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Hochschild MiningPLC - Director/PDMR Shareholding

RNS Number : 9398H
Hochschild Mining PLC
08 December 2020
 

             

 

 

 

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8 December 2020

Director/PDMR Shareholding

 

 

Hochschild Mining PLC (the "Company") announces the change detailed below in the interests of Eduardo Hochschild, Chairman, in the Company's Ordinary Shares ("Shares").

 

On 3 December 2020, Pelham Investment Corporation, an entity indirectly controlled by Eduardo Hochschild, sold 61,665,067 Shares.

 

A copy of the relevant Notification of Dealing Form can be found below. 

 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

 

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Pelham Investment Corporation

2

Reason for the notification

a)

Position/status

Notification concerns a person closely associated with Eduardo Hochschild, Chairman  

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name                                 

Hochschild Mining PLC

b)

LEI

549300JK10TVQ3CCJQ89

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

Ordinary Shares of 25p each

 

 

Identification code

GB00B1FW5029

b)

Nature of the transaction

Disposal of shares through a block trade managed by J.P. Morgan Securities PLC

c)

Currency

GBP

d)

Price(s) and volume(s)

 Price(s)

Volume(s)

2.00

61,665,067

 

e)

Aggregated information

-    Aggregated volume

-    - Aggregated Price

 

61,665,067

£123,330,134

f)

Date of the transaction

2020-12-03

g)

Place of the transaction

Outside a trading venue; secondary placing to institutional investors

 

 

 

________________________________________________________________________________________

 

Enquiries:

 

Hochschild Mining PLC

Raj Bhasin                                                                                                                                                                                                                                          +44 (0)20 3709 3263

Company Secretary

 

Hudson Sandler

Charlie Jack                                                                                                                                                                                                                                       +44 (0)20 7796 4133

Public Relations

________________________________________________________________________________________

 

About Hochschild Mining PLC

Hochschild Mining PLC is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over fifty years' experience in the mining of precious metal epithermal vein deposits and currently operates three underground epithermal vein mines, two located in southern Peru and one in southern Argentina. Hochschild also has numerous long-term projects throughout the Americas.

_____________________________________________________________________________________

 

LEI: 549300JK10TVQ3CCJQ89

 

 

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