Hochschild Mining PLC Director/PDMR Shareholding (3867Q)

TIDMHOC

RNS Number : 3867Q

Hochschild Mining PLC

25 February 2021

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25 February 2021

Director/PDMR Shareholding

Hochschild Mining PLC (the "Company") announces a change in the interests of Ignacio Bustamante, CEO and an Executive Director of the Company, in the Company's Ordinary Shares ("Shares").

Mr Bustamante sold a total of 577,455 Shares between 18 and 24 February 2021 to meet personal tax liabilities and as part of his long- term financial planning. He has informed the Company that he has no plans to make further sales of his holding in the Company for a period of at least 12 months.

Following the sales, Mr Bustamante has a holding of 1,214,115 Shares.

Information on the sales detailed in the relevant Notification of Dealing Forms can be found below.

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

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               Ordinary Shares of 25p each (trading OTC as 
       financial instrument,            HCHDF) 
       type of instrument 
     -------------------------------  -------------------------------------------- 
      Identification code              GB00B1FW5029 
     -------------------------------  -------------------------------------------- 
 b)   Nature of the transaction        Sale of shares 
     -------------------------------  -------------------------------------------- 
 c)   Currency                         USD 
     -------------------------------  -------------------------------------------- 
 d)   Price(s) and volume(s)             Date          Price(s)   Volume(s) 
                                          18-02-2021    2.98       227,455 
                                          22-02-2021    3.01       100,000 
                                          24-02-2021    3.18       100,000 
                                          24-02-2021    3.18       150,000 
                                                       ---------  ---------- 
     -------------------------------  -------------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume               577,455 
        *    Aggregated Price            US$ 1,774,708.26 
     -------------------------------  -------------------------------------------- 
 f)   Place of the transaction         US OTC Market 
     -------------------------------  -------------------------------------------- 
 

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Enquiries:

Hochschild Mining PLC

Raj Bhasin [phone]

Company Secretary

Hudson Sandler

Charlie Jack [phone]

Public Relations

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About Hochschild Mining PLC

Hochschild Mining PLC is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over fifty years' experience in the mining of precious metal epithermal vein deposits and currently operates three underground epithermal vein mines, two located in southern Peru and one in southern Argentina. Hochschild also has numerous long-term projects throughout the Americas.

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LEI: 549300JK10TVQ3CCJQ89

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February 25, 2021 09:00 ET (14:00 GMT)