Grant of Options

RNS Number : 6191C
Great Western Mining Corp. plc
23 February 2022
 

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 57.5 million share options, including grants to Directors, 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 23 February 2022 (the "Award Date") and the exercise price of the new options will be Sterling 0.13 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

3,000,000

Alastair Ford

3,000,000

Brian Hall

10,000,000

Andrew Hay

3,000,000

Robert O'Connell

10,000,000

Max Williams

10,000,000

 

Great Western has 3,577,510,005 ordinary shares of €0.0001 in issue.  In addition to the options being granted today, the Company has 85,666,667 Share Options outstanding with exercise prices ranging from 0.09 pence per share to 1.6 pence per share.  The Company also has also granted warrants and currently has outstanding a total of 712,999,999 Warrants with exercise prices ranging from of 0.16 pence per share to 0.30 pence per share.

 

The Directors' interests in the shares of Great Western are:

 


Shares

Warrants

Options

pre-grant

Options

post-grant

Gemma Cryan

-

-

6,000,000

9,000,000

Alastair Ford

-

-

6,000,000

9,000,000

Brian Hall

85,000,000

31,250,000

19,666,667

29,666,667

Andrew Hay

13,700,000

-

6,000,000

9,000,000

Robert O'Connell

21,670,490

-

26,000,000

36,000,000

Max Williams

50,000,000

31,250,000

9,000,000

19,000,000

 

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 Adviser & Joint Broker)

John Frain

 

+353 1 679 6363



Novum Securities (Joint Broker)

Jon Belliss 

 

+44 207 399 9400



Walbrook PR (PR advisers)

Nick Rome/Nicholas Johnson 

 

+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

 

 

 

 

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 0.13 PENCE

3,000,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

e)

Date of the transaction

23 FEBRUARY 2022

 

 

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

 

 

 

 

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 0.13 PENCE

3,000,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

 

e)

Date of the transaction

23 FEBRUARY 2022

 

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

BRIAN HALL

 

 

 

Reason for the notification

 

a)

Position/status

EXECUTIVE CHAIRMAN

 

 

 

b)

Initial Notification Amendment

 

 

 

 

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)

0.13 PENCE

10,000,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

e)

Date of the transaction

23 FEBRUARY 2022

 

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

 

 

 

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 0.13 PENCE

3,000,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

e)

Date of the transaction

23 FEBRUARY 2022

 

 

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

ROBERT O'CONNELL

 

 

 

Reason for the notification

 

a)

Position/status

OPERATIONS DIRECTOR

 

 

 

b)

Initial Notification Amendment

 

 

 

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)

0.13 PENCE

10,000,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

e)

Date of the transaction

23 FEBRUARY 2022

 

 

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

MAX WILLIAMS

 

 

 

Reason for the notification

 

a)

Position/status

FINANCE DIRECTOR

 

 

 

b)

Initial Notification Amendment

 

 

 

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)

0.13 PENCE

10,000,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

 

 

e)

Date of the transaction

23 FEBRUARY 2022

 

 

f)

Place of the transaction

OFF MARKET

 

 

 

g)

Additional Information

 

 

 

 

 

 

 

 

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