Director/PDMR Shareholding

RNS Number : 7899D

Great Southern Copper PLC

24 October 2022

 

24 October 2022

Great Southern Copper plc

("GSC" or the "Company")

Director/PDMR Shareholding

Great Southern Copper plc (LSE: GSCU), the Company focused on copper-gold exploration in Chile, announces that Charles Bond, Chairman and Nick Briers, Non-Executive Director sold and repurchased Ordinary Shares through a Bed and ISA arrangement, in order to effect the transfer of the Ordinary Shares to their respective ISA accounts.

The transactions are summarised below:

Director	Shares sold	Shares acquired	Total holding following notification	% of current issued Ordinary Share capital
Charles Bond	736,365	736,365	736,365	0.35
Nick Briers	200,000	200,000	200,000	0.09

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charles Bond
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Great Southern Copper plc
b)	LEI	213800RF6N9WA8PZH313
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	ordinary shares of 1 pence each
	Identification code	ISIN: GB00BLB5BF24
b)	Nature of the transaction	1.  Sale of Ordinary Shares from share dealing account 2.  Repurchase of Ordinary Shares into ISA account
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1.  £0.024	736,365
			2.  £0.02404	736,365
d)	Aggregated information 1 Sale 2 Repurchase	Price(s) Volumes(s) Total £0.024 736,365 £17,672.76 £0.02404 736,365 £17,702.21
e)	Date of the transaction	21 October 2022
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nick Briers
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Great Southern Copper plc
b)	LEI	213800RF6N9WA8PZH313
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	ordinary shares of 1 pence each
	Identification code	ISIN: GB00BLB5BF24
b)	Nature of the transaction	1.  Sale of Ordinary Shares from share dealing account 2.  Repurchase of Ordinary Shares into ISA account
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1.  £0.024	200,000
			2.  £0.02404	200,000
d)	Aggregated information 1. Sale 2. Repurchase	Price(s) Volumes(s) Total £0.024 200,000 £4,800 £0.02404 200,000 £4,808
e)	Date of the transaction	21 October 2022
f)	Place of the transaction	London Stock Exchange

Enquiries:  

Great Southern Copper plc
Sam Garrett, Chief Executive Officer	[phone]
SI Capital Limited
Nick Emerson	[phone]
Gracechurch Group
Harry Chathli, Alexis Gore	[phone]

About Great Southern Copper 

Great Southern Copper is a mineral exploration company focused on copper-gold deposits in Chile. The Company has the option to acquire rights to 100% of two projects that are prospective for large porphyry style copper-gold deposits in the underexplored coastal belt of Chile, a globally significant mining jurisdiction and the world's largest copper producer. 

The two projects comprise the San Lorenzo Project, northeast of the coastal town of La Serena in northern Chile, and the Especularita Project located approximately 170km to the south of the San Lorenzo project. The two early-stage Cu-Au projects are within the same metallogenic belt as major coastal producing operations including Teck's Andacollo copper and gold mine. Significant historical small-scale and artisanal workings for both copper and gold are readily evident in both exploration project areas.

Great Southern Copper is strategically positioned to support the global market for copper, a key metal in the clean energy transition around the world. The Company is planning an exploration and evaluation two-year work programme for the copper-gold projects, targeting principally large tonnage, low to medium grade porphyry style Cu-Au deposits.

Further information on the Company is available on the Company's website: https://gscplc.com

 

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