Atalaya Mining PLC Announces Director share purchase
Director share purchase and Director/PDMR Shareholding
NICOSIA, February 25, 2020 - Atalaya Mining Plc (AIM:ATYM)(TSX:AYM), the European mining and development company, announces that it was notified on 24 February 2020, that Alberto Lavandeira, Chief Executive Officer and Managing Director of the Company, purchased 30,000 ordinary shares in Atalaya at an average price of 176.0 pence per share.
Following the purchase of these shares Mr Lavandeira is interested in an aggregate of 240,000 ordinary shares of the Company representing 0.17% of the current issues 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 | Alberto Lavandeira |
| 2 | Reason for the notification | |
| a) | Position/status | CEO and Managing Director |
| 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 1.760 and 30,000 shares |
| d) | Aggregated information | GBP 52,800 |
| e) | Date of the transaction | 21 February 2020 |
| f) | Place of the transaction | London Stock Exchange |
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. 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 which is currently in the permitting stage. For further information, visit www.atalayamining.com
This announcement contains information which, prior to its publication constituted inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Contacts:
| Newgate Communications | Elisabeth Cowell / Adam Lloyd / Tom Carnegie | + 44 20 3757 6880 |
| 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 / Michael Rechsteiner / Neil Elliot | +44 20 7236 1010 |
| Peel Hunt LLP (Joint Broker): | Ross Allister / David McKeown | +44 20 7418 8900 |
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
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