Directors' Dealings

RNS Number : 3038F

Greatland Gold PLC

26 July 2016

 

26 July 2016

Greatland Gold plc

("Greatland" or "the Company")

Directors' Dealings

Greatland Gold plc (LON:GGP), the London Stock Exchange AIM quoted precious and base metals exploration and development company was today notified of the following transactions by directors relating to their beneficial interests in the share capital of the Company.

Paul Johnson, Non-Executive Director of Greatland Gold purchased 2,500,000 ordinary shares of 0.1 pence each ("Ordinary Shares") in the Company today at an average price of 0.255 pence per share.

Andrew Bell, Non-Executive Chairman of Greatland Gold sold 2,500,000 Ordinary Shares at 0.245 pence and purchased 2,521,616 shares to his pension fund at a price per Ordinary Share of 0.257 pence.

Director Beneficial Holdings

Following this purchase, Paul and Michelle Johnson (Paul Johnson's spouse) together are the beneficial holders of 92,500,000 Ordinary Shares, representing 6.23 per cent of issued share capital of the Company.

Paul Johnson is also a Director of Metal Tiger plc which is the beneficial owner of 150,000,000 Greatland Gold shares, representing 10.1 per cent of the issued share capital of the Company.

Andrew Bell's beneficial interest in the Company is now 37,473,900 Ordinary Shares, representing 2.52 per cent of the current issued share capital of the Company.

Andrew Bell is also a director and shareholder of Regency Mines Plc, which has a beneficial interest in 1,500,000 Greatland Gold Ordinary Shares, representing 0.1 per cent of the issued share capital of the Company.

-ENDS-

Enquiries:

Greatland Gold PLC

Callum Baxter/Andrew Bell

Tel [phone]

Email:  [e-mail]

www.greatlandgold.com

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady / Sean Wyndham-Quin / James Keeshan

Tel [phone]

SI Capital Limited (Broker)

Nick Emerson / Andy Thacker

Tel  [phone]

Notes for Editors:

Greatland Gold plc is London listed (LON:GGP) natural resource exploration and development company with a current focus on gold and nickel exploration projects. 

The Company has four main projects; two situated in Western Australia and two in Tasmania.  All projects are 100% owned by Greatland. 

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.

 

END

 

 

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