REG - Great Southrn.Copper - Issue of Shares and Director/PDMR Shareholdings

Great Southern CopperAnnouncement

02/07/2025 12:45

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RNS Number : 4424P  Great Southern Copper PLC  02 July 2025

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.

 

2 July 2025

 

Great Southern Copper plc

("GSC" or the "Company")

 

Issue of Shares and Director/PDMR Shareholdings

 

Great Southern Copper plc (LSE: GSCU), the company focused on
copper-gold-silver exploration in Chile, announces that it has issued 811,240
new ordinary shares of 1p each ("New Ordinary Shares") to Charles Bond,
Chairman of Great Southern Copper, in accordance with the terms of Mr. Bond's
letter of appointment whereby it was agreed his salary will be paid quarterly
in ordinary shares.

 

In addition, the Company has issued 1,399,513 new ordinary shares of 1p each
in respect to the following:

 

·    999,649 new ordinary shares at £0.3705 per share as part payment to
the vendors of the Especuralita project under an option agreement with the
company; and

·    399,864 new ordinary shares at £0.3705 per share as part payment to
the vendors of the Artemisa project under an option agreement with the
company.

 

The New Ordinary Shares issued to Mr. Bond represent the share compensation
due from 1 October 2024 to 31 March 2025. The details of the issuance are set
out below:

 

 Period                   Value of share issuance GBP£   Number of new ordinary shares issued  Number of new ordinary shares held following the issuance  Percentage of the enlarged ordinary share capital

 1/10/2024 - 31/12/2024   £7,775                         560,908

 1/01/2025 - 31/03/2025   £7,780                         250,332                               7,381,470                                                  1.29%

 

 

Admission and Total Voting Rights

Application will be made for the 2,817,682 New Ordinary Shares, which will
rank pari passu in all respects with the existing ordinary shares in the
Company, to be admitted to the Standard List segment of Official List and to
trading on the main market of the London Stock Exchange plc, which is expected
to occur on or around 8.00 a.m. on 2 July 2025 ("Admission"). In addition, a
further 606,949 New Ordinary Shares will be applied for in relation to the
issuance to Mr Bond in January and April 2024 as previously announced.

 

The total number of issued shares and the total number of voting rights in the
Company is 573,521,400. The above figure should be used by shareholders in the
Company as the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to their
interest in, the share capital of the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.

 

Enquiries:

 

 Great Southern Copper plc
 Sam Garrett, Chief Executive Officer  +44 (0)20 4582 3500

 SI Capital Limited
 Nick Emerson                          +44 (0)14 8341 3500

 BlytheRay
 Tim Blythe / Megan Ray                +44 (0) 20 7138 3204

                                       gsc@blytheray.com

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities/ person 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                                                          213800RF6N9WA8PZH313
 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 1 pence each

     Identification code

                                                                  GB00BLB5BF24
 b)  Nature of the transaction                                    Shares issued in lieu of salary

 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            1.386p*   560,908
                                                                  3.108P**  250,332

 

                                                                  * weighted average share price from 1 October 2024 to 31 December 2024

                                                                  ** weighted average share price from 1 January 2025 to 31 March 2025

 e)  Date of the transaction                                      2 July 2025

 f)  Place of the transaction                                     Outside of trading venue - issued of new ordinary shares

 

* weighted average share price from 1 October 2024 to 31 December 2024

** weighted average share price from 1 January 2025 to 31 March 2025

 

e)

Date of the transaction

 

2 July 2025

 

f)

Place of the transaction

Outside of trading venue - issued of new ordinary shares

 

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 rights to 100% of two projects in the under-explored coastal
belt of Chile that are prospective for large scale copper-gold deposits. Chile
is a globally significant mining jurisdiction being the world's largest copper
producer and the second-largest producer of lithium.

 

The two early-stage Cu-Au projects comprise the Especularita and San Lorenzo
Projects, both 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 both exploration project areas.

 

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 deposits as
well as high-grade Cu-Au deposits.

 

Further information on the Company is available on the Company's website:
https://gscplc.com (https://gscplc.com)

 

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