ACCESSWIRE
24 Jun 2022, 16:14 GMT+10
NICOSIA, CYPRUS / ACCESSWIRE / June 24, 2022 / Atalaya Mining Plc (AIM:ATYM)(TSX:AYM) announces that in accordance with the Company's Long Term Incentive Plan 2020 (the 'LTIP20') which was approved by shareholders at the Annual General Meeting on 25 June 2020, it has granted 1,225,000 share options (the 'Options') to Persons Discharging Managerial Responsibilities ('PDMRs') and other employees.
The Options expire on 30 June 2027, five years from the deemed date of grant (22 June 2022), have an exercise price of 357.50 pence per ordinary share, being the last mid-market closing price on the grant date, and vest in three equal tranches, one third on grant and the balance equally on the first and second anniversary of the grant date.
The 1,225,000 share options have been allocated as per the table below:
Following these Options, the Company has granted options over an aggregate of 3,543,500 ordinary shares.
Set out below is the information required by Article 19(3) of the EU Market Abuse Regulation No 596/2014:
Contacts:
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, as well as a 51% interest in Proyecto Ossa Morena. 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
Get a daily dose of Canada Standard news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Canada Standard.
More InformationLOS ANGELES, California: During a meeting that was disrupted by protesters this week, the Los Angeles City Council voted to ...
WASHINGTON D.C.: The U.S. Justice Department announced this week that former Puerto Rico governor Wanda Vazquez has been arrested in ...
OTTAWA, Ontario: Military trainers from Canada will head to the United Kingdom to teach Ukrainians new techniques for fighting the ...
SANYA, China: Following a Covid lockdown, some 80,000 tourists cannot leave the southern Chinese beach resort of Sanya. The restrictions ...
SANTA BARBARA, California - Australian singing sensation and actress Olivia Newtown-John has died at the age of 73."Dame Olivia Newton-John ...
DEATH VALLEY NATIONAL PARK, California: Record rainfall on August 5 caused floods at Death Valley National Park that closed all ...
Manny Machado hit a three-run, walk-off homer off San Francisco reliever Tyler Rogers on Tuesday night to give the San ...
Manny Machado hit a three-run, walk-off homer off San Francisco reliever Tyler Rogers on Tuesday night to give the Padres ...
Trea Turner drove in three runs and had a pair of doubles as the Los Angeles Dodgers extended their winning ...
Shohei Ohtani showed no ill effects of a foot injury Tuesday night, ripping a home run while shutting out the ...
Tommy Henry tossed seven strong innings for his first major league victory and Jake McCarthy drove in three runs as ...
Randal Grichuk had a career-high five hits, including a home run, Ryan McMahon hit a 495-foot homer and the Colorado ...