Exercise of Share Options

RNS Number : 8579T

Great Western Mining Corp. plc

06 July 2018

 

Great Western Mining Corporation PLC

Exercise of Share Options

Great Western Mining Corporation PLC, the AIM (AIM: GWMO) and ESM (ESM: 8GW) quoted mineral exploration company, announces that it has received notices from the Directors to exercise share options (the "Share Options") over a total of 8,000,000 new ordinary shares at an exercise price of 0.50 pence per ordinary share ("Ordinary Shares") raising £40,000 for the Company. Details of the individual notices are set out below:

Notifier                                               Number of Share Options Exercised

Brian Hall                                            1,333,333

David Fraser                                        2,666,667

Melvyn Quiller                                    2,000,000

Robert O'Connell                                 2,000,000

Following the exercise of the Share Options and the issue by the Company of the underlying stock the beneficial interests of the Directors will be as follows:

Director                                              Number of ordinary shares  

Brian Hall                                             2,916,666

David Fraser                                        5,166,667

Melvyn Quiller                                    4,597,813

Robert O'Connell                                 11,670,490                 

Application will be made to The London Stock Exchange and Euronext Dublin for the Ordinary Shares to be admitted to trading on AIM and ESM, with admission expected to occur on or around 30 July 2018.The new ordinary shares will rank equally in all respects with the Company's existing ordinary shares.

Following the issue of the Ordinary Shares and pursuant to the issue of the 77,000,000 Ordinary Shares as a result of the placing announced by the Company 03 July 2018, the total number of ordinary shares in issue will be 677,673,809. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.

 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	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 in Great Western Mining Corporation PLC ISIN: IE00B1FR8863
b)	Nature of the transaction	Result of Option
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5 pence 1,333,333
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	05 July 2018
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	David Fraser
	Reason for the notification
a)	Position/status	Chief Executive Officer
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 in Great Western Mining Corporation PLC ISIN: IE00B1FR8863
b)	Nature of the transaction	Result of Option
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5 pence 2,666.667
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	05 July 2018
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	Melvyn Quiller
	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 in Great Western Mining Corporation PLC ISIN: IE00B1FR8863
b)	Nature of the transaction	Result of Option
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5 pence 2,000,000
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	05 July 2018
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 in Great Western Mining Corporation PLC ISIN: IE00B1FR8863
b)	Nature of the transaction	Result of Option
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.5 pence 2,000,000
d)	Aggregated information - Aggregated volume - Price
e)	Date of the transaction	05 July 2018
f)	Place of the transaction	Off Market
g)	Additional Information

ENQUIRIES:

Great Western Mining Corporation Plc David Fraser, Chief Executive		[phone] (via Walbrook)
Davy (Nomad, ESM Adviser & Joint Broker) John Frain		[phone]
Novum Securities Limited (Joint Broker) Jon Belliss		[phone]
Walbrook PR (UK PR and IR) Paul Cornelius Nick Rome		[phone]      [e-mail]

 

END

 

 

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