Exercise of Options and Issue of Equity

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   

Contact

Helium One Global Ltd Lorna Blaisse, CEO	[phone]
Liberum Capital Limited (Nominated Adviser and Joint Broker) Scott Mathieson Ed Thomas Nikhil Varghese	[phone]
Peterhouse Capital Limited (Joint Broker) Lucy Williams	[phone]
Tavistock (Financial PR) Nick Elwes Tara Vivian - Neal	[phone]

Notes to Editors

Helium One Global, the AIM-listed Tanzanian explorer, holds prospecting licences totalling more than 2,964km² 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 1,900km² 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

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

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

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

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

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

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

 

END