Massive Share Options Boost for Great Southern Copper PLC’s Staff - An Intriguing Development
In a grand wave of confidence, Great Southern Copper PLC has recently embarked on an ambitious move. The company, renowned for its predominant focus on copper-gold and silver exploration in the vast landscapes of Chile, has made a groundbreaking decision - granting a staggering 24,800,000 share options to its directors and employees. Ensuring its personnel have a stake in the company’s fortunes, the move is heralded by insiders as a clear sign of the company’s optimistic outlook towards future performance.
The leadership team, too, are invested personally. Charles Bond, Chairman, is set to hold a post-issue total of 5,500,000 options. CEO Sam Garrett is no less committed with 16,000,000 options to his name after the issue. A sizeable investment, by any measure - and a clear measure of their confidence in the company’s future growth.
As one would expect, the granting of these share options isn’t without its provisos - the options will vest in three years from grant, conditional upon continuing employment with the company. Yet, with such a comprehensive reward at stake, it’s an incentive the copper mogul will be hoping spurs its team to new heights. The result of this generous award will see the company having a total of 48,161,611 share options in issue. Bold, undoubtedly, but a move that leaves no stone unturned (or left unmined) in Great Southern Copper’s pursuit of progress.
- •Grant of Share Options investegate.co.uk29-04-2025