Helium One Global Ltd Director Dealings (6843K)
03 September 2021 - 6:23PM
UK Regulatory
TIDMHE1
RNS Number : 6843K
Helium One Global Ltd
03 September 2021
3 September 2021
Helium One Global Ltd
("Helium One" or "the Company")
Director Dealings
Helium One (AIM: HE1) announces that it was notified on 2
September 2021 that Ian Stalker, Non-Executive Chairman of the
Company, has purchased, on 2 September 2021, 243,900 ordinary
shares in the Company at a price of 8.3p per share and that David
Minchin, CEO of Helium One, has also purchased on 1 September 2021,
110,000 ordinary shares at 9p per share. Following these purchases
their total beneficial ownerships in the Company are respectively
10,891,343 (1.77%) and 210,000 (0.03%) ordinary shares .
For further information please visit the Company's website:
www.helium-one.com
Contact
Helium One Global Ltd
David Minchin, CEO +44 20 7920 3150
Beaumont Cornish Ltd (Nominated
Adviser)
James Biddle
Roland Cornish +44 20 7628 3396
Canaccord Genuity Limited (Joint
Broker)
Adam James +44 20 7523 8000
Peterhouse Capital Limited (Joint
Broker)
Lucy Williams +44 20 7220 9792
Tavistock (Financial PR)
Nick Elwes
Tara Vivian-Neal +44 20 7920 3150
Ian Stalker
1 Details of t he p erson disc harging managerial responsib
ilities / p erson closely associated
a) Name Ian Stalker
-------------------------- -----------------------------------
2 Reason for notification
---------------------------------------------------------------
a) Position / status Non-Executive Chairman
-------------------------- -----------------------------------
b) Initial notification Initial
/Amendment
-------------------------- -----------------------------------
3 Details of t he issu er, emission allow a n ce m a r
k et participan t, au ct ion plat for m, au ction eer
or auc tion monitor
---------------------------------------------------------------
a) Name Helium One Global Limited
-------------------------- -----------------------------------
b) LEI 213800J96OENDQKNQZ60
-------------------------- -----------------------------------
4 Details of t he t ransact ion (s): section to be re
p eated for ( i) e a ch type of instr u m e n t; (ii)
each type of transac tion; (iii) each date; and ( iv)
each place w h ere transactions have b een condu cted
---------------------------------------------------------------
a) Description of the Ordinary shares of nil par value
financial instrument, each in Helium One Global Limited
t ype of instrument ISIN VGG4392T1075
I d entification
code
-------------------------- -----------------------------------
Nature of the transaction * Purchase of shares
-------------------------- -----------------------------------
c) Price(s) and volumes(s) Price(s) Volumes(s)
8.3p 243,900
-----------
-------------------------- -----------------------------------
d) Aggregated information n/a
-------------------------- -----------------------------------
e) Date of the transaction 2 September 2021
-------------------------- -----------------------------------
f) Place of the transaction LSX
-------------------------- -----------------------------------
David Minchin
1 Details of t he p erson disc harging managerial responsib
ilities / p erson closely associated
a) Name David Minchin
-------------------------- -----------------------------------
2 Reason for notification
---------------------------------------------------------------
a) Position / status CEO
-------------------------- -----------------------------------
b) Initial notification Initial
/Amendment
-------------------------- -----------------------------------
3 Details of t he issu er, emission allow a n ce m a r
k et participan t, au ct ion plat for m, au ction eer
or auc tion monitor
---------------------------------------------------------------
a) Name Helium One Global Limited
-------------------------- -----------------------------------
b) LEI 213800J96OENDQKNQZ60
-------------------------- -----------------------------------
4 Details of t he t ransact ion (s): section to be re
p eated for ( i) e a ch type of instr u m e n t; (ii)
each type of transac tion; (iii) each date; and ( iv)
each place w h ere transactions have b een condu cted
---------------------------------------------------------------
a) Description of the Ordinary shares of nil par value
financial instrument, each in Helium One Global Limited
t ype of instrument ISIN VGG4392T1075
I d entification
code
-------------------------- -----------------------------------
Nature of the transaction * Purchase of shares
-------------------------- -----------------------------------
c) Price(s) and volumes(s) Price(s) Volumes(s)
9.0p 110,000
-----------
-------------------------- -----------------------------------
d) Aggregated information n/a
-------------------------- -----------------------------------
e) Date of the transaction 1 September 2021
-------------------------- -----------------------------------
f) Place of the transaction LSX
-------------------------- -----------------------------------
Notes to Editors
Helium One has identified a globally unique, large-scale,
high-grade, primary helium project in Tanzania with the potential
to become a strategic asset in resolving a supply-constrained
market.
Helium One's assets are located within the rift basins on the
margin of the Tanzanian Craton. Through Helium One's subsidiary
companies Helium One (Gogota) Limited, Helium One (Stahamili)
Limited and Helium One (Njozi) Limited, the Company has secured 18
Prospecting Licences covering more than 4,512 km(2) in three
distinct project areas: the Rukwa, Balangida and Eyasi projects.
These are located near surface seeps with helium concentrations
ranging up to 10.5% He by volume.
The Rukwa Project is located within the Rukwa Rift Basin
covering 3,448km(2) in south-west Tanzania. The 2021 drilling
campaign has significantly de-risked the basin with identification
of a working helium system including demonstrated seal, reservoir,
trapping geometries and charge mechanism away from known surface
seeps.
SRK Consulting have reported a 'Best Estimate' Un-risked
Prospective Resource of 138 Bcf (2U/P50) for the Company's Rukwa
Project, meaning that the project has potentially strategic global
implications with the ability to significantly resolve helium
supply/demand issues.
All Helium One's licences are held on a 100% equity basis and
are in close proximity to the required infrastructure.
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.
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END
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