GREATLAND GOLD PLC

AGM Information • May 19, 2025

National Storage Mechanism | Additional information

RNS Number : 1160J

Greatland Gold PLC

19 May 2025

Greatland Gold plc (AIM: GGP)

E: [email protected]

W: https://greatlandgold.com

: twitter.com/greatlandgold

NEWS RELEASE | 19 May 2025

Surrender of options, issue of shares, PDMR dealings and total voting rights

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK MARKET ABUSE REGULATIONS.  ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN .

Further to its announcement on 22 April 2025, Greatland Gold plc (AIM:GGP) (Greatland or the Company), announces that it has cancelled an aggregate of 327,700,000 options over ordinary shares in the Company (Ordinary Shares) held by certain Directors and persons discharging managerial responsibility (PDMRs) and a further 170,000,000 options over Ordinary Shares held by a number of other senior employees, in each case for a consideration of 6.64 pence per option. 

As announced on 22 April 2025, those Directors, PDMRs and employees have agreed to reinvest 50% of the consideration payable to them to subscribe for new Ordinary Shares at a price per share of 11.87 pence, being the 1 day VWAP of an Ordinary Share on AIM on 16 May 2025. 139,248,894 new fully paid ordinary shares (New Ordinary Shares) are being subscribed for in aggregate and application has been made to the London Stock Exchange for 139,248,894 New Ordinary Shares to be admitted to trading on AIM (Admission). Admission is expected to occur at 8.00am on 20 May 2025.

The number of New Ordinary Shares being subscribed for by the relevant Directors and Persons Discharging Managerial Responsibilities and their resulting interests are as follows:

Name	Number of Options and Performance Share Rights cancelled	Resulting number of Options and Performance Share Rights	Total consideration	New Ordinary Shares being subscribed for	Subscription	Number of Ordinary Shares held following the subscription
Directors
Mark Barnaba	100,000,000	nil	£6,640,000	27,978,479	£3,320,000	29,567,782
Elizabeth Gaines	55,000,000	nil	£3,652,000	15,388,164	£1,826,000	16,447,699
Shaun Day	72,700,000	44,574,065	£4,827,280	20,340,355	£2,413,640	23,018,658
Paul Hallam	40,000,000	nil	£2,656,000	11,191,392	£1,328,000	11,986,043
Jimmy Wilson	40,000,000	nil	£2,656,000	11,191,392	£1,328,000	11,986,043
PDMR
Monique Connolly	20,000,000	8,709,808	£ 1,328,000	5,595,696	£664,000	5,595,696
Total	327,700,000	53,283,873	£ 21,759,280	91,685,478	£10,879,640	98,601,921

Additionally, employees have surrendered for cancellation a further 170,000,000 options for total consideration of £11,288,000, of which £5,644,000 has been reinvested to subscribe for 47,563,415 New Ordinary Shares.

The New Ordinary Shares issued to each holder (and the ordinary shares in Greatland Resources Limited to be issued in exchange for those New Ordinary Shares under the scheme of arrangement approved by shareholders on 12 May 2025) will be subject to a lock-in for a period of 12 months following the date of issue of the New Ordinary Shares, subject to limited market standard exceptions for lock-ins.

Admission of shares and total voting rights

The total issued share capital of the Company consists of 13,218,543,496 Ordinary Shares.  As each Ordinary Share carries the right to one vote, the total number of voting rights in the Company will be 13,218,543,496.  No Ordinary Shares are held in treasury.

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.

Contact

For further information, please contact:

Greatland Gold plc

Shaun Day, Managing Director | Rowan Krasnoff, Chief Development Officer

[email protected]  

Nominated Advisor

SPARK Advisory Partners

Andrew Emmott / James Keeshan / Neil Baldwin  |  +44 203 368 3550

Corporate Brokers

Canaccord Genuity  |  James Asensio / George Grainger  |  +44 207 523 8000

SI Capital Limited  |  Nick Emerson / Sam Lomanto  |  +44 148 341 3500

Media Relations

Australia - Fivemark Partners  |  Michael Vaughan  |  +61 422 602 720

UK - Gracechurch Group  | Harry Chathli / Alexis Gore / Henry Gamble  |  +44 204 582 3500

About Greatland

Greatland is a gold and copper mining company listed on the London Stock Exchange's AIM Market (LSE:GGP) and operates its business from Western Australia.

The Greatland portfolio includes the 100% owned Telfer gold-copper mine, the adjacent 100% owned world class Havieron gold-copper project (under development), and a significant exploration portfolio within the surrounding region. The combination of Telfer and Havieron provides for a substantial and long life gold-copper operation in the Paterson Province of Western Australia.

The group is targeting a cross listing on the ASX and AIM in the June quarter 2025.

PDMR dealing notifications

The following notifications are provided in accordance with the requirements of the UK Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Company directors/officers:
1.   Mark Barnaba 2.   Elizabeth Gaines 3.   Paul Hallam 4.   James Wilson 5.   Shaun Day 6.   Monique Connolly	Chairman Non-Executive Director Non-Executive Director Non-Executive Director Managing Director Chief Financial Officer

2

Reason for the notification

a)

Position/status

See 1(a) above for all positions - classified as PDMRs of the Company

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Greatland Gold plc

b)

LEI

213800KMN7LDF4VRPQ10

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

GB00B15XDH89

b)

Nature of the transaction  

Subscription for Ordinary Shares

c)

Price(s) and volume(s)

Subscription price of 11.87 pence per Ordinary Share

Number of Ordinary Shares subscribed for
1.   Mark Barnaba 2.   Elizabeth Gaines 3.   Paul Hallam 4.   James Wilson 5.   Shaun Day 6.   Monique Connolly	27,978,479 15,388,164 11,191,392 11,191,392 20,340,355 5,595,696

d)

Aggregated information

Volume Price

n/a - single transaction

e)

Date of the transaction  

19 May 2025

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Company directors/officers:
1.   Mark Barnaba 2.   Elizabeth Gaines 3.   Paul Hallam 4.   James Wilson 5.   Shaun Day 6.   Monique Connolly	Chairman Non-Executive Director Non-Executive Director Non-Executive Director Managing Director Chief Financial Officer

2

Reason for the notification

a)

Position/status

See 1(a) above for all positions - classified as PDMRs of the Company

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Greatland Gold plc

b)

LEI

213800KMN7LDF4VRPQ10

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

Options over Ordinary Shares

GB00B15XDH89

b)

Nature of the transaction  

Surrender of Options over Ordinary Shares

c)

Price(s) and volume(s)

6.64 pence per option surrendered.

Number of Options Surrendered
1.   Mark Barnaba 2.   Elizabeth Gaines 3.   Paul Hallam 4.   James Wilson 5.   Shaun Day 6.   Monique Connolly	100,000,000 55,000,000 40,000,000 40,000,000 72,700,000 20,000,000

d)

Aggregated information

Volume Price

n/a - single transaction

e)

Date of the transaction  

19 May 2025

f)

Place of the transaction

Outside a trading venue

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