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 400 million
share options, including grants to Directors, in accordance with
the rules of the Company's Share Option Plan 2014.
The share option awards were approved by the Board on
20 August 2024 (the "Award Date") and the
exercise price of the new options will be Sterling 0.04 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
|
15,000,000
|
|
Alastair Ford
|
15,000,000
|
|
Brian Hall
|
85,000,000
|
|
Andrew Hay
|
15,000,000
|
|
Robert O'Connell
|
85,000,000
|
|
Max Williams
|
85,000,000
|
Great Western has 8,346,945,746 ordinary shares of
€0.0001 in issue. In addition to the options being granted
today, the Company has 160,000,000 Share Options outstanding with
exercise prices ranging from 0.09 pence per share to 0.8 pence per
share.
The Directors' interests in the shares of Great
Western are:
|
|
Shares
|
Options
pre-grant
|
Options
post-grant
|
|
Gemma Cryan
|
9,090,909
|
12,000,000
|
27,000,000
|
|
Alastair Ford
|
3,636,363
|
12,000,000
|
27,000,000
|
|
Brian Hall
|
234,772,729
|
33,000,000
|
118,000,000
|
|
Andrew Hay
|
31,881,818
|
12,000,000
|
27,000,000
|
|
Robert O'Connell
|
34,170,490
|
35,000,000
|
131,000,000
|
|
Max Williams
|
75,227,273
|
29,000,000
|
114,000,000
|
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 Listing Sponsor & Joint
Broker)
Brian Garrahy
|
+353 1 679
6363
|
|
|
|
|
SP
Angel Corporate Finance LLP (Joint Broker)
Ewan Leggat/Adam
Cowl
|
+44 203
470 0470
|
|
|
|
|
Walbrook PR (PR
advisers)
Nick
Rome
|
+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
|
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 of the financial
instrument,
type of
instrument
Identification code
|
ORDINARY SHARES OF €0.0001
EACH
ISIN: IE00B1FR8863
|
|
b)
|
Nature of the
transaction
|
GRANT OF OPTIONS
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
STG 0.04 PENCE
|
15,000,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
20 AUGUST 2024
|
|
f)
|
Place of the transaction
|
OFF MARKET
|
|
g)
|
Additional Information
|
n/a
|
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
|
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 of the financial
instrument,
type of
instrument
Identification code
|
ORDINARY SHARES OF €0.0001
EACH
ISIN: IE00B1FR8863
|
|
b)
|
Nature of the
transaction
|
GRANT OF OPTIONS
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
STG 0.04 PENCE
|
15,000,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
20 AUGUST 2024
|
|
f)
|
Place of the transaction
|
OFF MARKET
|
|
g)
|
Additional Information
|
n/a
|
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
|
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 of the financial
instrument,
type of
instrument
Identification code
|
ORDINARY SHARES OF €0.0001
EACH
ISIN: IE00B1FR8863
|
|
b)
|
Nature of the
transaction
|
GRANT OF OPTIONS
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.04 PENCE
|
85,000,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
20 AUGUST 2024
|
|
f)
|
Place of the transaction
|
OFF MARKET
|
|
g)
|
Additional Information
|
n/a
|
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 of the financial
instrument,
type of
instrument
Identification code
|
ORDINARY SHARES OF €0.0001
EACH
ISIN: IE00B1FR8863
|
|
b)
|
Nature of the
transaction
|
GRANT OF OPTIONS
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
STG 0.04 PENCE
|
15,000,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
20 AUGUST 2024
|
|
f)
|
Place of the transaction
|
OFF MARKET
|
|
g)
|
Additional Information
|
n/a
|
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
|
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 of the financial
instrument,
type of
instrument
Identification code
|
ORDINARY SHARES OF €0.0001
EACH
ISIN: IE00B1FR8863
|
|
b)
|
Nature of the
transaction
|
GRANT OF OPTIONS
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.04 PENCE
|
85,000,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
20 AUGUST 2024
|
|
f)
|
Place of the transaction
|
OFF MARKET
|
|
g)
|
Additional Information
|
n/a
|
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
|
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 of the financial
instrument,
type of
instrument
Identification code
|
ORDINARY SHARES OF €0.0001
EACH
ISIN: IE00B1FR8863
|
|
b)
|
Nature of the
transaction
|
GRANT OF OPTIONS
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.04 PENCE
|
85,000,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
|
|
e)
|
Date of the transaction
|
20 AUGUST 2024
|
|
f)
|
Place of the transaction
|
OFF MARKET
|
|
g)
|
Additional Information
|
n/a
|