Company Announcements

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

pre-grant

Options

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, Chairman                                                       

+44 207 933 8780

Max Williams, Finance Director                                 

+44 207 933 8780



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 Rome                                         

 

+44 207 933 8783

 

 

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 0.04 PENCE

15,000,000

 

 

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,

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 0.04 PENCE

15,000,000

 

 

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,

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)

0.04 PENCE

85,000,000

 

 

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,

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 0.04 PENCE

15,000,000

 

 

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,

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)

0.04 PENCE

85,000,000

 

 

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,

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)

0.04 PENCE

85,000,000

 

 

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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