TIDMHE1
RNS Number : 0837M
Helium One Global Ltd
12 September 2023
12 September 2023
Helium One Global Ltd
("Helium One" or "the Company")
Exercise of Options and Issue of Equity
Issue of Options
Helium One Global (AIM: HE1), the primary helium explorer in
Tanzania, announces that it has received notice of the exercise of
options over a total of 1,000,000 ordinary shares in the Company
("New Ordinary Shares"). Application will be made for the admission
of the New Ordinary Shares to trading on AIM ("Admission"). The
Shares will rank pari passu with the existing Ordinary Shares and
it is expected that Admission will become effective at 8.00 a.m. on
15 September 2023.
Following Admission, the Company's issued share capital will
consist of 942,456,430 Ordinary Shares with voting rights,
including the additional shares that are due to be admitted to
trading on 15 September 2023, as referenced in the Company's
announcement published on 7 September 2023. Helium One does not
hold any Ordinary Shares in treasury. This figure of 942,456,430
may be used by shareholders in the Company as the denominator for
the calculations by which they will determine if they require to
notify their interest in, or a change to their interest in, the
share capital of the Company under the UK Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
Additionally, the board have resolved to issue 33,750,000
options in aggregate to Directors and management to subscribe for
ordinary shares (the "Options"). The Options will vest in three
equal tranches over 3 years commencing 12 months from the date of
grant and are exercisable at 6.6p per share, being the 10 day
volume weighted average price. These options will be subject to
shareholder approval granting the directors authority to issue
shares for cash which will be sought in due course.
rtain of the Options have been granted to Directors and PDMR's
as follows:
Director / PDMR No. of Options
James Smith 2,000,000
---------------
Lorna Blaisse 8,000,000
---------------
Graham Jacobs 8,000,000
---------------
Chris Eyre 5,000,000
---------------
Sarah Cope 2,000,000
---------------
Nigel Friend 2,000,000
---------------
Russel Swarts 2,000,000
---------------
For further information please visit the Company's website:
www.helium-one.com
Contact
Helium One Global Ltd +44 20 7920
Lorna Blaisse, CEO 3150
Liberum Capital Limited (Nominated Adviser
and Joint Broker)
Scott Mathieson
Ed Thomas +44 20 3100
Nikhil Varghese 2000
Peterhouse Capital Limited (Joint Broker) +44 20 7220
Lucy Williams 9792
Tavistock (Financial PR)
Nick Elwes +44 20 7920
Tara Vivian - Neal 3150
Notes to Editors
Helium One Global, the AIM-listed Tanzanian explorer, holds
prospecting licences totalling more than 2,964km(2) across three
distinct project areas, with the potential to become a strategic
player in resolving a supply-constrained helium market.
The Rukwa, Balangida, and Eyasi projects are located within rift
basins on the margin of the Tanzanian Craton in the north and
southwest of the country. The assets lie near surface seeps with
helium concentrations ranging up to 10.6% He by volume. All Helium
One's licences are held on a 100% equity basis and are in close
proximity to the required infrastructure.
The Company's flagship Rukwa Project is located within the Rukwa
Rift Basin covering 1,900km(2) in south-west Tanzania. The project
is considered to be an advanced exploration project with leads and
prospects defined by a subsurface database including multispectral
satellite spectroscopy, airborne gravity gradiometry, 2D seismic
data, and QEMSCAN analysis. The Rukwa Project has been de-risked by
the 2021 drilling campaign, which identified reservoir and seal
with multiple prospective intervals from basin to near surface
within a working helium system.
Helium One is listed on the AIM market of the London Stock
Exchange with the ticker of HE1 and on the OTCQB in the United
States with the ticker HLOGF.
APPIX
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND
THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: James Smith
---------------------------------------------------------------------
2. Reason for the notification
---------------------------------------------------------------------
a) Position/status: Non-Executive Chairman
---------------------------------------------------------------------
b) Initial notification/Amendment: Initial Notification
---------------------------------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
---------------------------------------------------------------------
a) Name: Helium One Global Ltd
---------------------------------------------------------------------
b) LEI: 213800J96OQKNQZ60
---------------------------------------------------------------------
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
---------------------------------------------------------------------
a) Description of the financial instrument, type of
instrument:
Ordinary shares of nil par value each
Identification code: VGG4392T1075
---------------------------------------------------------------------
b) Nature of the transaction:
Issue of options
---------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
Exercise price
of 6.6p 2,000,000
----------
---------------------------------------------------------------------
d) Aggregated information:
N/A - Single transaction
---------------------------------------------------------------------
e) Date of the transaction(s):
12 September 2023
---------------------------------------------------------------------
f) Place of the transaction:
Outside of a trading venue
---------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Lorna Blaisse
---------------------------------------------------------------------
2. Reason for the notification
---------------------------------------------------------------------
a) Position/status: Chief Executive Officer
---------------------------------------------------------------------
b) Initial notification/Amendment: Initial Notification
---------------------------------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
---------------------------------------------------------------------
a) Name: Helium One Global Ltd
---------------------------------------------------------------------
b) LEI: 213800J96OQKNQZ60
---------------------------------------------------------------------
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
---------------------------------------------------------------------
a) Description of the financial instrument, type of
instrument:
Ordinary shares of nil par value each
Identification code: VGG4392T1075
---------------------------------------------------------------------
b) Nature of the transaction:
Issue of options
---------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
Exercise price
of 6.6p 8,000,000
----------
---------------------------------------------------------------------
d) Aggregated information:
N/A - Single transaction
---------------------------------------------------------------------
e) Date of the transaction(s):
12 September 2023
---------------------------------------------------------------------
f) Place of the transaction:
Outside of a trading venue
---------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Graham Jacobs
---------------------------------------------------------------------
2. Reason for the notification
---------------------------------------------------------------------
a) Position/status: Finance and Commercial Director
---------------------------------------------------------------------
b) Initial notification/Amendment: Initial Notification
---------------------------------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
---------------------------------------------------------------------
