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Notice of Conversion of Advance

In brief · summary, not quotable

Company converts £1m advance into 199.7m new ordinary shares at 0.5007p per share.

  • Conversion amount £1,000,000
  • Conversion price 0.5007p per share
  • Discount to market approximately 20%
  • New ordinary shares allotted 199,720,388
  • Total issued ordinary shares post-admission 6,603,812,350
Full announcement

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Further to the approval of the Investment Agreement dated 18 July 2025 by shareholders at a General Meeting held on 6 August 2025, the Company has received conversion notices totalling £1,000,000 from the Investors.

Pursuant to the terms of the Investment Agreement, the conversion price has been calculated at 0.5007p and this represents a discount of approximately 20% to the closing mid-price of the Company's existing Ordinary Shares on 15 August 2025. This will result in the allotment of 199,720,388 new Ordinary Shares.

Admission and Total Voting Rights

Applications have been made for the new ordinary shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective on 20 August 2025.

Upon Admission, the Company's issued ordinary share capital will consist of 6,603,812,350 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Admission the total number of Ordinary Shares and voting rights in the Company will be 6,603,812,350. With effect from Admission, this figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Helium One Global Ltd+44 20 7920 3150
Lorna Blaisse, CEO Graham Jacobs, Finance and Commercial Director
Panmure Liberum Limited (Nominated Adviser and Joint Broker) Scott Mathieson Nikhil Varghese+44 20 3100 2000
Zeus Capital Limited (Joint Broker) Simon Johnson Louisa Waddell+44 20 3829 5000
Tavistock (Financial PR) Nick Elwes Tara Vivian-Neal+44 20 7920 3150

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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