Pulsar Helium Inc. Director/PDMR Shareholding

RNS Number : 2987Q

Pulsar Helium Inc.

16 December 2024

 

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NEWS RELEASE | 16 December 2024 | CASCAIS, PORTUGAL

Director/PDMR Shareholding

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), the helium project development company, has been notified of the transfer of 12,014,071 common shares in the Company ("Common Shares") beneficially owned by Neil Herbert, Executive Chairman and Director of the Company, from Cambrian Limited to a newly created company, NH Family Office Limited, which is beneficially owned by Neil Herbert to an equivalent extent as Cambrian Limited. Cambrian Limited remains interested in 892,827 Common Shares. Accordingly, there has been no change in Neil Herbert's beneficial ownership in the securities of the Company, which stands at 12.3%.

The escrow arrangements and AIM Rule 7 lock-in agreement (as more fully described in the Company's AIM Admission Document) governing the Common Shares beneficially owned by Neil Herbert are not affected by the transfer and remain in force.

In addition, Neil Herbert is interested in 1,750,000 options held over Common Shares in the Company and 1,360,000 performance share units ("PSUs") in Pulsar under the Company's equity incentive plan.

On behalf Pulsar Helium Inc.

"Thomas Abraham-James"

President, CEO and Director

Further Information:

Pulsar Helium Inc.

[e-mail]    

+ 1 [phone]

Strand Hanson Limited

(Nominated & Financial Adviser, and Joint Broker)

Ritchie Balmer / Rob Patrick / Richard Johnson

[phone]

OAK Securities*

(Joint Broker)

Jerry Keen (Corporate Broking) / Henry Clarke (Institutional Sales) / Dillon Anadkat (Corporate Advisory)

[e-mail]

[phone]

BlytheRay Ltd

(Financial PR)

Megan Ray / Said Izagaren

[phone]                                                                                             

[e-mail]

*OAK Securities is the trading name of Merlin Partners LLP, a firm incorporated in the United Kingdom and regulated by the UK Financial Conduct Authority.

PDMR Notification Form:

The notification below, which has been made in accordance with the requirements of UK MAR, provides further details.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Neil Herbert
2.	Reason for the Notification
a)	Position/status	Executive Chairman and Director
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pulsar Helium Inc.
b)	LEI	254900ZCNH1VXNBQY881
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	Common Shares of no par value
	Identification code	CA7459321039
b)	Nature of the Transaction	Transfer of shares between two companies beneficially owned to the same extent
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 12,014,071
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
e)	Date of the transaction	13 December 2024
f)	Place of the transaction	N/A outside trading venue

About Pulsar Helium Inc.

Pulsar Helium Inc. is a publicly traded company listed on the AIM market of the London Stock Exchange and the TSX Venture Exchange with the ticker PLSR, as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is the first mover in both locations with primary helium occurrences not associated with the production of hydrocarbons identified at each.

For further information visit:

https://pulsarhelium.com

X https://x.com/pulsarhelium  

LinkedIn https://ca.linkedin.com/company/pulsar-helium-inc

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

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