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Greatland Gold plc announced its block admission six-monthly return for its Employee Share Incentive Plan for the period from 4 January 2023 to 4 July 2023. During this time, 52,750,000 ordinary shares were issued from the 74,000,000 shares originally admitted under Block Admission on 11 January 2023. This leaves a balance of 21,250,000 unallotted ordinary shares under the scheme at the end of the period.
| Date | 4 Jul 2023 |
| Time | 08:29:33 |
| Category | Capital structure |
| ID | 8978E |
Greatland Gold plc (AIM: GGP)
: twitter.com/greatlandgold
4 July 2023
Block Listing Six Monthly Return
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.
Greatland Gold plc (AIM:GGP) (Greatland or the Company) announces the following block admission six monthly return:
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Name of the Company: |
Greatland Gold plc |
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Name of the scheme: |
Employee Share Inventive Plan |
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Period of return: |
From: |
4 January 2023 |
To: |
4 July 2023 |
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Balance of unallotted securities under scheme(s) from previous return: |
74,000,000 |
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Less: Number of securities issued during the period: |
52,750,000 |
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Plus: The amount by which the Block Admission has been increased since the date of the last return: |
Nil |
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Equals: Balance under scheme of securities not yet issued at the end of the period: |
21,250,000 |
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Number and class of securities originally admitted and the date of admission |
74,000,000 ordinary shares of 0.1p were admitted to trading on under the Block Admission on 11 January 2023 |
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Contact
For further information, please contact:
Greatland Gold plc
Shaun Day, Managing Director | [email protected]
Nominated Advisor
SPARK Advisory Partners
Andrew Emmott / James Keeshan / Neil Baldwin
[email protected] | +44 203 368 3550
Corporate Brokers
Berenberg | Matthew Armitt / Jennifer Lee | +44 203 368 3550
Canaccord Genuity | James Asensio / Patrick Dolaghan | +44 207 523 8000
SI Capital Limited | Nick Emerson / Sam Lomanto | +44 148 341 3500
Media Relations
UK - Gracechurch Group | Harry Chathli / Alexis Gore / Henry Gamble | +44 204 582 3500
Australia - Fivemark Partners | Michael Vaughan | +61 422 602 720
About Greatland
Greatland is a mining development and exploration company focused primarily on precious and base metals.
The Company's flagship asset is the world-class Havieron gold-copper project in the Paterson Province of Western Australia, discovered by Greatland and presently under development in joint venture with ASX gold major, Newcrest Mining Limited (which is the subject of a takeover by Newmont Corporation by way of a scheme of arrangement).
Havieron is located approximately 45km east of Newcrest's existing Telfer gold mine. The box cut and decline to the Havieron orebody commenced in February 2021. Significant progress continues with total development now exceeding 2,400m including over 1,700m of advance in the main access decline (as at 16 June 2023). Subject to a positive feasibility study and Decision to Mine, Havieron is intended to leverage the existing Telfer infrastructure and processing plant. Access to Telfer will de-risk the development and reduces capital expenditure.
Greatland has a proven track record of discovery and exploration success and is pursuing the next generation of tier-one mineral deposits by applying advanced exploration techniques in under-explored regions. Greatland has a number of exploration projects across Western Australia and in parallel to the development of Havieron is focused on becoming a multi-commodity miner of significant scale.