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E: alyssa.moir@greatland.com.au
T: +61 8 9322 1051
Greatland Resources Limited
Shaun Day (Managing Director)
Berenberg (Financial Adviser to Greatland Gold plc)
Matthew Armitt / Varun Talwar / Jack Botros
Tel: +44 (0)20 3207 7800
Canaccord Genuity (Nomad and Joint Broker to Greatland Gold plc)
James Asensio / Gordon Hamilton
Tel: +44 (0)20 7523 8000
Berenberg (Joint Broker to Greatland Gold plc)
Matthew Armitt / Detlir Elezi
Tel: +44 (0)20 3207 7800
Hannam & Partners (Joint Broker to Greatland Gold plc)
Andrew Chubb (NYSE:CB) / Matt Hasson / Jay Ashfield
Tel: +44 (0)20 7907 8500
SI Capital (Joint Broker to Greatland Gold plc)
Nick Emerson (NYSE:EMR) / Sam Lomanto
Tel: +44 (0)14 8341 3500
Disclaimer
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company’s obligations under Article 17 of MAR.
This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.
GPT: Greatland Resources completes A$490 million ASX bookbuild
PERTH - Greatland Resources Limited has successfully completed its Australian Securities Exchange (ASX) bookbuild, securing A$490 million (approximately £234.5 million) through a combined primary and secondary offering, according to a company press release statement.
The offering consists of A$50 million in new shares and A$440 million from the sale of existing shares by Newmont NOL Pty Limited, a subsidiary of Newmont Corporation. The final offer price was set at A$6.60 per share, at the top end of the indicative price range.
Under the primary offering, Greatland Resources will issue 7,575,758 new ordinary shares, while Bright SaleCo Limited, a special purpose vehicle, will sell 66,729,557 existing shares on behalf of Newmont. The secondary offering represents half of the shares Newmont will receive through a UK scheme of arrangement that reorganizes the Greatland group.
At the final offer price, Greatland Resources would be valued at approximately A$4.4 billion (£2.1 billion).
The ASX listing is conditional on the UK scheme being sanctioned by the UK Court. Greatland Resources shares are expected to begin trading on the ASX on June 24, 2025, and on London’s AIM market on June 23, 2025.
Several company directors have committed to participate in the offering, with Board Chair Jimmy Wilson subscribing for 37,879 shares (A$250,000), Yasmin Broughton for 30,303 shares (A$200,000), and Paul Hallam for 7,576 shares (A$50,000).
BofA Securities, Barrenjoey and Canaccord are acting as joint lead managers for the ASX listing and Australian offering, with Sternship Advisers and Argonaut Securities serving as co-managers.
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