ATYM.L

Atalaya Mining Plc
Atalaya Mining PLC - Grant of Share Options
23rd December 2024, 16:12
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RNS Number : 1772R
Atalaya Mining PLC
23 December 2024
 

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23 December 2024

Atalaya Mining Plc.

("Atalaya" or "the Company")

Grant of Share Options

 

Atalaya Mining Plc (LSE: ATYM) announces that in accordance with the Company's Long Term Incentive Plan 2020 (the "LTIP2020") which was approved by shareholders at the Annual General Meeting on 25 June 2020, it has granted 150,000 share options (the "Options") to an employee.

The Options expire on 21 December 2029, five years from the deemed date of grant (22 December 2024), have an exercise price of 333.50 pence per ordinary share, being the 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.

As a result, the Company has options outstanding over an aggregate of 5,423,666 ordinary shares.

 

 

 

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 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 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 Cobre San Rafael S.L., which fully owns the Proyecto Touro 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

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