Director/PDMR Shareholding

Source: RNS
RNS Number : 4424Q
Atalaya Mining Copper, S.A.
10 July 2025
 

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10 July 2025

Atalaya Mining Copper, S.A.

("Atalaya" or "the Company")

Director/PDMR Shareholding

 

Atalaya Mining Copper, S.A. (LSE: ATYM) announces that it has granted market value share options ("Options") over the ordinary shares of €0.09 each in the capital of the Company ("Shares") pursuant to The Atalaya Mining Long-Term Incentive Plan 2020, as set out in the table below:

Name

Role

Total № of Shares subject the Options

Alberto Lavandeira

Chief Executive Officer (Director)

800,000

César Sánchez

Chief Financial Officer (PDMR)

400,000

Enrique Delgado

General Manager Riotinto (PDMR)

400,000

 

The exercise price of the Options is 460.35 pence per ordinary share, being the average of the mid-market closing price on the five dealing days before the grant date.

The Shares under Option are due to vest in three tranches, with 1/6th vesting on grant, 1/3rd on the first anniversary of grant and the remaining 50% on the second anniversary of grant. Vesting of each tranche of the Options is also subject to assessment by the Remuneration Committee of an underpin condition, as summarised in the Directors' Remuneration Report on page 100 of the Company's 2024 Annual Report and Financial Statements.

The Options will normally expire on 9 July 2030, five years from the date of grant.

Further details are set out in the notification in the appendix, made in accordance with the requirements of the EU Market Abuse Regulation (EU) № 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.

Contacts:

SEC Newgate UK

Elisabeth Cowell / Tom Carnegie / Gwen Samuel

+44 20 3757 6882

Atalaya Mining

Michael Rechsteiner

+34 959 59 28 50

 

About Atalaya Mining Copper, S.A.

Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya's shares trade on the London Stock Exchange's Main Market under the symbol "ATYM" and Atalaya is a FTSE 250 Index constituent.

Atalaya's operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly-owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East. In addition, Atalaya has a phased earn-in agreement for up to 80% ownership of Cobre San Rafael S.L., which fully owns Proyecto Touro, a brownfield copper project in the northwest of Spain, as well as a 99.9% interest in Proyecto Ossa Morena. For further information, please visit www.atalayamining.com.

 

Appendix

Notification and public disclosure of transactions of persons discharging managerial responsibilities and persons closely associated with them:

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alberto Lavandeira

2

Reason for the notification

a)

Position/status

Chief Executive Officer

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 Copper, S.A.

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

Options over Ordinary Shares of €0.09 each nominal value (derivative instrument)

CY0106002112

b)

Nature of the transaction

Grant of market value share options pursuant to The Atalaya Mining Long-Term Incentive Plan 2020 with an exercise price of 460.35 pence per share

 

c)

Price(s) and volume(s)

 

Price(s)

Volumes(s)

Nil consideration at grant

800,000

d)

Aggregated information

N/A - single transaction

e)

Date of the transaction

09/07/2025

f)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

César Sánchez

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

Atalaya Mining Copper, S.A.

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

Options over Ordinary Shares of €0.09 each nominal value (derivative instrument)

CY0106002112

b)

Nature of the transaction

Grant of market value share options pursuant to The Atalaya Mining Long-Term Incentive Plan 2020 with an exercise price of 460.35 pence per share

 

c)

Price(s) and volume(s)

 

Price(s)

Volumes(s)

Nil consideration at grant

400,000

d)

Aggregated information

N/A - single transaction

e)

Date of the transaction

09/07/2025

f)

Place of the transaction

Outside of 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

PDMR

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 Copper, S.A.

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

Options over Ordinary Shares of €0.09 each nominal value (derivative instrument)

CY0106002112

b)

Nature of the transaction

Grant of market value share options pursuant to The Atalaya Mining Long-Term Incentive Plan 2020 with an exercise price of 460.35 pence per share

c)

Price(s) and volume(s)

 

Price(s)

Volumes(s)

Nil consideration at grant

400,000

d)

Aggregated information

N/A - single transaction

e)

Date of the transaction

09/07/2025

f)

Place of the transaction

Outside of a trading venue

 

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