Business
Results of placing in Atalaya Mining Copper, S.A.
Urion Holdings (Malta) Limited, a member of the Trafigura group, has agreed to sell 14,000,000 ordinary shares in Atalaya Mining Copper, S.A. at 945 pence per share, raising approximately £132 million in gross proceeds. Following this secondary placing, Trafigura will retain a stake of approximately 10.9% in Atalaya Mining's issued share capital, with the remaining shares subject to a 60-day lock-up period. Atalaya Mining will not receive any proceeds from this transaction. Disclaimer*
About this update from Atalaya Mining Copper Sa
[{"type":"text","content":"\n\nNot for publication, release, transmission, forwarding or distribution, directly or indirectly, in whole or in part, in or into the United States, Australia, Canada, Japan or South Africa or in any other jurisdiction in which offers or sales would be prohibited by applicable law.\nThis announcement is for information purposes only and is not a prospectus or an offer of securities for sale in any jurisdiction.\nNeither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Any offer to acquire securities pursuant to the Placing (as defined below) will be made, and any investor should make its investment decision solely on the basis of, publicly available information. There will be no sale of the securities referred to herein in any jurisdiction where such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.\nPlease see the important notice at the end of this announcement.\nResults of secondary placing of 14,000,000 ordinary shares in Atalaya Mining Copper, S.A.\n4th February 2026\nFurther to the announcement released on 3rd February 2026 in relation to a proposed secondary sale (the \"Placing\") of ordinary shares with a nominal value of €0.09 each (the \"Placing Shares\") in Atalaya Mining Copper, S.A. (\"Atalaya Mining\" or the \"Company\"), Urion Holdings (Malta) Limited (\"Trafigura\" or the \"Seller\"), a member of the Trafigura group, announces that it has agreed to sell in aggregate 14,000,000 Placing Shares at the price of 945 pence per share, raising aggregate gross proceeds of approximately £132 million.\nFollowing settlement of the Placing, Trafigura will continue to hold approximately 10.9% of Atalaya Mining's issued share capital.\nJ.P. Morgan SE (\"J.P. Morgan\") is acting as Sole Global Coordinator and Sole Bookrunner in connection with the Placing.\nThe ordinary shares in Atalaya Mining held by Trafigura following the Placing will be subject to a 60 day lock-up (from the pricing date) which is subject to customary exceptions and may otherwise only be waived with the consent of J.P. Morgan.\nAtalaya Mining will not receive any proceeds from the Placing.\nFor further information, please contact:\n \n\n\n\n\nJ.P. Morgan...