RE: Question please if you can?22 May 2020 12:13
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 GBP84,000. 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.