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Director/PDMR Shareholding
Hochschild Mining plc (the "Company") announces that, following the partial vesting of the second tranche of an award of conditional shares granted in 2014 under the Enhanced Long Term Incentive Plan, Ignacio Bustamante has acquired 115,682 Ordinary Shares in the Company ("Shares").
The Shares were acquired on 22 March 2019 for nil consideration.
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 | 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
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| Identification code | GB00B1FW5029 | ||||
| b) | Nature of the transaction | Acquisition of Ordinary Shares following the partial vesting of the second tranche of an award of conditional shares granted in 2014 under the Hochschild Mining plc Enhanced Long Term Incentive Plan | ||||
| c) | Currency | GBP | ||||
| d) | Price(s) and volume(s) |
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| e) | Aggregated information - Aggregated volume - Aggregated Price |
115,682 0.00 | ||||
| f) | Date of the transaction | 2019-03-22 | ||||
| g) | Place of the transaction | London Stock Exchange | ||||
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Enquiries:
Hochschild Mining plc
Raj Bhasin +44 (0)20 3709 3260
Company Secretary
Hudson Sandler
Charlie Jack +44 (0)20 7796 4133
Public Relations
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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.