Last checked at 6 Jul 2018 10:24
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
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a) | Name |
Brian Hall
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| Reason for the notification
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a) | Position/status |
Chairman
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b) | Initial Notification Amendment |
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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
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction |
05 July 2018
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f) | Place of the transaction |
Off Market
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g) | Additional Information |
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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
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| Reason for the notification
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a) | Position/status |
Chief Executive Officer
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b) | Initial Notification Amendment |
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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
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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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
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| Reason for the notification
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a) | Position/status |
Finance Director
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b) | Initial Notification Amendment |
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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) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
| ||||
e) | Date of the transaction |
05 July 2018
| ||||
f) | Place of the transaction | Off Market
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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
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| Reason for the notification
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a) | Position/status |
Operations Director
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b) | Initial Notification Amendment |
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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) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
| ||||
e) | Date of the transaction |
05 July 2018
| ||||
f) | Place of the transaction | Off Market
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g) | Additional Information |
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ENQUIRIES:
Great Western Mining Corporation Plc David Fraser, Chief Executive
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| +44 207 933 8795 (via Walbrook) |
Davy (Nomad, ESM Adviser & Joint Broker) John Frain
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| +353 1 679 6363
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Novum Securities Limited (Joint Broker) Jon Belliss
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+44 207 399 9400 |
Walbrook PR (UK PR and IR) Paul Cornelius Nick Rome |
| +44 207 933 8795 greatwesternmining@walbrookpr.com
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