Issue of Shares and Director/PDMR Shareholdings
Great Southern Copper PLC announced the issuance of new ordinary shares to its Chairman, Charles Bond, and Chief Executive Officer, Samuel Garrett. Charles Bond received 378,193 new ordinary shares valued at £11,216 in lieu of salary for the period April 1 to September 30, 2025, increasing his holding to 7,759,663 shares, representing 1.12% of the enlarged share capital. Samuel Garrett was issued 800,000 new ordinary shares valued at £20,000 as partial payment of his 2025 bonus, bringing his total holding to 13,747,168 shares, or 1.99% of the enlarged share capital. Application has been made for these 1,178,193 new shares to be admitted to trading on the London Stock Exchange on December 17, 2025, at which point the total issued share capital will be 689,917,948 shares.
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Great Southern Copper plc (LSE: GSCU), the company focused on copper-gold-silver exploration in Chile, announces that it has issued new ordinary shares of 1p 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; and the issuance of shares to Samuel Garrett, Chief Executive Office, in lieu of the partial payment of the 2025 bonus.
The New Ordinary Shares represent the share compensation due from 1 April 2025 to 30 September 2025 to Mr Bond. A total of 378,193 New Ordinary Shares will be issued; and 800,000 New Ordinary Shares to Mr Garrett. The details of the issuance are set out below:
| Period/Shareholder | Value of share issuance GBP£ | Number of new ordinary shares issued | Number of new ordinary shares held following the issuance | Percentage of the enlarged ordinary share capital |
| Charles Bond 1/04/2025 - 30/06/2025 1/07/2025 - 30/09/2025 Samuel Garrett | £5,891 £5,325 £20,000 | 159,935 218,258 800,000 | 7,759,663 13,747,168 | 1.12% 1.99% |
Admission and Total Voting Rights
Application will be made for the 1,178,193 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 17 December 2025 ("Admission").
The total number of issued shares and the total number of voting rights in the Company is 689,917,948. The above figure should be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Charles Bond | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chairman | ||||
| b) | Initial notification/ Amendment | Initial Notification | ||||
| a) | Name | Great Southern Copper plc | ||||
| b) | LEI | 213800RF6N9WA8PZH313 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1 pence each GB00BLB5BF24 | ||||
| b) | Nature of the transaction | Shares issued in lieu of salary | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) 3.683p* 2.4398p** 159,935 218,258 *weighted average share price from 1 April 2025 to 30 June 2025 ** weighted average share price from 1 July 2025 to 30 September 2025 | ||||
| e) | Date of the transaction | 10 December 2025 | ||||
| f) | Place of the transaction | Outside of trading venue - issued of new ordinary shares | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Samuel Garrett | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chairman | ||||
| b) | Initial notification/ Amendment | Initial Notification | ||||
| a) | Name | Great Southern Copper plc | ||||
| b) | LEI | 213800RF6N9WA8PZH313 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1 pence each GB00BLB5BF24 | ||||
| b) | Nature of the transaction | Shares issued in lieu of bonus | ||||
| c) | Price(s) and volume(s) |
| ||||
| e) | Date of the transaction | 10 December 2025 | ||||
| f) | Place of the transaction | Outside of trading venue - issued of new ordinary shares |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.