TIDMGWMO

RNS Number : 4216R

Great Western Mining Corp. plc

04 November 2021

4 November 2021

GREAT WESTERN MINING CORPORATION PLC

("Great Western" or the "Company")

Grant of Share Options

Great Western Mining Corporation PLC (AIM: GWMO & ESM: 8GW) announces that it has granted a total of 18 million share options to Non-Executive Directors. The grant is in accordance with the rules of the Company's Share Option Plan 2014 which was approved by shareholders on 17 July 2014.

The share option awards were approved by the Board on 1 November 2021 (the "Award Date") and the exercise price of the new options will be Sterling 0.123 pence per share, representing the average closing price for the ten preceding days. The options are for seven years and vest immediately with exercise subject to performance conditions being a minimum 50% uplift in the share price.

Share Options issued to Persons Discharging Managerial Responsibilities ("PDMR"):

 
 Gemma Cryan      6,000,000 
 Alastair Ford    6,000,000 
                 ---------- 
 Andrew Hay       6,000,000 
                 ---------- 
 

The interests of these PDMR's in the shares of Great Western are:

 
                      Shares      Options       Options 
                                pre-grant    post-grant 
 Gemma Cryan               -            -     6,000,000 
                 -----------  -----------  ------------ 
 Alastair Ford             -            -     6,000,000 
                 -----------  -----------  ------------ 
 Andrew Hay       13,700,000            -     6,000,000 
                 -----------  -----------  ------------ 
 

Great Western has 3,577,510,005 ordinary shares of EUR0.0001 in issue. Following this grant, there is a total of 85,666,667 options outstanding, representing approximately 2.39% of the current issued share capital of the Company.

 
  For further information: 
 Great Western Mining Corporation         +44 207 933 8795 (via Walbrook 
  PLC                                      PR) 
  Brian Hall, Chairman                     +44 207 933 8795 (via Walbrook 
  Max Williams, Finance Director           PR) 
 Davy (Nomad, Euronext Growth Adviser 
  & Joint Broker) 
  John Frain                              +353 1 679 6363 
 Novum Securities (Joint Broker) 
  Jon Belliss                             +44 207 399 9400 
 Walbrook PR 
  Nick Rome                               +44 207 933 8795 
 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
===  ======================================================================= 
 a)   Name                       GEMMA CRYAN 
     =========================  ============================================ 
 
      Reason for the notification 
     ======================================================================= 
 a)   Position/status            DIRECTOR 
     =========================  ============================================ 
 b)   Initial Notification 
       Amendment                   Initial 
     =========================  ============================================ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ======================================================================= 
 a)   Name                       GREAT WESTERN MINING CORPORATION PLC 
     =========================  ============================================ 
 b)   LEI                        635400NZ1RTHSGDVNQ43 
     =========================  ============================================ 
 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                ORDINARY SHARES OF EUR0.0001 EACH 
       of the financial 
       instrument, 
       type of                    ISIN: IE00B1FR8863 
       instrument 
       Identification 
       code 
     =========================  ============================================ 
 b)   Nature of 
       the transaction             GRANT OF OPTIONS 
     =========================  ============================================ 
 c)   Price(s) and                 Price(s)           Volume(s) 
       volume(s)                    STG 0.123 PENCE    6,000,000 
                                                      ========== 
     =========================  ============================================ 
 d)   Aggregated                  n/a 
       information 
       - Aggregated 
       volume 
       - Price 
     =========================  ============================================ 
 e)   Date of the                4 NOVEMBER 2021 
       transaction 
     =========================  ============================================ 
 f)   Place of the               OFF MARKET 
       transaction 
     =========================  ============================================ 
 g)   Additional 
       Information 
     =========================  ============================================ 
 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
===  ======================================================================= 
 a)   Name                       ALASTAIR FORD 
     =========================  ============================================ 
 
      Reason for the notification 
     ======================================================================= 
 a)   Position/status            DIRECTOR 
     =========================  ============================================ 
 b)   Initial Notification       Initial 
       Amendment 
     =========================  ============================================ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ======================================================================= 
 a)   Name                       GREAT WESTERN MINING CORPORATION PLC 
     =========================  ============================================ 
 b)   LEI                        635400NZ1RTHSGDVNQ43 
     =========================  ============================================ 
 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                ORDINARY SHARES OF EUR0.0001 EACH 
       of the financial 
       instrument, 
       type of                    ISIN: IE00B1FR8863 
       instrument 
       Identification 
       code 
     =========================  ============================================ 
 b)   Nature of 
       the transaction             GRANT OF OPTIONS 
     =========================  ============================================ 
 c)   Price(s) and                 Price(s)           Volume(s) 
       volume(s)                    STG 0.123 PENCE    6,000,000 
                                                      ========== 
     =========================  ============================================ 
 d)   Aggregated                  n/a 
       information 
       - Aggregated 
       volume 
       - Price 
     =========================  ============================================ 
 e)   Date of the                4 NOVEMBER 2021 
       transaction 
     =========================  ============================================ 
 f)   Place of the               OFF MARKET 
       transaction 
     =========================  ============================================ 
 g)   Additional 
       Information 
     =========================  ============================================ 
 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
===  ======================================================================= 
 a)   Name                       ANDREW HAY 
     =========================  ============================================ 
 
      Reason for the notification 
     ======================================================================= 
 a)   Position/status            DIRECTOR 
     =========================  ============================================ 
 b)   Initial Notification 
       Amendment                   Initial 
     =========================  ============================================ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ======================================================================= 
 a)   Name                       GREAT WESTERN MINING CORPORATION PLC 
     =========================  ============================================ 
 b)   LEI                        635400NZ1RTHSGDVNQ43 
     =========================  ============================================ 
 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                ORDINARY SHARES OF EUR0.0001 EACH 
       of the financial 
       instrument, 
       type of                    ISIN: IE00B1FR8863 
       instrument 
       Identification 
       code 
     =========================  ============================================ 
 b)   Nature of 
       the transaction             GRANT OF OPTIONS 
     =========================  ============================================ 
 c)   Price(s) and                 Price(s)           Volume(s) 
       volume(s)                    STG 0.123 PENCE    6,000,000 
                                                      ========== 
     =========================  ============================================ 
 d)   Aggregated                  n/a 
       information 
       - Aggregated 
       volume 
       - Price 
     =========================  ============================================ 
 e)   Date of the                4 NOVEMBER 2021 
       transaction 
     =========================  ============================================ 
 f)   Place of the               OFF MARKET 
       transaction 
     =========================  ============================================ 
 g)   Additional 
       Information 
     =========================  ============================================ 
 

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END

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