Atalaya Mining Plc (AIM: ATYM; TSX: AYM) announces that, in accordance with the Company’s Long Term Inventive Plan 2020 (the “LTIP20”), it has granted 120,000 share options (the “Options”) to Luis Rodriguez Pevida, its business development manager.
The Options expire ten years from the deemed date of grant (26 January 2022), have an exercise price of 416.0 pence per ordinary share, based on the average of the mid-market closing prices for the five dealing days immediately preceding the grant date, and vest in two equal tranches, half on grant and half on the first anniversary of the granting date.
The details of the share options are as per the table below:
|Name||Position||Number of share options granted||Total number of share options following this notification||Total beneficial holding of ordinary shares following this notification||Total beneficial holding (options + ordinary shares) as % of Company’s fully diluted issued share capital|
|Luis Rodriguez Pevida||Business development manager||120,000||120,000||–||0.08%|
Following these grants, the Company has granted options over an aggregate of 2,341,000 ordinary shares, equivalent to 1.67% of the Company’s issued 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||Luis Rodriguez Pevida|
|2||Reason for the notification|
|a)||Position/status||Business development manager|
|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|
|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
|b)||Nature of the transaction||Share option grant|
|c)||Price(s) and volume(s)
|416.0p and 120,000 share options|
|d)||Aggregated information||GBP 499,200.00|
|e)||Date of the transaction||26/01/2022
|f)||Place of the transaction||London Stock Exchange|