TIDMMET1

RNS Number : 4388I

Metals One PLC

07 August 2023

7 August 2023

Metals One Plc

("Metals One" or the "Company")

Director/PDMR Shareholding - CEO On Market Share Purchases

Metals One, which is advancing battery metal projects at brownfield sites in Finland and Norway, announces that the Company was informed on 4 August 2023 that Jonathan Owen, Chief Executive Officer, and a director, of the Company, purchased 22,687 ordinary shares of GBP0.01 each in the capital of the Company ("Ordinary Shares") at a price of 4.36 pence per Ordinary Share on 3 August 2023, 16,986 Ordinary Shares on 4 August 2023 at a price of 4.34 pence per Ordinary Share, and a further 9,512 Ordinary Shares on 4 August 2023 at a price of 4.71 pence per Ordinary Share.

Following the purchases, Mr Owen is interested in a total of 1,099,185 Ordinary Shares, representing approximately 0.53% 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 
 Shard Capital Partners LLP (Joint Broker) 
  Damon Heath / Erik Woolgar                     +44 (0)20 7186 9952 
 
 SI Capital Limited (Joint Broker)               +44 (0)14 83413 500 
 Nick Emerson 
 Vigo Consulting (Investor Relations) 
  Ben Simons / Kendall Hill 
  metalsone@vigoconsulting.com                   +44 (0)20 7390 0234 
 

About Metals One

Metals One is developing brownfield battery metals projects in Finland (Black Schist Project) and Norway (Brownfield Råna Project), with approximately GBP9 million of exploration carry exposure through farm-in agreements. Metals One is aiming to help meet the significant demand for battery metals 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 km(2) across three licence areas, has an Inferred Resource of 28.1 Mt nickel-zinc-cobalt-copper and is located adjacent to Talvivaara, Europe's largest operating nickel mine. Metals One's fully carried Brownfield Råna Project in Norway covers 18.14 km(2) 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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      Details of the person discharging managerial responsibilities 
  1 
 a)   Name                               Jonathan Owen 
     =================================  ============================= 
      Reason for the notification 
  2 
     ================================================================ 
 a)   Position/status                    Chief Executive Officer 
     =================================  ============================= 
 b)   Initial notification               Initial notification 
       /Amendment 
     =================================  ============================= 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ================================================================ 
 a)   Name                               Metals One Plc 
     =================================  ============================= 
 b)   LEI                                213800WGPHJ5MC5QLJ19 
     =================================  ============================= 
      Details of the transaction(s): section to be repeated for 
  4    (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                 Ordinary Shares 
       financial instrument, 
       type of instrument                 GB00BMH3KM70 
 
       Identification code 
     =================================  ============================= 
 b)   Nature of the transaction          Share Purchase 
     =================================  ============================= 
 c)   Price(s) and volume(s)              Price(s)   Volume(s) 
                                           4.36p      22,687 
                                                     ========== 
     =================================  ============================= 
 d)   Aggregated information 
                                              Price(s)   Volume(s) 
        *    Aggregated volume                  4.355p     22,687 
                                                        ========== 
 
 
        *    Price 
     =================================  ============================= 
 e)   Date of the transaction            03/08/23 
     =================================  ============================= 
 f)   Place of the transaction           On market 
     =================================  ============================= 
 a)   Description of the                 Ordinary Shares 
       financial instrument, 
       type of instrument                 GB00BMH3KM70 
 
       Identification code 
     =================================  ============================= 
 b)   Nature of the transaction          Share Purchase 
     =================================  ============================= 
 c)   Price(s) and volume(s)              Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           4.34p      16,986 
                                                     ---------- 
                                           4.71p      9,512 
                                                     ---------- 
     =================================  ============================= 
 d)   Aggregated information 
                                            Price(s)   Volume(s) 
       - Aggregated volume                  4.476p     26,498 
                                                      ========== 
       - Price 
     =================================  ============================= 
 e)   Date of the transaction            04/08/23 
     =================================  ============================= 
 f)   Place of the transaction           On market 
     =================================  ============================= 
 

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END

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(END) Dow Jones Newswires

August 07, 2023 02:00 ET (06:00 GMT)

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