Hochschild Mining PLC Director/PDMR Shareholding (1150I)

TIDMHOC

RNS Number : 1150I

Hochschild Mining PLC

30 March 2020

________________________________________________________________________________________

30 March 2020

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 acquired 182,941 Shares on 30 March 2020 for nil consideration following the partial vesting of the final tranche of an award of conditional shares granted in 2014 under the Company's Enhanced Long Term Incentive Plan. Following the acquisition, Mr Bustamante has a holding of 1,791,570 Shares, representing 0.35% of the Company's issued share capital.

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

 
        Details of the person discharging managerial responsibilities/person 
  1      closely associated 
        Name                              Ignacio Bustamante 
  a) 
       --------------------------------  ----------------------------------------------- 
        Reason for the notification 
  2 
       --------------------------------------------------------------------------------- 
        Position/status                   CEO 
  a) 
       --------------------------------  ----------------------------------------------- 
        Initial notification/Amendment    Initial notification 
  b) 
       --------------------------------  ----------------------------------------------- 
        Details of the issuer, emission allowance market participant, 
  3      auction platform, auctioneer or auction monitor 
       --------------------------------------------------------------------------------- 
        Name                              Hochschild Mining PLC 
  a) 
       --------------------------------  ----------------------------------------------- 
        LEI                               549300JK10TVQ3CCJQ89 
  b) 
       --------------------------------  ----------------------------------------------- 
        Details of the transaction(s): section to be repeated for (i) 
  4      each type of instrument; (ii) each type of transaction; (iii) 
         each date; and (iv) each place where transactions have been conducted 
       --------------------------------------------------------------------------------- 
        Description of the                Ordinary Shares of 25p each 
  a)     financial instrument, 
         type of instrument 
       --------------------------------  ----------------------------------------------- 
        Identification code               GB00B1FW5029 
       --------------------------------  ----------------------------------------------- 
        Nature of the transaction         Acquisition of Ordinary Shares following 
  b)                                       the partial vesting of the final tranche of 
                                           an award of conditional shares granted in 
                                           2014 under the Hochschild Mining plc Enhanced 
                                           Long Term Incentive Plan 
       --------------------------------  ----------------------------------------------- 
        Currency                          GBP 
  c) 
       --------------------------------  ----------------------------------------------- 
        Price(s) and volume(s)              Price(s)   Volume(s) 
  d)                                         0.00       182,941 
                                                       ---------- 
       --------------------------------  ----------------------------------------------- 
        Aggregated information 
  e)     - Aggregated volume                182,941 
         - Aggregated Price                 GBP0.00 
       --------------------------------  ----------------------------------------------- 
 
  f)    Date of the transaction           2020-03-30 
       --------------------------------  ----------------------------------------------- 
        Place of the transaction          London Stock Exchange 
  g) 
       --------------------------------  -----------------------------------------------

________________________________________________________________________________________

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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