Director/PDMR Shareholding

Metals One PLC

17 April 2024

 

17 April 2024

Metals One Plc

("Metals One" or the "Company")

Director/PDMR Shareholding - Chairman On Market Share Purchase

Metals One, which is advancing critical minerals projects in Finland and Norway, announces that the Company was informed on 17 April 2024 that Alastair Clayton, Non-Executive Chairman, and a director of the Company, purchased 500,000 ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") at a price of 1.065 pence per Ordinary Share on 17 April 2024.

Following the purchase, Mr Clayton is interested in a total of 1,945,000 Ordinary Shares, representing approximately 0.81% of the Company's issued share capital.

Enquiries:

Metals One Plc Jonathan Owen, Chief Executive Officer	via Vigo Consulting [phone]
Beaumont Cornish Limited (Nominated Adviser) James Biddle / Roland Cornish www.beaumontcornish.com	[phone]
Shard Capital Partners LLP (Joint Broker) Damon Heath / Erik Woolgar	[phone]
SI Capital Limited (Joint Broker) Nick Emerson	[phone]
Fortified Securities (Joint Broker) Guy Wheatley, CFA www.fortifiedsecurities.com	[phone]
Vigo Consulting (Investor Relations) Ben Simons / Kendall Hill [e-mail]	[phone]

About Metals One

Metals One is developing critical minerals projects in Finland (Black Schist Project) and Norway (SRH Råna Project), with approximately £9 million of exploration carry exposure through farm-in agreements. 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.

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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

1	Details of the person discharging managerial responsibilities
a)	Name	Alastair Clayton
2	Reason for the notification
a)	Position/status	Chairman
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) 1.065p 500,000
d)	Aggregated information -  Aggregated volume -  Price	Price(s) Volume(s) 1.065p 500,000
e)	Date of the transaction	17/04/24
f)	Place of the transaction	On market

 

END