Hochschild Mining PLC Director/PDMR Shareholding (0001A)

TIDMHOC

RNS Number : 0001A

Hochschild Mining PLC

20 March 2017

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: [phone]

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 
---  -------------------------------  ------------------------------------ 
 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                   Ordinary Shares of 25 pence 
       the financial                    each 
       instrument, type 
       of instrument 
---  -------------------------------  ------------------------------------ 
      Identification                   GB00B1FW5029 
       code 
---  -------------------------------  ------------------------------------ 
 b)   Nature of the                    Disposal of shares through 
       transaction                      a block trade managed by 
                                        J.P. Morgan Securities PLC 
---  -------------------------------  ------------------------------------ 
 c)   Currency                         GBP 
---  -------------------------------  ------------------------------------ 
 d)   Price(s) and                       Price(s)   Volume(s) 
       volume(s)                         ---------  ----------- 
                                          2.70       15,500,000 
                                         ---------  ----------- 
---  -------------------------------  ------------------------------------ 
 e)   Aggregated information 
       - Aggregated                      15,500,000 
       volume                            GBP41,850,000.00 
        *    Aggregated Price 
---  -------------------------------  ------------------------------------ 
 f)   Date of the transaction          2017-03-17 
---  -------------------------------  ------------------------------------ 
 g)   Place of the                     Outside a trading venue. 
       transaction                      Private placement to institutional 
                                        investors 
---  -------------------------------  ------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 20, 2017 13:13 ET (17:13 GMT)