Atalaya Mining Copper SALSE: ATYM

PDMR Shareholding

· Issued by Atalaya Mining Copper SA

Text Description automatically generated
Atalaya Mining Plc

1 Lampousas Street

1095 Nicosia, Cyprus

Tel: +357 22442705

Fax: +357 22442708

www.atalayamining.com

10 July 2023

Atalaya Mining Plc.

("Atalaya" or "the Company")

PDMR Share Dealing

Atalaya Mining Plc (AIM: ATYM) announces that on 7 July 2023, César Sánchez, a person discharging managerial responsibilities ("PDMR") of the Company, sold 250,000 ordinary shares in Atalaya at a price of 325 pence per share.

The Company was informed by Mr. Sánchez that proceeds from the share sale will be principally used to settle personal income tax liabilities that resulted from a prior exercise of share options. Following the share sale, Mr. Sánchez's ownership of ordinary shares in the Company will be 100,000 shares.

Set out below is the information required by Article 19(3) of the EU Market Abuse Regulation No 596/2014:

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

César Sánchez

2

Reason for the notification

a)

Position/status

CFO

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 Plc

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

Share disposal

CY0106002112

b)

Nature of the transaction

Share disposal

c)

Price(s) and volume(s)

Price: 325p

Volume: 250,000 shares

d)

Aggregated information

Price: 325p

Volume: 250,000 shares

e)

Date of the transaction

7 July 2023

f)

Place of the transaction

London Stock Exchange

Contacts:

SEC Newgate UK

Elisabeth Cowell / Tom Carnegie / Matthew Elliott

+ 44 20 3757 6882

4C Communications

Carina Corbett

+44 20 3170 7973

Canaccord Genuity

(NOMAD and Joint Broker)

Henry Fitzgerald-O'Connor / James Asensio / Thomas Diehl

+44 20 7523 8000

BMO Capital Markets

(Joint Broker)

Tom Rider / Andrew Cameron

+44 20 7236 1010

Peel Hunt LLP

(Joint Broker)

Ross Allister / David McKeown

+44 20 7418 8900

About Atalaya Mining Plc

Atalaya is an AIM-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 central 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 99.9% interest in Proyecto Ossa Morena. For further information, visit www.atalayamining.com

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