a) Name: Helium One Global Ltd
---------------------------------------------------------------------
b) LEI: 213800J96OQKNQZ60
---------------------------------------------------------------------
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
---------------------------------------------------------------------
a) Description of the financial instrument, type of
instrument:
Ordinary shares of nil par value each
Identification code: VGG4392T1075
---------------------------------------------------------------------
b) Nature of the transaction:
Issue of options
---------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
Exercise price
of 6.6p 8,000,000
----------
---------------------------------------------------------------------
d) Aggregated information:
N/A - Single transaction
---------------------------------------------------------------------
e) Date of the transaction(s):
12 September 2023
---------------------------------------------------------------------
f) Place of the transaction:
Outside of a trading venue
---------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Chris Eyre
---------------------------------------------------------------------
2. Reason for the notification
---------------------------------------------------------------------
a) Position/status: Chief Financial Officer
---------------------------------------------------------------------
b) Initial notification/Amendment: Initial Notification
---------------------------------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
---------------------------------------------------------------------
a) Name: Helium One Global Ltd
---------------------------------------------------------------------
b) LEI: 213800J96OQKNQZ60
---------------------------------------------------------------------
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
---------------------------------------------------------------------
a) Description of the financial instrument, type of
instrument:
Ordinary shares of nil par value each
Identification code: VGG4392T1075
---------------------------------------------------------------------
b) Nature of the transaction:
Issue of options
---------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
Exercise price
of 6.6p 5,000,000
----------
---------------------------------------------------------------------
d) Aggregated information:
N/A - Single transaction
---------------------------------------------------------------------
e) Date of the transaction(s):
12 September 2023
---------------------------------------------------------------------
f) Place of the transaction:
Outside of a trading venue
---------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Sarah Cope
---------------------------------------------------------------------
2. Reason for the notification
---------------------------------------------------------------------
a) Position/status: Non-Executive Director
---------------------------------------------------------------------
b) Initial notification/Amendment: Initial Notification
---------------------------------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
---------------------------------------------------------------------
a) Name: Helium One Global Ltd
---------------------------------------------------------------------
b) LEI: 213800J96OQKNQZ60
---------------------------------------------------------------------
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
---------------------------------------------------------------------
a) Description of the financial instrument, type of
instrument:
Ordinary shares of nil par value each
Identification code: VGG4392T1075
---------------------------------------------------------------------
b) Nature of the transaction:
Issue of options
---------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
Exercise price
of 6.6p 2,000,000
----------
---------------------------------------------------------------------
d) Aggregated information:
N/A - Single transaction
---------------------------------------------------------------------
e) Date of the transaction(s):
12 September 2023
---------------------------------------------------------------------
f) Place of the transaction:
Outside of a trading venue
---------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Nigel Friend
---------------------------------------------------------------------
2. Reason for the notification
---------------------------------------------------------------------
a) Position/status: Non-Executive Director
---------------------------------------------------------------------
b) Initial notification/Amendment: Initial Notification
---------------------------------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
---------------------------------------------------------------------
a) Name: Helium One Global Ltd
---------------------------------------------------------------------
b) LEI: 213800J96OQKNQZ60
---------------------------------------------------------------------
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
---------------------------------------------------------------------
a) Description of the financial instrument, type of
instrument:
Ordinary shares of nil par value each
Identification code: VGG4392T1075
---------------------------------------------------------------------
b) Nature of the transaction:
Issue of options
---------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
Exercise price
of 6.6p 2,000,000
----------
---------------------------------------------------------------------
d) Aggregated information:
N/A - Single transaction
---------------------------------------------------------------------
e) Date of the transaction(s):
12 September 2023
---------------------------------------------------------------------
f) Place of the transaction:
Outside of a trading venue
---------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Russel Swarts
---------------------------------------------------------------------
2. Reason for the notification
---------------------------------------------------------------------
a) Position/status: Non-Executive Director
---------------------------------------------------------------------
b) Initial notification/Amendment: Initial Notification
---------------------------------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
---------------------------------------------------------------------
a) Name: Helium One Global Ltd
---------------------------------------------------------------------
b) LEI: 213800J96OQKNQZ60
---------------------------------------------------------------------
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
---------------------------------------------------------------------
a) Description of the financial instrument, type of
instrument:
Ordinary shares of nil par value each
Identification code: VGG4392T1075
---------------------------------------------------------------------
b) Nature of the transaction:
Issue of options
---------------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
Exercise price
of 6.6p 2,000,000
----------
---------------------------------------------------------------------
d) Aggregated information:
N/A - Single transaction
---------------------------------------------------------------------
e) Date of the transaction(s):
12 September 2023
---------------------------------------------------------------------
f) Place of the transaction:
Outside of a trading venue
---------------------------------------------------------------------
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END
MSCEAFNFFEEDEAA
(END) Dow Jones Newswires
September 12, 2023 02:00 ET (06:00 GMT)
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