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	[phone]
Max Williams, Finance Director	[phone]
Davy (NOMAD, Euronext Growth Adviser & Joint Broker) John Frain	[phone]
Novum Securities (Joint Broker) Jon Belliss	[phone]
Walbrook PR (PR advisers) Nick Rome/Nicholas Johnson	[phone]

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

 

END

 

 

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