Greatland Gold PLC Director Dealing (4004V)
06 Agosto 2020 - 2:28PM
UK Regulatory
TIDMGGP
RNS Number : 4004V
Greatland Gold PLC
06 August 2020
6 August 2020
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
Greatland Gold plc
("Greatland" or "the Company")
Director Dealing
Greatland Gold plc (LON:GGP), the London Stock Exchange AIM
listed precious and base metals exploration and development
company, announces the sale of shares by a director.
The Company has been notified that Gervaise Heddle, Chief
Executive Officer, has sold 2,750,000 ordinary shares of 0.1 pence
in the capital of the Company ("Ordinary Shares") at a price of
14.1091 pence for a total consideration of GBP388,000 on 5 August
2020 and 6 August 2020. Following the sale of shares, Gervaise
Heddle has a holding of 74,000,000 Ordinary Shares, representing
2.0% of the issued share capital of the Company, and holds
27,000,000 share options at various strike prices.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities / person closely associated
with them.
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Company directors/officers:
Name Gervaise Heddle Chief Executive Officer
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2. Reason for the notification
------------------------------------------------------------------------------------------------
a) Position/status See 1(a) above for all positions -
all 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 Ordinary Shares of 0.1 pence each
instrument
------------------------------- ---------------------------------------------------------------
b) Identification code GB00B15XDH89
------------------------------- ---------------------------------------------------------------
c) Nature of the transactions Sale of Ordinary Shares
------------------------------- ---------------------------------------------------------------
d) Price(s) and volume(s) Gervaise Heddle Date Transaction Amount Price
Type
S ale of
5 August Ordinary
2020 Shares 1,500,000 14.2p
------------- ------------ ------
S ale of
6 August Ordinary
2020 Shares 1,2 5 0,000 14.0p
------------- ------------ ------
------------------------------- ---------------------------------------------------------------
e) Aggregated information Transaction Type Amount Price
- Aggregated volume Sale of Ordinary 14.1
- Price Shares 2,7 5 0,000 091 p
------------ -------
------------------------------- ---------------------------------------------------------------
f) Date of the transactions 5 August 2020 and 6 August 2020
------------------------------- ---------------------------------------------------------------
f) Place of the transactions London Stock Exchange, AIM Market (XLON)
------------------------------- ---------------------------------------------------------------
Enquiries:
Greatland Gold PLC
Gervaise Heddle/Callum Baxter
Tel: +44 (0)20 3709 4900
Email: info@greatlandgold.com
www.greatlandgold.com
SPARK Advisory Partners Limited (Nominated Adviser)
Andrew Emmott/James Keeshan
Tel: +44 (0)20 3368 3550
Berenberg (Joint Corporate Broker and Financial Adviser)
Matthew Armitt/Jennifer Wyllie/Detlir Elezi
Tel: +44 (0)20 3207 7800
Hannam & Partners (Joint Corporate Broker and Financial
Adviser)
Andrew Chubb/Matt Hasson/Jay Ashfield
Tel: +44 (0)20 7907 8500
SI Capital Limited (Joint Corporate Broker)
Nick Emerson/Alan Gunn
Tel: +44 (0)14 8341 3500
Luther Pendragon (Media and Investor Relations)
Harry Chathli/Alexis Gore/Joe Quinlan
Tel: +44 (0)20 7618 9100
Notes for Editors:
Greatland Gold plc is a London Stock Exchange AIM-listed
(AIM:GGP) natural resource exploration and development company with
a current focus on precious and base metals. The Company has six
main projects; four situated in Western Australia and two in
Tasmania.
In March 2019, Greatland signed a Farm-in Agreement with
Newcrest Operations Limited, a wholly-owned subsidiary of Newcrest
Mining Limited (ASX:NCM), to explore and develop Greatland's
Havieron gold-copper deposit in the Paterson region of Western
Australia. Newcrest has the right to earn up to a 70% interest in a
12-block area within E45/4701 that covers the Havieron target by
spending up to US$65 million.
Greatland is seeking to identify large mineral deposits in areas
that have not been subject to extensive exploration previously. It
is widely recognised that the next generation of large deposits
will come from such under-explored areas and Greatland is applying
advanced exploration techniques to investigate a number of
carefully selected targets within its focused licence
portfolio.
The Company is also actively investigating a range of new
opportunities in precious and strategic metals and will update the
market on new opportunities as and when appropriate.
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
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August 06, 2020 08:28 ET (12:28 GMT)
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