Last checked at 17 Apr 2024 12:05
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 +44 (0)20 7390 0234 |
Beaumont Cornish Limited (Nominated Adviser) James Biddle / Roland Cornish www.beaumontcornish.com | +44 (0)20 7628 3396 |
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Shard Capital Partners LLP (Joint Broker) Damon Heath / Erik Woolgar | +44 (0)20 7186 9952
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SI Capital Limited (Joint Broker) Nick Emerson | +44 (0)14 8341 3500 |
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Fortified Securities (Joint Broker) Guy Wheatley, CFA www.fortifiedsecurities.com | +44 (0)20 3411 7773 |
Vigo Consulting (Investor Relations) Ben Simons / Kendall Hill metalsone@vigoconsulting.com | +44 (0)20 7390 0234
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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
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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)
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| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
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e)
| Date of the transaction
| 17/04/24 | ||||
f)
| Place of the transaction
| On market | ||||