Great Southrn.Copper - Grant of Share Options
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
5 June 2026
Great Southern Copper plc
("GSC" or the "Company")
Grant of Share Options
Great Southern Copper plc (LSE: GSCU), the company focused on copper-gold and silver exploration in Chile, announces that pursuant to its Share Option Plan 2023 ("2023 SOP"), the Board has approved the grant of 23,750,000 share options priced at 2.7p to Directors and employees of the Company. In addition, the Board has approved the grant of 2,700,000 share options at 1.0p to the Chilean exploration team of the Company.
The share options have been granted on the recommendation of the Remuneration Committee.
The share options have been granted as follows:
Name
Role
Number of options granted
Exercise price (of the grant
Total options held post issue
Charles Bond
Chairman
3,000,000
2.7p
8,500,000
Sam Garrett
Chief Executive Officer
8,000,000
2.7p
24,000,000
Martin Page
Chief Financial Officer
5,000,000
2.7p
15,000,000
Nicholas Briers
Non-executive Director
2,500,000
2.7p
6,500,000
Stuart Greene
Non-executive Director
2,500,000
2.7p
6,500,000
Employees/Consultants
Exploration team
2,750,000
2.7p
9,438,233
Employees
Exploration team
2,700,000
1.0p
4,345,023
Conditional upon continuing employment with the Company, the options will vest in three years from grant. There are no other vesting conditions.
Following this award the Company will have 73,283,256 share options in issue under the existing share option schemes, representing 9.5% of the existing issued share capital of the Company.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Charles Bond
2
Reason for the notification
a)
Position/status
Chairman
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Great Southern Copper plc
b)
LEI
213800RF6N9WA8PZH31
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 no par value
GB00BLB5BF24
b)
Nature of the transaction
Award of option to purchase ordinary shares of the Company. Following the transaction, Mr Bond holds 8,500,000 options to purchase ordinary shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.7p
3,000,000
d)
Aggregated information
Aggregated volume
- Price
2.7p
e)
Date of the transaction
4 June 2026
Note: the Company is not considered in a close period at the time of this transaction.
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Sam Garrett
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Great Southern Copper plc
b)
LEI
213800RF6N9WA8PZH31
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 no par value
GB00BLB5BF24
b)
Nature of the transaction
Award of option to purchase ordinary shares of the Company. Following the transaction, Mr Garrett holds 24,000,000 options to purchase ordinary shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.7p
8,000,000
d)
Aggregated information
Aggregated volume
- Price
2.7p
e)
Date of the transaction
4 June 2026
Note: the Company is not considered in a close period at the time of this transaction.
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Martin Page
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Great Southern Copper plc
b)
LEI
213800RF6N9WA8PZH31
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 no par value
GB00BLB5BF24
b)
Nature of the transaction
Award of option to purchase ordinary shares of the Company. Following the transaction, Mr Page holds 15,000,000 options to purchase ordinary shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.7p
5,000,000
d)
Aggregated information
Aggregated volume
- Price
2.7p
e)
Date of the transaction
4 June 2026
Note: the Company is not considered in a close period at the time of this transaction.
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Nicholas Briers
2
Reason for the notification
a)
Position/status
Non-executive Director
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Great Southern Copper plc
b)
LEI
213800RF6N9WA8PZH31
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 no par value
GB00BLB5BF24
b)
Nature of the transaction
Award of option to purchase ordinary shares of the Company. Following the transaction, Mr Briers holds 6,500,000 options to purchase ordinary shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.7p
2,500,000
d)
Aggregated information
Aggregated volume
- Price
2.7p
e)
Date of the transaction
4 June 2026
Note: the Company is not considered in a close period at the time of this transaction.
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Stuart Greene
2
Reason for the notification
a)
Position/status
Non-executive Director
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Great Southern Copper plc
b)
LEI
213800RF6N9WA8PZH31
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 no par value
GB00BLB5BF24
b)
Nature of the transaction
Award of option to purchase ordinary shares of the Company. Following the transaction, Mr Greene holds 6,500,000 options to purchase ordinary shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.7p
2,500,000
d)
Aggregated information
Aggregated volume
- Price
2.7p
e)
Date of the transaction
4 June 2026
Note: the Company is not considered in a close period at the time of this transaction.
f)
Place of the transaction
Outside a trading venue
Contact Details:
Great Southern Copper plc
Sam Garrett, Chief Executive Officer
+44 (0) 20 4582 3500
SI Capital Limited
Nick Emerson
+44 (0) 1483 413500
BlytheRay
Tim Blythe / Megan Ray
+44 (0) 20 7138 3204
gsc@blytheray.com
Notes for Editors:
About Great Southern Copper
Great Southern Copper PLC is a UK-listed mineral exploration company focused on the discovery of copper-gold-silver deposits in Chile. The Company has the option to acquire mining rights to 100% of Especularita project in the under-explored coastal belt of Chile that is prospective for large scale copper-gold-silver deposits. Chile is a globally significant mining jurisdiction being the world's largest producer and exporter of copper.
The Especularita Project is located in the coastal metallogenic belt of Chile which hosts significant copper mines and deposits, including Teck's Carmen de Andacollo copper mine, and boasts excellent access to infrastructure such as roads, power and ports. Significant historical small-scale and artisanal workings for both copper and gold are readily evident in the exploration project area. The coastal belt offers deposit type optionality for copper including porphyry and IOCG style deposits as well as newly recognised intrusive-related copper and gold deposits.
Great Southern Copper is strategically positioned to support the global market for copper - a critical battery metal in the clean energy transition around the world. The Company is actively engaged in exploration and evaluation work programmes targeting both large tonnage, low to medium grade Cu-Au as well as high-grade Cu-Ag-Au deposits.
Further information on the Company is available on the Company's website: https://gscplc.com
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