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Pulsar Helium Inc. announced on 16 December 2024 that Executive Chairman Neil Herbert completed a transfer of 12,014,071 common shares on 13 December 2024. These shares moved from Cambrian Limited to NH Family Office Limited, both beneficially owned by Mr. Herbert, resulting in no change to his overall beneficial ownership in the company, which stands at 12.3%.
| Date | 16 Dec 2024 |
| Time | 17:33:38 |
| Category | Director/PDMR dealings |
| ID | 2987Q |
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS.
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.
+ 1 (604) 599-0310
Strand Hanson Limited
(Nominated & Financial Adviser, and Joint Broker)
Ritchie Balmer / Rob Patrick / Richard Johnson
+44 (0) 207 409 3494
OAK Securities*
(Joint Broker)
Jerry Keen (Corporate Broking) / Henry Clarke (Institutional Sales) / Dillon Anadkat (Corporate Advisory)
+44 203 973 3678
BlytheRay Ltd
(Financial PR)
Megan Ray / Said Izagaren
+44 207 138 3204
*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.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Neil Herbert |
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2. |
Reason for the Notification |
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a) |
Position/status |
Executive Chairman and Director |
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b) |
Initial notification/amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Pulsar Helium Inc. |
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b) |
LEI |
254900ZCNH1VXNBQY881 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Common Shares of no par value |
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Identification code |
CA7459321039 |
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b) |
Nature of the Transaction |
Transfer of shares between two companies beneficially owned to the same extent |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
N/A (Single transaction) |
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e) |
Date of the transaction |
13 December 2024 |
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f) |
Place of the transaction |
N/A outside trading venue
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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:
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.