Atalaya Mining PLC Announces PDMR Share Purchase and Shareholding
NICOSIA, May 20, 2022 - Atalaya Mining plc (AIM:ATYM)(TSX:AYM), the European mining and development company, announces that it was notified on 19 May 2022, that Michael Rechsteiner, PDMR of the Company, purchased 13,500 ordinary shares in Atalaya at an average price of 364.0 pence per share.
Following the purchase of these shares Mr Rechsteiner is interested in an aggregate of 13,500 ordinary shares of the Company representing 0.01% of the current 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 | Michael Rechsteiner |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | |
| 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 purchase CY0106002112 |
| b) | Nature of the transaction | Share purchase |
| c) | Price(s) and volume(s) | GBP 3.65 and 8,500 shares GBP 3.62 and 5,000 shares |
| d) | Aggregated information | GBP 49,138 |
| e) | Date of the transaction | 19 May 2022 |
| f) | Place of the transaction | London Stock Exchange |
Contacts:
| SEC Newgate UK | Elisabeth Cowell / Axaule Shukanayeva / Max Richardson | + 44 20 3757 6882 |
| 4C Communications | Carina Corbett | +44 20 3170 7973 |
| Canaccord Genuity (NOMAD and Joint Broker) | Henry Fitzgerald-O'Connor / James Asensio | +44 20 7523 8000 |
| BMO Capital Markets (Joint Broker) | Tom Rider / Andrew Cameron | +44 20 7236 1010 |
| Peel Hunt LLP (Joint Broker) | Ross Allister / David McKeown | +44 20 7418 8900 |
About Atalaya Mining Plc
Atalaya is an AIM and TSX-listed mining and development group which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest Spain. Atalaya's current operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a centralised processing hub for ore sourced from its wholly owned regional projects around Riotinto that include Proyecto Masa Valverde and Proyecto Riotinto East. In addition, the Group has a phased, earn-in agreement for up to 80% ownership of Proyecto Touro, a brownfield copper project in the northwest of Spain. For further information, visit www.atalayamining.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Atalaya Mining plc
View source version on accesswire.com:
https://www.accesswire.com/702126/Atalaya-Mining-PLC-Announces-PDMR-Share-Purchase-and-Shareholding