Announcement PDF RNS Number : 1668U Great Southern Copper PLC 29 July 2022 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. 29 July 2022 Great Southern Copper plc ("GSC" or the "Company") Issue of Shares and Director/PDMR Shareholding Update on Warrants 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 pence each ("New Ordinary Shares") to Charles Bond, Chairman of GSC, 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, after deductions for PAYE and National Insurance, from the date of admission to the London Stock Exchange on 20 December 2021. A total of 336,365 New Ordinary Shares have been issued. The details of the issuance are set out below: Period Value of the share issuance 20 December 2021 to 31 March 2022 1 April 2022 to 30 June 2022 £6,196.42 Number of New Ordinary Shares Issued 151,055 £7,822.11 185,310 Number of Ordinary Shares held following the issuance Percentage of the enlarged Ordinary Share Capital 736,365 0.35% Admission and Total Voting Rights Application will be made for the 336,365 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 4 August 2022 ("Admission"). Following Admission of the New Ordinary Shares, the total number of ordinary shares and voting rights in the Company will be 212,812,465. The above figure may 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 FCA's Disclosure and Transparency Rules. Update on Warrants The Company has become aware that the terms of the 1,407,300 warrants granted to its broker SI Capital Limited ("SI") on 7 December 2021 did not correctly reflect the terms of SI's engagement letter with the Company of 6 October 2020. The warrants should have been exercisable at 5p per ordinary share at any time from the date of Admission for three years, rather than at 10p per ordinary share at any time from the date of Admission for two years. The Company has therefore cancelled the original broker warrants and granted the same number of broker warrants to SI on these revised terms. Enquiries: Great Southern Copper plc Sam Garrett, Chief Executive Officer +44 (0)20 7618 9100 SI Capital Limited Nick Emerson +44 (0)14 8341 3500 Luther Pendragon Harry Chathli, Alexis Gore, Tan Siddique +44 20 7618 9100 Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them Details of the person discharging managerial responsibilities / person closely associated Charles Bond Name Reason for the notification Chairman Position/status Initial notification Initial notification /Amendment Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Great Southern Copper plc Name 213800RF6N9WA8PZH313 LEI Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Description of the financial ordinary shares of 1 pence each instrument, type of instrument Identification code ISIN: GB00BLB5BF24 Nature of the transaction Shares issued in lieu of salary Price(s) and volume(s) Price(s) Volume(s) 4.1021p 151,055 4.2211p 185,310 Aggregated information Aggregated volume - 336,365 Aggregated Price - 4.168p Date of the transaction Place of the transaction 27 July 2022 Outside of trading venue - issue of new ordinary shares This information is provided by RNS, the news service of the London Stock Exchange. 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