Grant of FY26 Performance Rights

Greatland Resources Limited

23 December 2025

 

Greatland Resources Limited

E: [e-mail]

W: https://greatland.com.au

: x.com/greatlandgold

NEWS RELEASE | 23 December 2025

Grant of FY26 Performance Rights

Greatland Resources Limited (Greatland Resources or the Company) (ASX: GGP and AIM: GGP) announces that it has granted FY26 performance rights (FY26 Performance Rights) under the Company's equity incentive plan to employees, including awards to two persons discharging managerial responsibilities (PDMRs).

Greatland's remuneration strategy is focused on ensuring that remuneration outcomes are aligned to the creation of shareholder value.  On 19 December 2025, the Company granted a total of 1,393,755 FY26 Performance Rights to employees, of which 167,939 FY26 Performance Rights were granted to Managing Director, Shaun Day, and 82,813 FY26 Performance Rights were granted to Chief Financial Officer, Monique Connolly. The balance of 1,143,003 FY26 Performance Rights were granted to employees who are not PDMRs of the Company.

The FY26 Performance Rights were issued under the "Greatland Equity Incentive Plan" (EIP), the key terms of which are described in Company's Notice of Annual General Meeting and Explanatory Memorandum dated 10 October 2025 (a copy of which is available on the Company's website: https://www.greatland.com.au/investors/shareholder-meetings/) (Notice of AGM 2025).  Pursuant to Resolutions 4 and 5 which were passed at the Company's Annual General Meeting held on 13 November 2025, shareholders approved the issue of up to 10,000,000 securities (including performance rights) under the EIP to eligible employees over a three-year period from the date of the resolution, including the grant of up to 167,939 FY26 Performance Rights to Shaun Day.

The FY26 Performance Rights entitle the holder, upon vesting and exercise, to receive one ordinary share in the Company for each vested right.  The vesting of a right is subject to the satisfaction of service and performance conditions which will be measured over a three-year period from 1 July 2025 to 30 June 2028, with the assessment being made by Greatland's Board of Directors at the conclusion of the FY28 financial year. The principal terms of the FY26 Performance Rights, including the performance measures and vesting conditions, are described in the explanatory notes to Resolution 5 in the Notice of AGM 2025.

PDMR dealing notifications

The following notification is provided in accordance with the requirements of the UK Market Abuse Regulation:

1	Details of the persons discharging managerial responsibility
a)	Name	1.   Shaun Day 2.   Monique Connolly
2	Reason for the notification
a)	Position/status	1.   Managing Director 2.   Chief Financial Officer
b)	Initial notification/amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Greatland Resources Limited
b)	Legal Entity Identifier Code	213800KQI75ZGE53GX44
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	Performance rights over Ordinary Shares with no exercise price
b)	Identification Code	AU0000397705
c)	Nature of the transaction	Grant of FY26 Performance Rights under the Company's employee incentive plan (Greatland Equity Incentive Plan)
d)	Currency	AUD - Australian Dollar
e)	Price(s) and Volume(s)	Shaun Day Date of grant Transaction Type Number of FY26 Performance Rights Price payable at grant Exercise price 19 December 2025 Grant of FY26 Performance Rights 167,939 Nil N/A Monique Connolly  Date of grant Transaction Type Number of FY26 Performance Rights Price payable at grant Exercise price 19 December 2025 Grant of FY26 Performance Rights 82,813 Nil N/A
f)	Aggregated Information -       Price -       Volume -       Total Price	n/a - single transaction
g)	Date of transaction	19 December 2025
h)	Place of transaction	Outside a trading venue

Contact

For further information, please contact:

Greatland Resources Limited

Shaun Day, Managing Director  |  Rowan Krasnoff, Chief Development Officer

[e-mail]   

Nominated Advisor

SPARK Advisory Partners

Andrew Emmott / James Keeshan / Neil Baldwin  |  [phone]

Corporate Brokers

Canaccord Genuity  |  James Asensio / George Grainger  |  [phone]

RBC Capital Markets | James Agnew / Jamil Miah / Scott Redwood | [phone]

Media Relations

Australia - Fivemark Partners  |  Michael Vaughan  |  [phone]

About Greatland

Greatland is a gold and copper mining company listed on the Australian Securities Exchange and London Stock Exchange's AIM Market (ASX:GGP and AIM:GGP) and operates its business from Western Australia.

The Greatland portfolio includes the 100% owned Telfer mine, the adjacent 100% owned brownfield world-class Havieron gold-copper development project, and a significant exploration portfolio within the surrounding region. The combination of Telfer and Havieron provides for a substantial and long life gold-copper operation in the Paterson Province in the East Pilbara region of Western Australia.

 

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