REG - Helium One Global Ld - Exercise of Options and Issue of Equity

Helium One GlobalAnnouncement

12/09/2023 07:00

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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
(http://www.helium-one.com)

Contact

 Helium One Global Ltd                                         +44 20 7920 3150

 Lorna Blaisse, CEO

 Liberum Capital Limited (Nominated Adviser and Joint Broker)  +44 20 3100 2000

 Scott Mathieson

 Ed Thomas

 Nikhil Varghese

 Peterhouse Capital Limited (Joint Broker)                     +44 20 7220 9792

 Lucy Williams

 Tavistock (Financial PR)                                      +44 20 7920 3150

 Nick Elwes

 Tara Vivian - Neal

 

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.

 

 

APPENDIX

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: 213800J96OENDQKNQZ60
 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

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: 213800J96OENDQKNQZ60
 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

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: 213800J96OENDQKNQZ60
 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

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: 213800J96OENDQKNQZ60
 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

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: 213800J96OENDQKNQZ60
 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

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: 213800J96OENDQKNQZ60
 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

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: 213800J96OENDQKNQZ60
 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

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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