RE: CEO Reputation at stake10 Aug 2021 01:13
27 July 2021
Scirocco Energy plc
("Scirocco" or the "Company")
Helium One Limited - Investment Update
Scirocco Energy (AIM: SCIR), the AIM investing company targeting attractive assets within the European sustainable energy and circular economy markets, announces that, further to its Helium One Limited ('Helium One') notification on 18 May 2021, Scirocco has sold a further 5,300,000 ordinary shares in Helium One since that date, for proceeds of c. GBP1.22 million. Additionally, the Company has also exercised the 1 million share options (with strike price US$0.035) that it held over Helium One's share capital.
Following the above transactions, Scirocco's holding in Helium One is 5,256,088 ordinary shares, which represents c. 0.85% of Helium One's currently issued share capital.