Atalaya Mining Plc (AIM: ATYM; TSX: AYM) announces that in accordance with the Company’s Long Term Incentive Plan 2020 (the “LTIP20”) which was approved by shareholders at the Annual General Meeting on 25 June 2020, it has granted 1,225,000 share options (the “Options”) to Persons Discharging Managerial Responsibilities (“PDMRs”) and other employees.
The Options expire on 30 June 2027, five years from the deemed date of grant (22 June 2022), have an exercise price of 357.50 pence per ordinary share, being the last mid-market closing price on the grant date, and vest in three equal tranches, one third on grant and the balance equally on the first and second anniversary of the grant date.
The 1,225,000 share options have been allocated as per the table below:
| Name | Position | Number of share options granted | Total number of share options following this notification | Total beneficial holding of shares following this notification | Total beneficial holding (options + ordinary shares) as % of Company’s fully diluted issued share capital |
| Alberto Lavandeira | CEO/Managing Director | 400,000 | 1,800,000 | 430,000 | 1.55% |
| Enrique Delgado | General Manager – Operations | 200,000 | 400,000 | 300,000 | 0.49% |
| César Sánchez | CFO | 200,000 | 300,000 | 350,000 | 0.45% |
| Total | 800,000 | 2,500,000 | 1,080,000 | 2.50% | |
| Other Employees | 425,000 | 1,043,500 | |||
| Total | 1,225,000 | 3,543,500 | |||
Following these Options, the Company has granted options over an aggregate of 3,543,500 ordinary shares.
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 |
| 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 instrument, type of instrument
Identification code |
Share options
CY0106002112 |
| b) | Nature of the transaction | Share options grant |
| c) | Price(s) and volume(s)
|
Price: 357.5p
Volume: 400,000 share options |
| d) | Aggregated information
|
GBP 1,430,000.00 |
| e) | Date of the transaction | 22 June 2022 |
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Enrique Delgado |
| 2 | Reason for the notification | |
| a) | Position/status | General Manager of Operation |
| 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 instrument, type of instrument
Identification code |
Share options
CY0106002112 |
| b) | Nature of the transaction | Share options grant |
| c) | Price(s) and volume(s)
|
Price: 357.5p
Volume: 200,000 share options |
| d) | Aggregated information
|
GBP 715,000.00 |
| e) | Date of the transaction | 22 June 2022 |
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Cesar Sanchez |
| 2 | Reason for the notification | |
| a) | Position/status | CFO |
| 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 instrument, type of instrument
Identification code |
Share options
CY0106002112 |
| b) | Nature of the transaction | Share options grant |
| c) | Price(s) and volume(s)
|
Price: 357.5p
Volume: 200,000 share options |
| d) | Aggregated information
|
GBP 715,000.00 |
| e) | Date of the transaction | 22 June 2022 |
| f) | Place of the transaction | Outside a trading venue |
