Hochschild Mining PLC Director/PDMR Shareholding (7517A)

TIDMHOC

RNS Number : 7517A

Hochschild Mining PLC

02 January 2018

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: [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                              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                    Ordinary Shares of 25p each 
        the financial 
        instrument, type 
        of instrument 
----  --------------------------------  -------------------------------- 
       Identification                    GB00B1FW5029 
        code 
----  --------------------------------  -------------------------------- 
 b)    Nature of the                     Acquisition of Ordinary Shares 
        transaction                       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                        Price(s)   Volume(s) 
        volume(s)                          ---------  ---------- 
                                            0.00       298,314 
                                           ---------  ---------- 
----  --------------------------------  -------------------------------- 
 e)    Aggregated information 
   - Aggregated 
    volume                                298,314 
    *    Aggregated Price                  0.00 
 -------------------------------------  -------------------------------- 
 f)    Date of the transaction           30-12-2017 
----  --------------------------------  -------------------------------- 
 g)    Place of the                      London Stock Exchange 
        transaction 
----  --------------------------------  -------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 02, 2018 09:54 ET (14:54 GMT)