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REG - Great Western Mining - Grant of Options

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RNS Number : 1301B  Great Western Mining Corp. plc  20 August 2024

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     Options

                                pre-grant   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,                                                                                                              +44 207 933 8780
 Chairman
 Max Williams, Finance                                                                                                    +44 207 933 8780
 Director

 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                                                                                                                     +44 207 933 8783
 Rome

 

 

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,   ORDINARY SHARES OF €0.0001 EACH

     type  of

     instrument                                  ISIN: IE00B1FR8863

     Identification code
 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                         n/a

     - Price

 e)  Date of the transaction                     20 AUGUST 2024

 f)  Place of the transaction                    OFF MARKET

 g)  Additional Information

                                                 n/a

 

 

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,   ORDINARY SHARES OF €0.0001 EACH

     type  of

     instrument                                  ISIN: IE00B1FR8863

     Identification code
 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                         n/a

     - Price

 e)  Date of the transaction                     20 AUGUST 2024

 f)  Place of the transaction                    OFF MARKET

 g)  Additional Information

                                                 n/a

 

 

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,   ORDINARY SHARES OF €0.0001 EACH

     type  of

     instrument                                   ISIN: IE00B1FR8863

     Identification code
 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                         n/a

     - Price

 e)  Date of the transaction                     20 AUGUST 2024
 f)  Place of the transaction                    OFF MARKET

 g)  Additional Information

                                                 n/a

 

 

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,   ORDINARY SHARES OF €0.0001 EACH

     type  of

     instrument                                  ISIN: IE00B1FR8863

     Identification code
 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                         n/a

     - Price

 e)  Date of the transaction                     20 AUGUST 2024

 f)  Place of the transaction                    OFF MARKET

 g)  Additional Information

                                                 n/a

 

 

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,   ORDINARY SHARES OF €0.0001 EACH

     type  of

     instrument                                  ISIN: IE00B1FR8863

     Identification code
 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                         n/a

     - Price

 e)  Date of the transaction                     20 AUGUST 2024

 f)  Place of the transaction                    OFF MARKET

 g)  Additional Information

                                                 n/a

 

 

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,   ORDINARY SHARES OF €0.0001 EACH

     type  of

     instrument                                  ISIN: IE00B1FR8863

     Identification code
 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                         n/a

     - Price

 e)  Date of the transaction                     20 AUGUST 2024

 f)  Place of the transaction                    OFF MARKET

 g)  Additional Information

                                                 n/a

 

 

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

 

 

 

 

 

 

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