of the financial instrument, type of instrument

Identification code

Sharing options

CY0106002112

b)

Nature of the operation

Grant of stock options

vs)

Price(s) and volume(s)

416.0p and 120,000 stock options

D)

Aggregated information

£499,200.00

e)

Transaction date

01/26/2022

F)

Place of transaction

London Stock Exchange

contacts:

SEC Newgate UK Elizabeth Cowell / Tom Carnegie

+ 44 20 3757 6880

4C communications Carina Corbett

+44 20 3170 7973

Canaccord Genuity
(NOMAD and co-broker)
Henry Fitzgerald-O’Connor / James Asensio

+44 20 7523 8000

BMO Capital Markets
(joint broker)
Tom Rider / Andrew Cameron

+44 20 7236 1010

Peel Hunt LLP
(joint broker)
Ross Allister/David McKeown

+44 20 7418 8900

About Atalaya Mining Plc
Atalaya is an AIM and TSX listed mining and development group that produces copper concentrates and silver by-products at its wholly-owned Proyecto Riotinto site in southwestern Spain. Atalaya’s current operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a centralized processing center for ore from its wholly-owned regional projects around Riotinto, notably Proyecto Masa Valverde and Proyecto Riotinto East. In addition, the Group has entered into a step acquisition agreement for an up to 80% stake in Proyecto Touro, a disused copper project in northwest Spain. For more information, visit www.atalayamining.com

This information is provided by RNS, the information service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a primary information provider in the UK. Terms and conditions relating to the use and distribution of this information may apply. For more information, please contact [email protected] or visit www.rns.com.

THE SOURCE: Atalaya Mining PLC

See the source version on accesswire.com:
https://www.accesswire.com/685772/Atalaya-Mining-PLC-Announces-Granting-of-share-options-and-PDMR-Notification

About William J. Harris

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