THIS ANNOUNCEMENT IS MADE FOR INFORMATION PURPOSES ONLY AND
DOES NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR SOLICITATION TO
BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE SHARES IN ATALAYA MINING
PLC IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION
WOULD BE UNLAWFUL.
29
April 2024
Atalaya Mining
Plc.
("Atalaya" or "the Company")
Admission to Trading on the
Main Market
Admission to premium Listing
Segment marks major corporate milestone
Atalaya Mining Plc (AIM: ATYM) is
pleased to announce that the Company's ordinary shares ("Ordinary
Shares") are expected to be admitted to the premium listing segment
of the Official List maintained by the Financial Conduct Authority
("FCA") and to trading on London Stock Exchange plc's main market
for listed securities (together, "Admission") at 8:00am today and
cancelled from trading on AIM.
The Company is not offering any new
Ordinary Shares nor any other securities in connection with the
proposed Admission. Following Admission, the Ordinary Shares will
continue to be registered with their existing ISIN of CY0106002112
and the Company's ticker symbol will continue to be
ATYM.
At Admission, the total number of
Ordinary Shares in issue will be 139,899,209. The Company does not hold
any shares in treasury, and therefore at Admission the total number
of voting rights in the Company will be 139,899,209. This figure may be used
by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest
in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Atalaya shareholders should consult
their own professional advisors regarding the consequences of
Admission on their personal tax position.
Alberto Lavandeira, CEO, commented:
"Today marks a significant milestone for Atalaya as we
transition to the Premium Listing Segment of the Official List and
commence trading on the Main Market of the London Stock
Exchange.
The move showcases our commitment to
building upon
the significant growth we have achieved to date and reflects our
confidence in our future prospects, our expanding investor base and
our ambition to become a multi-asset copper producer with a
portfolio of sustainable, scalable and low-risk
operations.
I
would like to take this opportunity to also thank our dedicated
team and loyal shareholders for their continued support on this
exciting journey."
Contacts:
Peel Hunt LLP
(Sponsor and Joint Broker)
|
Ross Allister / David McKeown /
Georgia Langoulant
|
+44 20
7418 8900
|
Canaccord Genuity
(NOMAD and Joint Broker)
|
Henry Fitzgerald-O'Connor / James
Asensio / George Grainger
|
+44 20
7523 8000
|
BMO Capital Markets
(Joint Broker)
|
Tom Rider / Andrew Cameron
|
+44 20
7236 1010
|
SEC Newgate UK
|
Elisabeth Cowell / Tom Carnegie /
Matthew Elliott
|
+44 20
3757 6882
|
Atalaya Mining
|
Michael Rechsteiner
|
+34 959 59
28 50
|
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
Important Notice
This announcement contains
statements that are, or may be deemed to be, "forward-looking
statements". These forward-looking statements can be identified by
the use of words such as "will", "expect", "could", "believe",
"intend", "should" and words of similar meaning. All statements
other than statements of historical facts included in this
announcement, including those regarding the Company's strategy,
plans and objectives and the anticipated Admission are
forward-looking statements. These statements are not fact and
readers are cautioned not to place undue reliance on such
statements. Forward-looking statements involve a number of known
and unknown risks, uncertainties and other factors, many of which
are difficult to predict and generally beyond the control of
Atalaya and so may not occur. These forward-looking statements
speak only as of the date of this announcement. Atalaya expressly
disclaims any obligation or undertaking to update or revise any
forward-looking statement (except to the extent legally
required).
You are advised to read the
Prospectus in its entirety, and, in particular, the section of the
Prospectus headed "Risk Factors", for a further discussion of the
factors that could affect the Company's future performance and the
industry in which it operates.
Peel Hunt LLP ("Peel Hunt"), which
is authorised and regulated in the United Kingdom by the FCA, is
acting exclusively for the Company as Sponsor and no one else in
connection with Admission and it will not regard any other person
as a client in relation to Admission and will not be responsible to
anyone other than the Company for providing the protections
afforded to its clients or for providing advice in relation to
Admission or any other transaction, matter, or arrangement referred
to in this announcement.
This announcement has been issued
by, and is the sole responsibility of, the Company. No
representation or warranty, express or implied, is or will be made
as to, or in relation to, and no responsibility or liability is or
will be accepted by Peel Hunt or by any of its affiliates,
partners, directors, officers, employees, advisers or agents as to
or in relation to, the accuracy or completeness of this
announcement or any other written or oral information made
available to or publicly available to any interested party or its
advisers, and any liability therefore is expressly
disclaimed.