RNS27 May 2020 10:13
Greatland Gold plc
("Greatland" or "the Company")
Exercise of Options
Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precious
and base metals exploration and development company, announces the exercise of
options by an employee.
The Company has received a binding option exercise notice from an employee,
who is not a Director or PDMR, for 6,000,000 options at 1.4 pence per share
for a total consideration of £84,000. As a result of the option conversion,
6,000,000 new ordinary shares are expected to be admitted to trading on or
around 1 June 2020 ("Admission").
Following Admission, the total issued share capital of the Company will
consist of 3,694,391,766 ordinary shares. As such the total number of voting
rights in the Company will be 3,694,391,766 ordinary shares. This number may
be used by shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a change
to their interest in, the Company under the FCA's Disclosure and Transparency
Rules.