Helium One Global Ltd issued 199,720,388 new ordinary shares following conversion notices totalling £1 million from institutional investors, in accordance with the £10 million fundraise in August.
TVRs
The conversion price of 0.5007p represents an approximate 20% discount to the closing mid-price of the company’s existing ordinary shares on 15 August 2025.
Following admission, Helium One’s issued ordinary share capital will comprise 6,603,812,350 ordinary shares, each with one voting right.
The company does not hold any ordinary shares in treasury.
Helium One owns the southern Rukwa licence in Tanzania and a 50% working interest in the Galactica-Pegasus development project in Colorado, USA.