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GWMO Great Western Mining Corporation Plc

0.0465
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Great Western Mining Corporation Plc LSE:GWMO London Ordinary Share IE00B1FR8863 ORD EUR0.0001 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0465 0.045 0.048 0.0465 0.0465 0.0465 2,676,217 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Metal Mining Services 0 -792k -0.0002 -2.50 1.79M

Great Western Mining Corp. plc Exercise of Share Options (8579T)

06/07/2018 10:24am

UK Regulatory


Great Western Mining (LSE:GWMO)
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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 GBP40,000 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              Ordinary Shares of EUR0.0001 each in Great 
       of the financial         Western Mining Corporation PLC 
       instrument, 
       type of 
       instrument 
       Identification           ISIN: IE00B1FR8863 
       code 
     =======================  ============================================== 
 b)   Nature of 
       the transaction           Result of Option 
     =======================  ============================================== 
 c)   Price(s) and               Price(s)     Volume(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              Ordinary Shares of EUR0.0001 each in Great 
       of the financial         Western Mining Corporation PLC 
       instrument, 
       type of 
       instrument 
       Identification           ISIN: IE00B1FR8863 
       code 
     =======================  ============================================== 
 b)   Nature of 
       the transaction           Result of Option 
     =======================  ============================================== 
 c)   Price(s) and               Price(s)     Volume(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              Ordinary Shares of EUR0.0001 each in Great 
       of the financial         Western Mining Corporation PLC 
       instrument, 
       type of 
       instrument 
       Identification           ISIN: IE00B1FR8863 
       code 
     =======================  ============================================== 
 b)   Nature of 
       the transaction           Result of Option 
     =======================  ============================================== 
 c)   Price(s) and               Price(s)     Volume(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             Off Market 
       transaction 
     =======================  ============================================== 
 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              Ordinary Shares of EUR0.0001 each in Great 
       of the financial         Western Mining Corporation PLC 
       instrument, 
       type of 
       instrument 
       Identification           ISIN: IE00B1FR8863 
       code 
     =======================  ============================================== 
 b)   Nature of 
       the transaction           Result of Option 
     =======================  ============================================== 
 c)   Price(s) and               Price(s)     Volume(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             Off Market 
       transaction 
     =======================  ============================================== 
 g)   Additional 
       Information 
     =======================  ============================================== 
 

ENQUIRIES:

 
 Great Western Mining           +44 207 933 8795 (via Walbrook) 
  Corporation Plc 
  David Fraser, Chief 
  Executive 
 Davy (Nomad, ESM Adviser 
  & Joint Broker) 
  John Frain                    +353 1 679 6363 
 
   Novum Securities Limited 
   (Joint Broker) 
   Jon Belliss                    +44 207 399 9400 
 Walbrook PR (UK PR and         +44 207 933 8795 
  IR)                            greatwesternmining@walbrookpr.com 
  Paul Cornelius 
  Nick Rome 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

IOEGCGDRBDGBGIL

(END) Dow Jones Newswires

July 06, 2018 05:24 ET (09:24 GMT)

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