TIDMMET1

RNS Number : 4549R

Metals One PLC

27 October 2023

27 October 2023

Metals One Plc

("Metals One" or the "Company")

Director/PDMR Shareholding

Metals One, which is advancing battery metal projects at brownfield sites in Finland and Norway, announces that the Company was informed on 26 October 2023 of the following purchases of ordinary shares GBP0.01 each in the capital of the Company ("Ordinary Shares") by certain directors of the Company.

 
 Director         Total number           Total resulting   Percentage 
                   of shares purchased    shareholding      of issued 
                                                            share capital 
 
 Daniel Maling    75,000                 4,059,202         1.95% 
                 ---------------------  ----------------  --------------- 
 Craig Moulton    67,000                 367,000           0.18% 
                 ---------------------  ----------------  --------------- 
 

A full breakdown of the transaction dates and purchase prices appears in the appendix below.

 
 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 (SRH 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 SRH 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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APPIX

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.

 
      Details of the person discharging managerial responsibilities 
  1 
 a)   Name                               Daniel Maling 
     =================================  ============================= 
      Reason for the notification 
  2 
     ================================================================ 
 a)   Position/status                    Chief Financial 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) 
                                           3.0p       20,000 
                                                     ========== 
     =================================  ============================= 
 d)   Aggregated information 
                                              Price(s)   Volume(s) 
        *    Aggregated volume                  3.0p       20,000 
                                                        ========== 
 
 
        *    Price 
     =================================  ============================= 
 e)   Date of the transaction            23/10/23 
     =================================  ============================= 
 f)   Place of the transaction           AIMX 
     =================================  ============================= 
 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) 
                                           3.1p       20,000 
                                                     ========== 
     =================================  ============================= 
 d)   Aggregated information 
                                            Price(s)   Volume(s) 
       - Aggregated volume                  3.1p       20,000 
                                                      ========== 
       - Price 
     =================================  ============================= 
 e)   Date of the transaction            24/10/23 
     =================================  ============================= 
 f)   Place of the transaction           AIMX 
     =================================  ============================= 
 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) 
                                           3.1p       35,000 
                                                     ========== 
     =================================  ============================= 
 d)   Aggregated information 
                                            Price(s)   Volume(s) 
       - Aggregated volume                  3.1p       35,000 
                                                      ========== 
       - Price 
     =================================  ============================= 
 e)   Date of the transaction            26/10/23 
     =================================  ============================= 
 f)   Place of the transaction           AIMX 
     =================================  ============================= 
 
 
      Details of the person discharging managerial responsibilities 
  1 
 a)   Name                         Craig Moulton 
     ===========================  =================================== 
      Reason for the notification 
  2 
     ================================================================ 
 a)   Position/status              Independent Non-Executive Director 
     ===========================  =================================== 
 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) 
                                     3.0p       67,000 
                                               ========== 
     ===========================  =================================== 
 d)   Aggregated information 
                                           Price(s)   Volume(s) 
        *    Aggregated volume               3.0p       67,000 
                                                     ========== 
 
 
        *    Price 
     ===========================  =================================== 
 e)   Date of the transaction      23/10/23 
     ===========================  =================================== 
 f)   Place of the transaction     AIMX 
     ===========================  =================================== 
 

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END

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October 27, 2023 02:00 ET (06:00 GMT)

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