Granting of share options and Director/PDMR Notification

25 June, 2021

Atalaya Mining Plc (AIM: ATYM; TSX: AYM), the European mining and development company, announces that in accordance with the Company’s Long Term Inventive Plan 2020 (the “LTIP20”) which was approved by shareholders at the Annual General Meeting on 25 June 2020, it has granted 1,150,000 share options (the “Options”) to Persons Discharging Managerial Responsibilities (“PDMRs”) and other management.

The Options expire ten years from the deemed date of grant (24 June 2021), have an exercise price of 309.0 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 1,150,000 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 1,550,000 240,000 1.26%
Enrique Delgado General Manager – Operations 200,000 750,000 0.53%
César Sánchez CFO 200,000 750,000 0.53%
  Total 800,000 3,050,000 240,000 2.32%
Other Management 350,000 816,250
  Total 1,150,000 3,866,250

Following these grants, the Company has granted options over an aggregate of 3,866,250 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: 309.0p

Volume: 400,000 share options

d) Aggregated information

 

Price: 309.0p

Volume: 400,000 share options

e) Date of the transaction 24 June 2021
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: 309.0p

Volume: 200,000 share options

d) Aggregated information

 

Price: 309.0p

Volume: 200,000 share options

e) Date of the transaction 24 June 2021
f) Place of the transaction Outside a trading venue