Director/PDMR Shareholding

Metals One PLC

17 July 2024

 

17 July 2024

Metals One Plc

("Metals One" or the "Company")

Director/PDMR Shareholding

Metals One (AIM: MET1), which is advancing strategic minerals projects in Finland and Norway, was notified on 16 July 2024 of the following purchases of ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") by both Jonathan Owen, Chief Executive Officer and a director of the Company, and his spouse.

No. Ordinary Shares purchased by Jonathan Owen	Price	Date of purchase
50,000	1.0519p	16 July 2024
63,996	1.011p	16 July 2024
60,000	0.9556p	16 July 2024
74,775	0.96p	16 July 2024

No. Ordinary Shares purchased by spouse	Price	Date of purchase
64,737	1.0504p	16 July 2024
40,000	1.0429p	16 July 2024
145,000	0.96p	16 July 2024

As a result, Mr Owen is interested in a total of 5,399,948 Ordinary Shares (including those held by his spouse), representing approximately 1.64% 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]
Capital Plus Partners Limited (Joint Broker) Keith Swann https://www.capplus.co.uk/	[phone]
Vigo Consulting (Investor Relations) Ben Simons / Kendall Hill [e-mail]	[phone]

About Metals One

Metals One is developing strategic metals projects in Finland (Black Schist Project) and Norway (Råna Project), with approximately £9 million of exploration carry exposure through a farm-in agreement. Metals One is aiming to help meet the significant demand for strategic 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 a total Inferred Resource of 57.1 Mt nickel-copper-cobalt-zinc and is located adjacent to one of Europe's largest strategic minerals producers, Terrafame. Metals One's fully carried Råna Project in Norway covers 18.14 km² across three contiguous exploration licences, with significant opportunity for 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').

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) 1.0519p 50,000
d)	Aggregated information -  Aggregated volume -  Price	Price(s) Volume(s) 1.0519p 50,000
e)	Date of the transaction	16/07/24
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) 1.011p 63,996
d)	Aggregated information -  Aggregated volume -  Price	Price(s) Volume(s) 1.011p 63,996
e)	Date of the transaction	16/07/24
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) 0.9556p 60,000
d)	Aggregated information -  Aggregated volume -  Price	Price(s) Volume(s) 0.9556p 60,000
e)	Date of the transaction	16/07/24
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) 0.96p 74,775
d)	Aggregated information -  Aggregated volume -  Price	Price(s) Volume(s) 0.96p 74,775
e)	Date of the transaction	16/07/24
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) 1.0504p 64,737
d)	Aggregated information -  Aggregated volume -  Price	Price(s) Volume(s) 1.0504p 64,737
e)	Date of the transaction	16/07/24
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) 1.0429p 40,000
d)	Aggregated information -  Aggregated volume -  Price	Price(s) Volume(s) 1.0429p 40,000
e)	Date of the transaction	16/07/24
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) 0.96p 145,000
d)	Aggregated information -  Aggregated volume -  Price	Price(s) Volume(s) 0.96p 145,000
e)	Date of the transaction	16/07/24
f)	Place of the transaction	On market

 

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