29th Apr 2024 09:37
(Alliance News) - Atalaya Mining PLC on Monday said it has started trading on the Main Market of the London Stock Exchange, moving from AIM.
The miner, with operations in Spain, specialises in producing copper and other critical metals, said shares have accordingly been cancelled from trading from AIM.
The total number of shares at admission were 139.9 million. With shares up 0.6% to 445.50 pence each in London on Monday morning, this gave Atalaya Mining a market capitalisation of GBP623.0 million.
"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," said Chief Executive Officer Alberto Lavandeira.
"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."
By Greg Rosenvinge, Alliance News senior reporter
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