REG - Great Western Mining - Grant of Share Options
4 November 2021
GREAT WESTERN MINING CORPORATION PLC
("Great Western" or the "Company")
Grant of Share Options
Great Western Mining Corporation PLC (AIM: GWMO & ESM: 8GW) announces that it has granted a total of 18 million share options to Non-Executive Directors. The grant is in accordance with the rules of the Company's Share Option Plan 2014 which was approved by shareholders on 17 July 2014.
The share option awards were approved by the Board on 1 November 2021 (the "Award Date") and the exercise price of the new options will be Sterling 0.123 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 Managerial Responsibilities ("PDMR"):
Gemma Cryan
6,000,000
Alastair Ford
6,000,000
Andrew Hay
6,000,000
The interests of these PDMR's in the shares of Great Western are:
Shares
Options
pre-grant
Options
post-grant
Gemma Cryan
-
-
6,000,000
Alastair Ford
-
-
6,000,000
Andrew Hay
13,700,000
-
6,000,000
Great Western has 3,577,510,005 ordinary shares of €0.0001 in issue. Following this grant, there is a total of 85,666,667 options outstanding, representing approximately 2.39% of the current issued share capital of the Company.
For further information:
Great Western Mining Corporation PLC
Brian Hall, Chairman
Max Williams, Finance Director
+44 207 933 8795 (via Walbrook PR)
+44 207 933 8795 (via Walbrook PR)
Davy (Nomad, Euronext Growth Adviser & Joint Broker)
John Frain
+353 1 679 6363
Novum Securities (Joint Broker)
Jon Belliss
+44 207 399 9400
Walbrook PR
Nick Rome
+44 207 933 8795
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 0.123 PENCE
6,000,000
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
4 NOVEMBER 2021
f)
Place of the transaction
OFF MARKET
g)
Additional Information
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 0.123 PENCE
6,000,000
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
4 NOVEMBER 2021
f)
Place of the transaction
OFF MARKET
g)
Additional Information
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 0.123 PENCE
6,000,000
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
4 NOVEMBER 2021
f)
Place of the transaction
OFF MARKET
g)
Additional Information
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