ATYM.L

Atalaya Mining Plc
Atalaya Mining PLC - Results of the 2024 Annual General Meeting
27th June 2024, 11:07
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 1887U
Atalaya Mining PLC
27 June 2024
 

A white background with text Description automatically generated 

27 June 2024

Atalaya Mining Plc.

("Atalaya" or "the Company")

Results of the 2024 Annual General Meeting

 

Atalaya Mining Plc (LSE: ATYM) is pleased to announce that all of the resolutions proposed at the Company's Annual General Meeting, held today, were duly passed.

The detailed results of the proxy votes received are set out below:

Resolution

Total Proxy Votes

Votes For

Votes Against

Votes Withheld / non votes

Number

%

Number

%

 

1

Approval of the Financial Statements as at 31 December 2023

94,677,298

94,606,266

100%

71,032

0%

1,715

2

Re-election of

Mr. Roger Davey

94,677,300

94,049,714

99%

627,586

1%

1,713

3

Re-election of

Mr. Alberto Lavandeira

94,677,300

94,414,204

100%

263,096

0%

1,713

4

Re-election of

Mr. Jesus Fernandez

94,126,254

83,645,031

89%

10,481,223

11%

552,759

5

Re-election of

Mr. Hussein Barma

94,677,300

89,477,933

95%

5,199,367

5%

1,713

6

Re-election of

Mr. Neil Gregson

94,677,300

86,131,705

91%

8,545,595

9%

1,713

7

Re-election of

Mr. Stephen Scott

94,677,300

89,116,620

94%

5,560,680

6%

1,713

8

Re-election of

Ms. Kate Harcourt

94,677,300

89,149,995

94%

5,527,305

6%

1,713

9

Re-election of

Ms. Carole Whittall

94,677,300

94,615,137

100%

62,163

0%

1,713

10

Appointment of PricewaterhouseCoopers Ltd

94,678,966

94,614,931

100%

64,035

0%

47

11

To declare a final dividend for the financial year ended 31 December 2023

94,677,300

94,660,202

100%

17,098

0%

1,713

12

Approval of Directors' remuneration report

94,677,828

68,102,204

72%

26,575,624

28%

1,185

13

Approval of Directors' remuneration policy

94,677,828

63,485,819

67%

31,192,009

33%

1,185

14

Authorise the Directors to grant awards under the LTIP

90,317,268

68,798,135

76%

21,519,133

24%

4,361,745

15

To authorise the Directors to allot ordinary shares in the capital

94,677,298

94,614,657

100%

62,641

0%

1,715

16

To amend the Articles of Association

94,677,298

94,615,135

100%

62,163

0%

1,715

17

Approval of Cross-Border Conversion to Spain

94,678,966

94,660,036

100%

18,930

0%

47

18

Submission of application to the Nicosia District Court

94,678,966

94,660,202

100%

18,764

0%

47

19

Application and submission of all necessary tax returns with the authorities in Cyprus

94,678,966

94,660,202

100%

18,764

0%

47

20

Delegation of powers

94,677,300

94,614,927

100%

62,373

0%

1,746

Although the Company is pleased that all resolutions were passed at today's AGM, the Board of Directors note that more than 20% of the proxy votes cast were voted against Resolution 12 (Approval of Directors' remuneration report), Resolution 13 (Approval of Directors' remuneration policy) and Resolution 14 (Authorise the Directors to grant awards under the LTIP).

As disclosed in its 2023 Annual Report, the Company is in the process of implementing a series of changes related to remuneration over the course of 2024.

The Board of Directors intends to engage with the shareholders who were opposed to the resolutions and will provide an update on the consultations within six months as required by the UK Corporate Governance Code.

 

Contacts:

SEC Newgate UK

Elisabeth Cowell / Tom Carnegie / Matthew Elliott

+44 20 3757 6882

Atalaya Mining

Michael Rechsteiner

+34 959 59 28 50

 

About Atalaya Mining Plc

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 (Premium Segment) under the symbol "ATYM".

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 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

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RAGFRMBTMTMTBJI]]>
TwitterFacebookLinkedIn