Issue of Shares and Director/PDMR Shareholdings
Great Southern Copper PLC announced the issuance of 599,595 new ordinary shares to Chairman Charles Bond as compensation for his salary from April 1 to September 30, 2026, valued at £7,776 and £7,210 respectively for the two quarters. These new shares, which will rank pari passu with existing shares, are expected to be admitted to trading on the London Stock Exchange on October 23, 2026. Following this issuance, Mr. Bond will hold 9,776,453 shares, representing 1.1% of the enlarged ordinary share capital, with the total issued shares now standing at 907,303,084.
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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.
The New Ordinary Shares represent the share compensation due from 1 April 2026 to 30 September 2026 to Mr Bond. A total of 599,595 New Ordinary Shares will be issued. 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 1/04/2026 – 30/06/2026 1/07/2026 – 30/09/2026 | £7,776 £7,210 | 279,697 319,898 | 9,776,453 | 1.1% |
Admission and Total Voting Rights
Application will be made for the 599,595 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 23 October 2026 ("Admission").
The total number of issued shares and the total number of voting rights in the Company is 907,303,084. 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) 2.78p* 2.254p** 279,697 319,898 *weighted average share price from 1 April 2026 to 30 June 2026 ** weighted average share price from 1 July 2026 to 30 September 2026 |
| e) | Date of the transaction | 19 October 2026 |
| 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.