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REG - Great Southrn.Copper - Grant of Share Options

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RNS Number : 1920H  Great Southern Copper PLC  05 June 2026

 

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  Ordinary shares of no par value

     Identification code

                                                                  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

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  Ordinary shares of no par value

     Identification code

                                                                  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

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  Ordinary shares of no par value

     Identification code

                                                                  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

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  Ordinary shares of no par value

     Identification code

                                                                  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

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  Ordinary shares of no par value

     Identification code

                                                                  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

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 (https://gscplc.com)

 

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