23:57 Tue 16 Jun 2020
Greatland Gold PLC - Exercise of Options and Director Dealing
16 June 2020
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).
Greatland Gold plc
("Greatland" or "the Company")
Exercise of Options and Director Dealing
The Company has received binding option exercise notices from directors for 31,500,000 options at various exercise prices (detailed below) for a total amount of
Director |
Position |
Number of Options |
Exercise Price |
Consideration |
Shares to be issued |
|
Chief Executive Officer |
14,000,000 |
1.4p |
|
14,000,000 |
|
Chief Technical Officer |
17,500,000 |
0.7p |
|
17,500,000 |
As a result of the option conversions, 31,500,000 new ordinary shares are expected to be admitted to trading on or around
Following Admission, the total issued share capital of the Company will consist of 3,736,303,929 ordinary shares. As such the total number of voting rights in the Company will be 3,736,303,929 ordinary shares. This number may be used by shareholders 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 Company under the
The Company has been notified that
The Company has been notified that
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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 |
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a) |
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2. |
Reason for the notification |
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a) |
Position/status |
See 1(a) above for all positions - all classified as PDMRs of the Company |
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b) |
Initial notification/Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
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b) |
LEI |
213800KMN7LDF4VRPQ10 |
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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 |
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a) |
Description of the financial instrument |
Ordinary Shares of |
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b) |
Identification code |
GB00B15XDH89 |
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c) |
Nature of the transactions |
Exercise of Options over Ordinary Shares & Sale of Shares |
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d) |
Price(s) and volume(s) |
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e) |
Aggregated information - Aggregated volume - Price |
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f) |
Date of the transactions |
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f) |
Place of the transactions |
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Enquiries:
Tel: +44 (0)20 3709 4900
Email: info@greatlandgold.com
Tel: +44 (0)20 3368 3550
Tel: +44 (0)14 8341 3500
Tel: +44 (0)20 7260 1000
Harry Chathli/
Tel: +44 (0)20 7618 9100
Notes for Editors:
The Company has six main projects; four situated in
In
Greatland is seeking to identify large mineral deposits in areas that have not been subject to extensive exploration previously. It is widely recognised that the next generation of large deposits will come from such under-explored areas and Greatland is applying advanced exploration techniques to investigate a number of carefully selected targets within its focused licence portfolio.
The Company is also actively investigating a range of new opportunities in precious and strategic metals and will update the market on new opportunities as and when appropriate.
This information is provided by RNS, the news service of the
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