Greatland Resources Ltd (AIM; ASX: GGP) has disclosed that non-executive chairman and PDMR Mark Barnaba has sold 978,389 ordinary shares over a three-day period between 26 and 28 May 2026.
The shares were sold at an average price of A$13.51 each, generating gross proceeds of approximately A$13.29 million.
Following the disposal, Barnaba retains a holding of 500,000 ordinary shares in the company, which were valued at approximately A$6.4 million based on Greatland’s closing share price of A$12.79 on 28 May.
The transaction represents a significant reduction in Barnaba’s personal shareholding, although he continues to maintain a sizeable investment in the company as it progresses the development of the Havieron gold-copper project and integration with the Telfer operation in Western Australia.
PDMR Dealing Notification
The following notification is provided in accordance with the requirements of the UK Market Abuse Regulation.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Mark Barnaba |
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2 |
Reason for the notification |
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a) |
Position / status |
Non-Executive Chairman |
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b) |
Initial notification / Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Greatland Resources Limited |
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b) |
LEI |
213800KQI75ZGE53GX44 |
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4 |
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 |
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a)
b) |
Description of the financial instrument, type of instrument |
Fully paid Ordinary Shares |
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Identification code |
AU0000397705 |
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c) |
Nature of the transaction |
Disposal of Ordinary Shares |
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d) |
Currency |
AUD – Australian Dollar |
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e) |
Price(s) and volume(s)
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f)
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Aggregated information Volume Price |
Disposal of 978,389 Ordinary Shares at an average price of A$13.51 |
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g) |
Date of the transaction |
See dates in e) above. |
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h) |
Place of the transaction |
Outside a trading venue. |
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Contact
For further information, please contact:
Greatland Resources Limited
Shaun Day, Managing Director | Andrew Bowler, Head of Investor Relations
