Hochschild Mining PLC Director/PDMR Shareholding (9398H)

TIDMHOC

RNS Number : 9398H

Hochschild Mining PLC

08 December 2020

________________________________________________________________________________________

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               Ordinary Shares of 25p each 
       financial instrument, 
       type of instrument 
     -------------------------------  -------------------------------------------------- 
      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               61,665,067 
        *    Aggregated Price            GBP123,330,134 
     -------------------------------  -------------------------------------------------- 
 f)   Date of the transaction          2020-12-03 
     -------------------------------  -------------------------------------------------- 
 g)   Place of the transaction         Outside a trading venue; secondary placing 
                                        to institutional investors 
     -------------------------------  --------------------------------------------------

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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.

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LEI: 549300JK10TVQ3CCJQ89

- ends -

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