Atalaya Mining PLC Director share purchase (0225E)

TIDMATYM

RNS Number : 0225E

Atalaya Mining PLC

25 February 2020

25 February 2020

Atalaya Mining Plc

("Atalaya", "Company" and/or the "Group")

Director share purchase and Director/PDMR Shareholding

Atalaya Mining Plc (AIM: ATYM; TSX: AYM), the European mining and development company, announces that it was notified on 24 February 2020, that Alberto Lavandeira, Chief Executive Officer and Managing Director of the Company, purchased 30,000 ordinary shares in Atalaya at an average price of 176.0 pence per share.

Following the purchase of these shares Mr Lavandeira is interested in an aggregate of 240,000 ordinary shares of the Company representing 0.17% of the current issues share capital.

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

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                   Alberto Lavandeira 
     -------------------------------------  -------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                        CEO and Managing Director 
     -------------------------------------  -------------------------------- 
 b)   Initial notification/Amendment         Initial notification 
     -------------------------------------  -------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   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 place where transactions 
       have been conducted 
     ----------------------------------------------------------------------- 
 a)   Description of the financial           Share purchase 
       instrument, type of instrument 
       Identification code                    CY0106002112 
     -------------------------------------  -------------------------------- 
 b)   Nature of the transaction              Share purchase 
     -------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)                 GBP 1.760 and 30,000 shares 
     -------------------------------------  -------------------------------- 
 d)   Aggregated information                 GBP 52,800 
     -------------------------------------  -------------------------------- 
 e)   Date of the transaction                21 February 2020 
     -------------------------------------  -------------------------------- 
 f)   Place of the transaction               London Stock Exchange 
     -------------------------------------  -------------------------------- 
 

About Atalaya Mining Plc

Atalaya is an AIM and TSX-listed mining and development group which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest Spain. In addition, the Group has a phased, earn-in agreement for up to 80% ownership of Proyecto Touro, a brownfield copper project in the northwest of Spain which is currently in the permitting stage. For further information, visit www.atalayamining.com

This announcement contains information which, prior to its publication constituted inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Contacts:

 
                                  Elisabeth Cowell / Adam            + 44 20 3757 
 Newgate Communications            Lloyd / Tom Carnegie               6880 
                                                                     [phone] 
 4C Communications                Carina Corbett                      7973 
                                 ---------------------------------  ------------- 
 Canaccord Genuity (NOMAD         Henry Fitzgerald-O'Connor          [phone] 
  and Joint Broker)                / James Asensio                    8000 
                                 ---------------------------------  ------------- 
 BMO Capital Markets (Joint       Tom Rider / Michael Rechsteiner    [phone] 
  Broker)                          / Neil Elliot                      1010 
                                 ---------------------------------  ------------- 
                                                                     [phone] 
 Peel Hunt LLP (Joint Broker):    Ross Allister / David McKeown       8900 
                                 ---------------------------------  ------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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February 25, 2020 02:04 ET (07:04 GMT)