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Hochschild Mining PLC

Hochschild MiningPLC - Director/PDMR Shareholding

RNS Number : 3867Q
Hochschild Mining PLC
25 February 2021
 

             

 

 

 

 

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25 February 2021

Director/PDMR Shareholding

 

Hochschild Mining PLC (the "Company") announces a change in the interests of Ignacio Bustamante, CEO and an Executive Director of the Company, in the Company's Ordinary Shares ("Shares").

 

Mr Bustamante sold a total of 577,455 Shares between 18 and 24 February 2021 to meet personal tax liabilities and as part of his long-term financial planning.  He has informed the Company that he has no plans to make further sales of his holding in the Company for a period of at least 12 months. 

 

Following the sales, Mr Bustamante has a holding of 1,214,115 Shares.

 

Information on the sales detailed in the relevant Notification of Dealing Forms 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

Ignacio Bustamante

2

Reason for the notification

a)

Position/status

CEO                                                   

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 (trading OTC as HCHDF)

 

 

Identification code

GB00B1FW5029

b)

Nature of the transaction

Sale of shares

c)

Currency

USD

d)

Price(s) and volume(s)

Date

 Price(s)

Volume(s)

18-02-2021

2.98

227,455

22-02-2021

3.01

100,000

24-02-2021

3.18

100,000

24-02-2021

3.18

150,000

 

e)

Aggregated information

- Aggregated volume

-    - Aggregated Price

 

577,455

US$ 1,774,708.26

f)

Place of the transaction

US OTC Market

 

 

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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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