TIDMGGP

RNS Number : 2990G

Greatland Gold PLC

16 March 2020

16 March 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 Share Purchase

Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precious and base metals exploration and development business, has been notified that Gervaise Heddle, Chief Executive Officer, has purchased 2,000,000 ordinary shares of 0.1 pence in the capital of the Company ("Ordinary Shares") at a price of 2.7728 pence for a total consideration of GBP55,456 on 16 March 2020.

Following the purchase of shares Gervaise Heddle holds 55,750,000 Ordinary Shares, representing 1.5% of the issued share capital of the Company.

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 
                                                          ------------------------ 
     -------------------------------  -------------------------------------------------------------- 
 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       Purchase of Ordinary Shares 
     -------------------------------  -------------------------------------------------------------- 
 d)   Price(s) and volume(s)           Gervaise Heddle Date        Transaction     Amount      Price 
                                                      Type 
                                                     Purchase 
                                         16 March     of Ordinary 
                                          2020        Shares         2,000,000   2.7728p 
                                                    --------------  ----------  -------- 
     -------------------------------  -------------------------------------------------------------- 
 e)   Aggregated information             Transaction Type        Amount      Price 
       - Aggregated volume                Purchase of Ordinary 
       - Price                             Shares                 2,000,000   2.7728p 
                                                                 ----------  -------- 
     -------------------------------  -------------------------------------------------------------- 
 f)   Date of the transactions         16 March 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

SI Capital Limited (Joint Broker)

Nick Emerson/Alan Gunn

Tel: +44 (0)14 8341 3500

Numis Securities Limited (Joint Broker)

John Prior/Paul Gillam/Alamgir Ahmed

Tel: +44 (0)20 7260 1000

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. All projects are 100% owned by Greatland.

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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