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LONDON - Greatland Resources Limited (ASX:GGP and AIM:GGP) announced Tuesday it has issued 2,154,832 new ordinary shares to its Employee Share Trust at a price of A$8.32 per share.
The company said in a press release that the share issuance is intended to satisfy future exercises of awards granted to employees under its incentive schemes. The shares represent only those rights which have already vested.
Greatland Resources has applied to the London Stock Exchange for these shares to be admitted to trading on AIM, with admission expected to take effect at 8:00 a.m. on or around December 3, 2025.
Following the admission, the company’s issued share capital will comprise 672,906,505 ordinary shares, each carrying one voting right. No shares are held in treasury.
The company noted that shareholders should use the total number of voting rights as the denominator when calculating if they are required to notify their interest in, or a change in their interest in, the share capital of the company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
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