Business
Issue of Shares and Director/PDMR Shareholding
Issue of Shares and Director/PDMR Shareholding.
About this update from Great Southern Copper Plc
[{"type":"text","content":"\n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) NO 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED, (\"MAR\") AND IS DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR. ON PUBLICATION OF THIS ANNOUNCEMENT, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n \n \n \n 7 November 2022\n \n \n \n \n \n \n \n \n Great Southern Copper plc\n \n \n \n \n \n \n \n \n \n (\"GSC\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n Issue of Shares and Director/PDMR Shareholding\n \n \n \n \n \n \n \n \n Great Southern Copper plc (LSE: GSCU), the company focused on copper-gold exploration in Chile, announces that it has issued new ordinary shares of 1 penny each (\"New Ordinary Shares\") to Charles Bond, Chairman of Great Southern Copper, in accordance with the terms of Mr. Bond's letter of appointment whereby it was agreed his salary will be paid quarterly in ordinary shares. \n \n \n \n \n \n The New Ordinary Shares represent the share compensation due from 1st July 2022 to 30 September 2022. A total of 232,784 New Ordinary Shares have been issued. The details of the issuance are set out below:\n \n \n \n \n \n \n \n \n \n \n Period\n \n \n \n \n \n \n Value of the share issuance\n \n \n \n \n \n \n Number of New Ordinary Shares Issued\n \n \n \n \n \n \n Number of Ordinary Shares held following the issuance\n \n \n \n \n \n \n Percentage of the enlarged Ordinary Share Capital\n \n \n \n \n \n \n \n 1 July 2022 to 30 September 2022\n \n \n \n \n £7,328\n \n \n \n \n 232,784\n \n \n \n \n 969,149\n \n \n \n \n 0.35%\n \n \n \n \n \n \n \n \n \n \n \n Admission and Total Voting Rights\n \n \n \n \n \n Application will be made for the 232,784 New Ordinary Shares, which will rank pari passu in all respects with the existing ordinary shares in the Company, to be admitted to the Standard List segment of Official List and to trading on the main market of the London Stock Exchange plc, which is expected to occur on or around 8.00 a.m. on 11 November (\"Admission\").\n \n \n \n \n \n \n \n Following Admission of the New Ordinary Shares, the total number of ordinary shares and voting rights in the Company will ...