TIDMGWMO

RNS Number : 6191C

Great Western Mining Corp. plc

23 February 2022

GREAT WESTERN MINING CORPORATION PLC

("Great Western", "GWM" or the "Company")

GRANT OF SHARE OPTIONS

Great Western Mining Corporation PLC (AIM: GWMO & ESM: 8GW) announces that it has granted a total of 57.5 million share options, including grants to Directors, 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 23 February 2022 (the "Award Date") and the exercise price of the new options will be Sterling 0.13 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 management responsibilities are:

 
 Gemma Cryan          3,000,000 
 Alastair Ford        3,000,000 
                    ----------- 
 Brian Hall          10,000,000 
                    ----------- 
 Andrew Hay           3,000,000 
                    ----------- 
 Robert O'Connell    10,000,000 
                    ----------- 
 Max Williams        10,000,000 
                    ----------- 
 

Great Western has 3,577,510,005 ordinary shares of EUR0.0001 in issue. In addition to the options being granted today, the Company has 85,666,667 Share Options outstanding with exercise prices ranging from 0.09 pence per share to 1.6 pence per share. The Company also has also granted warrants and currently has outstanding a total of 712,999,999 Warrants with exercise prices ranging from of 0.16 pence per share to 0.30 pence per share.

The Directors' interests in the shares of Great Western are:

 
                       Shares      Warrants     Options       Options 
                                                pre-grant    post-grant 
 Gemma Cryan                  -            -    6,000,000     9,000,000 
                    -----------  -----------  -----------  ------------ 
 Alastair Ford                -            -    6,000,000     9,000,000 
                    -----------  -----------  -----------  ------------ 
 Brian Hall          85,000,000   31,250,000   19,666,667    29,666,667 
                    -----------  -----------  -----------  ------------ 
 Andrew Hay          13,700,000            -    6,000,000     9,000,000 
                    -----------  -----------  -----------  ------------ 
 Robert O'Connell    21,670,490            -   26,000,000    36,000,000 
                    -----------  -----------  -----------  ------------ 
 Max Williams        50,000,000   31,250,000    9,000,000    19,000,000 
                    -----------  -----------  -----------  ------------ 
 

For further information:

 
 Great Western Mining Corporation PLC 
 Brian Hall, Chairman                      +44 207 933 8780 
 Max Williams, Finance Director            +44 207 933 8780 
 
 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 (PR advisers) 
  Nick Rome/Nicholas Johnson               +44 207 933 8783 
 

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 
     =========================  ============================================ 
 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,                ISIN: IE00B1FR8863 
       type of 
       instrument 
       Identification 
       code 
     =========================  ============================================ 
 b)   Nature of 
       the transaction             GRANT OF OPTIONS 
     =========================  ============================================ 
 c)   Price(s) and                 Price(s)          Volume(s) 
       volume(s)                    STG 0.13 PENCE    3,000,000 
                                                     ========== 
     =========================  ============================================ 
 d)   Aggregated 
       information 
       - Aggregated 
       volume 
       - Price 
     =========================  ============================================ 
 e)   Date of the                23 FEBRUARY 2022 
       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 
       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,                ISIN: IE00B1FR8863 
       type of 
       instrument 
       Identification 
       code 
     =========================  ============================================ 
 b)   Nature of 
       the transaction             GRANT OF OPTIONS 
     =========================  ============================================ 
 c)   Price(s) and                 Price(s)          Volume(s) 
       volume(s)                    STG 0.13 PENCE    3,000,000 
                                                     ========== 
     =========================  ============================================ 
 d)   Aggregated 
       information 
       - Aggregated 
       volume 
       - Price 
     =========================  ============================================ 
 e)   Date of the                23 FEBRUARY 2022 
       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                       BRIAN HALL 
     =========================  ============================================ 
 
      Reason for the notification 
     ======================================================================= 
 a)   Position/status            EXECUTIVE CHAIRMAN 
     =========================  ============================================ 
 b)   Initial Notification 
       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,                ISIN: IE00B1FR8863 
       type of 
       instrument 
       Identification 
       code 
     =========================  ============================================ 
 b)   Nature of 
       the transaction             GRANT OF OPTIONS 
     =========================  ============================================ 
 c)   Price(s) and                 Price(s)      Volume(s) 
       volume(s)                    0.13 PENCE    10,000,000 
                                                 =========== 
     =========================  ============================================ 
 d)   Aggregated 
       information 
       - Aggregated 
       volume 
       - Price 
     =========================  ============================================ 
 e)   Date of the                23 FEBRUARY 2022 
       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 
     =========================  ============================================ 
 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,                ISIN: IE00B1FR8863 
       type of 
       instrument 
       Identification 
       code 
     =========================  ============================================ 
 b)   Nature of 
       the transaction             GRANT OF OPTIONS 
     =========================  ============================================ 
 c)   Price(s) and                 Price(s)          Volume(s) 
       volume(s)                    STG 0.13 PENCE    3,000,000 
                                                     ========== 
     =========================  ============================================ 
 d)   Aggregated 
       information 
       - Aggregated 
       volume 
       - Price 
     =========================  ============================================ 
 e)   Date of the                23 FEBRUARY 2022 
       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                       ROBERT O'CONNELL 
     =========================  ============================================ 
 
      Reason for the notification 
     ======================================================================= 
 a)   Position/status            OPERATIONS DIRECTOR 
     =========================  ============================================ 
 b)   Initial Notification 
       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,                ISIN: IE00B1FR8863 
       type of 
       instrument 
       Identification 
       code 
     =========================  ============================================ 
 b)   Nature of 
       the transaction             GRANT OF OPTIONS 
     =========================  ============================================ 
 c)   Price(s) and                 Price(s)      Volume(s) 
       volume(s)                    0.13 PENCE    10,000,000 
                                                 =========== 
     =========================  ============================================ 
 d)   Aggregated 
       information 
       - Aggregated 
       volume 
       - Price 
     =========================  ============================================ 
 e)   Date of the                23 FEBRUARY 2022 
       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                       MAX WILLIAMS 
     =========================  ============================================ 
 
      Reason for the notification 
     ======================================================================= 
 a)   Position/status            FINANCE DIRECTOR 
     =========================  ============================================ 
 b)   Initial Notification 
       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,                ISIN: IE00B1FR8863 
       type of 
       instrument 
       Identification 
       code 
     =========================  ============================================ 
 b)   Nature of 
       the transaction             GRANT OF OPTIONS 
     =========================  ============================================ 
 c)   Price(s) and                 Price(s)      Volume(s) 
       volume(s)                    0.13 PENCE    10,000,000 
                                                 =========== 
     =========================  ============================================ 
 d)   Aggregated 
       information 
       - Aggregated 
       volume 
       - Price 
     =========================  ============================================ 
 e)   Date of the                23 FEBRUARY 2022 
       transaction 
     =========================  ============================================ 
 f)   Place of the               OFF MARKET 
       transaction 
     =========================  ============================================ 
 g)   Additional 
       Information 
     =========================  ============================================ 
 

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END

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February 23, 2022 11:57 ET (16:57 GMT)

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