11 August 2023
Metals One Plc
("Metals One" or the "Company")
Director/PDMR Shareholding - CEO & CFO On Market Share Purchases
Metals One, which is advancing battery metal projects at brownfield sites in Finland and Norway, announces that the Company was informed on 9 August 2023 that Jonathan Owen, Chief Executive Officer, and a director, of the Company, purchased 46,141 ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") at a price of 4.3 pence per Ordinary Share on 8 August 2023.
On 10 August 2023, the Company was informed that Daniel Maling, Chief Financial Officer, and a director, of the Company, purchased 22,684 Ordinary Shares at a price of 4.3 pence per Ordinary Share on 8 August 2023, 11,518 Ordinary Shares on 9 August 2023 at a price of 4.3 pence per Ordinary Share, and a further 100,000 Ordinary Shares on 10 August 2023 at a price of 4.4 pence per Ordinary Share.
Following the purchases, Mr Owen is interested in a total of 1,145,326 Ordinary Shares, representing approximately 0.55% of the Company's issued share capital, and Mr Maling is interested in a total of 3,984,202 Ordinary Shares, representing approximately 1.91% of the Company's issued share capital.
Enquiries: |
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Metals One Plc |
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Jonathan Owen, Chief Executive Officer |
via Vigo Consulting +44 (0)20 7390 0234 |
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Beaumont Cornish Limited (Nominated Adviser) James Biddle / Roland Cornish
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+44 (0)20 7628 3396 |
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Shard Capital Partners LLP (Joint Broker) Damon Heath / Erik Woolgar |
+44 (0)20 7186 9952
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SI Capital Limited (Joint Broker) |
+44 (0)14 83413 500 |
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Nick Emerson
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Vigo Consulting (Investor Relations) Ben Simons / Kendall Hill metalsone@vigoconsulting.com
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+44 (0)20 7390 0234
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About Metals One
Metals One is developing brownfield battery metals projects in Finland (Black Schist Project) and Norway (Brownfield Råna Project), with approximately £9 million of exploration carry exposure through farm-in agreements. Metals One is aiming to help meet the significant demand for battery metals 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-cobalt-copper and is located adjacent to Talvivaara, Europe's largest operating nickel mine. Metals One's fully carried Brownfield 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.
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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').
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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Details of the person discharging managerial responsibilities |
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a) |
Name |
Jonathan Owen |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer
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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 |
Metals One Plc
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b)
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LEI |
213800WGPHJ5MC5QLJ19 |
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4
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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)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary Shares
GB00BMH3KM70 |
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b)
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Nature of the transaction
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Share Purchase |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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e)
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Date of the transaction
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08/08/23 |
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f)
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Place of the transaction
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On market |
1
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Details of the person discharging managerial responsibilities |
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a) |
Name |
Daniel Maling |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer
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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 |
Metals One Plc
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b)
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LEI |
213800WGPHJ5MC5QLJ19 |
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4
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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)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary Shares
GB00BMH3KM70 |
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b)
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Nature of the transaction
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Share Purchase |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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e)
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Date of the transaction
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08/08/23 |
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f)
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Place of the transaction
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On market |
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary Shares
GB00BMH3KM70 |
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b)
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Nature of the transaction
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Share Purchase |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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e)
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Date of the transaction
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08/08/23 |
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f)
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Place of the transaction
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On market |
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary Shares
GB00BMH3KM70 |
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b)
|
Nature of the transaction
|
Share Purchase |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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e)
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Date of the transaction
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09/08/23 |
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f)
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Place of the transaction
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On market |
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary Shares
GB00BMH3KM70 |
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b)
|
Nature of the transaction
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Share Purchase |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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e)
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Date of the transaction
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10/08/23 |
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f)
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Place of the transaction |
On market |