Director/PDMR Shareholding (Correction)

Metals One PLC
21 June 2024
 

A picture containing font, graphics, logo, text Description automatically generated

 

The following announcement is a correction to the announcement issued at 12.25 p.m. on 19 June 2024 with RNS number 0878T, which omitted certain share purchase transactions. The announcement below contains all relevant information required to be disclosed.

 

21 June 2024

 

Metals One Plc

("Metals One" or the "Company")

 

Director/PDMR Shareholding

 

Metals One (AIM: MET1), which is advancing strategic metals projects in Finland and Norway, announces the following additional purchases of ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") by Jonathan Owen, Chief Executive Officer and a director of the Company. These share purchase orders were placed as part of a larger buy order by Mr Owen on 18 April 2024 but were omitted from the Company's RNS announcement of the same date detailing Mr Owen's share purchases given they completed after that date.

 

No. Ordinary Shares purchased

Price

Date of purchase

15,863

1.03p

29 May 2024

11,483

1.028p

29 May 2024

 

In addition, Mr Owen completed the following share purchase on 17 April 2024.

 

No. Ordinary Shares purchased

Price

Date of purchase

62,500

1.6p

17 April 2024

 

The Company has also been notified of the following share purchases by close relations of Mr Owen on 17 April 2024.

 

Name

Relation to Mr Owen

No. Ordinary Shares purchased

Price

Date of purchase

Ellen Owen

Spouse

319,909

1.6p

17 April 2024

Harri Owen

Son

147,457

1.7p

17 April 2024

 

As a result, Mr Owen is interested in a total of 4,901,440 Ordinary Shares, representing approximately 1.49% of the Company's issued share capital.

 

Enquiries:

 

Metals One Plc

Jonathan Owen, Chief Executive Officer

via Vigo Consulting

+44 (0)20 7390 0234



Beaumont Cornish Limited (Nominated Adviser)

James Biddle / Roland Cornish

www.beaumontcornish.com

+44 (0)20 7628 3396

 


Shard Capital Partners LLP (Joint Broker)

Damon Heath / Erik Woolgar

+44 (0)20 7186 9952

 



SI Capital Limited (Joint Broker)

Nick Emerson

+44 (0)14 8341 3500

 


Capital Plus Partners Limited (Joint Broker)

Keith Swann

https://www.capplus.co.uk/

+44 (0)20 3821 6169



Vigo Consulting (Investor Relations)

Ben Simons / Kendall Hill

metalsone@vigoconsulting.com

+44 (0)20 7390 0234

 

 

About Metals One

 

Metals One is developing strategic battery metals projects in Finland (Black Schist Project) and Norway (SRH Råna Project), with approximately £9 million of exploration carry exposure through a farm-in agreement. Metals One is aiming to help meet the significant critical minerals by defining resources on the doorstep of Europe's major electric vehicle OEMs and battery manufacturers. Metals One's Black Schist Project in Finland, totalling 706 km2 across three licence areas, has an Inferred Resource of 28.1 Mt nickel-zinc-copper-cobalt and is located adjacent to Talvivaara, Europe's largest operating nickel mine. Metals One's fully carried SRH Råna Project in Norway covers 18.14 km² across three contiguous exploration licences, with significant opportunity for brownfield exploration of the Råna intrusion, and proven potential for massive sulphide nickel-cobalt-copper mineralisation.

 

Follow us on social media:

 

LinkedIn: https://www.linkedin.com/company/metals-one-plc/

X (Twitter): https://twitter.com/metals_one_PLC

 

Subscribe to our news alert service on the Investors page of our website at: www.metals-one.com

 

Market Abuse Regulation (MAR) Disclosure

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR').

 

Nominated Adviser

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

 

Details of the person discharging managerial responsibilities

a)

Name

Jonathan Owen

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

Metals One Plc

 

b)

 

LEI

213800WGPHJ5MC5QLJ19

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

 

Identification code

 

Ordinary Shares 

 

 

GB00BMH3KM70

b)

 

Nature of the transaction

 

 

Share Purchase

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.03p

15,863

 

 

d)

 

Aggregated information

 

-  Aggregated volume

 

-  Price

 

 

 

Price(s)

Volume(s)

1.03p

15,863

e)

 

Date of the transaction

 

29/05/24

f)

 

Place of the transaction

 

On market

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary Shares 

 

 

GB00BMH3KM70

b)

 

Nature of the transaction

 

 

Share Purchase

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.028p

11,483

 

 

d)

 

Aggregated information

 

-  Aggregated volume

 

-  Price

 

 

 

Price(s)

Volume(s)

1.028p

11,483

e)

 

Date of the transaction

 

29/05/24

f)

 

Place of the transaction

 

On market

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary Shares 

 

 

GB00BMH3KM70

b)

 

Nature of the transaction

 

 

Share Purchase

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.6p

62,500

 

 

d)

 

Aggregated information

 

-  Aggregated volume

 

-  Price

 

 

 

Price(s)

Volume(s)

1.6p

62,500

e)

 

Date of the transaction

 

17/04/24

f)

 

Place of the transaction

 

On market

 

1

 

Details of the person discharging managerial responsibilities

a)

Name

Ellen Owen

2

Reason for the notification

a)

Position/status

Spouse of 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

Metals One Plc

 

b)

 

LEI

213800WGPHJ5MC5QLJ19

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

 

Identification code

 

Ordinary Shares 

 

 

GB00BMH3KM70

b)

 

Nature of the transaction

 

 

Share Purchase

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.6p

319,909

 

 

d)

 

Aggregated information

 

-  Aggregated volume

 

-  Price

 

 

 

Price(s)

Volume(s)

1.6p

319,909

e)

 

Date of the transaction

 

17/04/24

f)

 

Place of the transaction

 

On market

 

1

 

Details of the person discharging managerial responsibilities

a)

Name

Harri Owen

2

Reason for the notification

a)

Position/status

Son of 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

Metals One Plc

 

b)

 

LEI

213800WGPHJ5MC5QLJ19

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

 

Identification code

 

Ordinary Shares 

 

 

GB00BMH3KM70

b)

 

Nature of the transaction

 

 

Share Purchase

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1.7p

147,457

 

 

d)

 

Aggregated information

 

-  Aggregated volume

 

-  Price

 

 

 

Price(s)

Volume(s)

1.7p

147,457

e)

 

Date of the transaction

 

17/04/24

f)

 

Place of the transaction

 

On market

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Metals one (MET1)
UK 100

Latest directors dealings