Grant of Options

Great Western Mining Corp. plc

20 August 2024

 

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 400 million share options, including grants to Directors, in accordance with the rules of the Company's Share Option Plan 2014.

The share option awards were approved by the Board on 20 August 2024 (the "Award Date") and the exercise price of the new options will be Sterling 0.04 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	15,000,000
Alastair Ford	15,000,000
Brian Hall	85,000,000
Andrew Hay	15,000,000
Robert O'Connell	85,000,000
Max Williams	85,000,000

Great Western has 8,346,945,746 ordinary shares of €0.0001 in issue.  In addition to the options being granted today, the Company has 160,000,000 Share Options outstanding with exercise prices ranging from 0.09 pence per share to 0.8 pence per share.

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

	Shares	Options pre-grant	Options post-grant
Gemma Cryan	9,090,909	12,000,000	27,000,000
Alastair Ford	3,636,363	12,000,000	27,000,000
Brian Hall	234,772,729	33,000,000	118,000,000
Andrew Hay	31,881,818	12,000,000	27,000,000
Robert O'Connell	34,170,490	35,000,000	131,000,000
Max Williams	75,227,273	29,000,000	114,000,000

For further information:

Great Western Mining Corporation PLC
Brian Hall, Chairman	[phone]
Max Williams, Finance Director	[phone]
Davy (NOMAD, Euronext Growth Listing Sponsor & Joint Broker) Brian Garrahy	[phone]
SP Angel Corporate Finance LLP (Joint Broker) Ewan Leggat/Adam Cowl	[phone]
Walbrook PR (PR advisers) Nick Rome	[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	Initial
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 0.04 PENCE 15,000,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	20 AUGUST 2024
f)	Place of the transaction	OFF MARKET
g)	Additional Information	n/a

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	Initial
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 0.04 PENCE 15,000,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	20 AUGUST 2024
f)	Place of the transaction	OFF MARKET
g)	Additional Information	n/a

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	Initial
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) 0.04 PENCE 85,000,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	20 AUGUST 2024
f)	Place of the transaction	OFF MARKET
g)	Additional Information	n/a

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	Initial
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 0.04 PENCE 15,000,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	20 AUGUST 2024
f)	Place of the transaction	OFF MARKET
g)	Additional Information	n/a

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	Initial
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) 0.04 PENCE 85,000,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	20 AUGUST 2024
f)	Place of the transaction	OFF MARKET
g)	Additional Information	n/a

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	Initial
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) 0.04 PENCE 85,000,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	20 AUGUST 2024
f)	Place of the transaction	OFF MARKET
g)	Additional Information	n/a

 

END