GGPChat

Re: Donald Leggets interview 21st July with Shaun. SD stated he thought they were out of the blackout period for the board to obtain more shares. With a week gone since that interview and the SP up some 30% I wonder if incoming RNS's are prohibiting purchases? PS thanks to Dipsard for posting notes.

one more week by my calculations. Next Thursday will be the RNS IF I am right.

GH and CB were always 14 days after RNS, and had a Two week window

I cannot find it, but I am 99% sure the close period is 14 days each side.

08 February 2022
Grant of Performance Rights and Amendment of Existing Options

Greatland Gold plc (AIM:GGP), a mining development and exploration company with a focus on precious and base metals, announces the proposed grant of share based incentive awards to certain employees and an executive director, and the extension of the expiry date of existing share options held by a director.

The Company proposes to award Performance Share Rights under the terms of a new long term incentive scheme which will give the holders the right to subscribe for up to 26,250,000 ordinary shares at 0.1p each (inclusive of 2,000,000 Performance Share Rights previously announced on 8 July 2021).

The Performance Share Rights will vest at the end of a three year performance period and will, in addition, be subject to a one year retention period, for a total of four years. The vesting of the Performance Share Rights will be subject to the satisfaction of a number of performance conditions reflecting operational and shareholder value criteria. Performance will be assessed by the Remuneration Committee.

The grant of the Performance Share Rights is intended to provide a long-term incentive to employees acting as a retention mechanism, rewarding outcomes consistent with the performance conditions, and creating additional alignment with shareholders. The expiry date of Performance Share Rights will be 10 years from grant.

Included in the above figure is a Performance Share Right over up to 12,000,000 ordinary shares awarded to Shaun Day, Chief Executive Officer.