Stock Option Exercise, TVR and Director PDMR
Pulsar Helium Inc. announced that Cambrian Limited, beneficially owned by Executive Chair Neil Herbert, exercised 1,597,061 stock options at CAD$0.45 each, generating CAD$718,677 for the company. Following this exercise and a disposition of 804,800 shares by NH Family Office Limited, also beneficially owned by Mr. Herbert, his total beneficial interest increased to 13,699,159 shares, representing 7.42% of the company's issued shares. The 1,597,061 new shares are expected to be admitted to trading on AIM around April 2, 2026, bringing the total issued shares to 184,524,719.
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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 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 | MARCH 30, 2026 | CASCAIS, PORTUGAL |
PULSAR ANNOUNCES STOCK OPTION EXERCISE, TVR AND DIRECTOR/PDMR SHAREHOLDING
Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) ("Pulsar" or the "Company"), a primary helium company, notes on March 27, 2026, Cambrian Limited, a company beneficially owned and controlled by Neil Herbert, Executive Chair of the Company, exercised 1,597,061 stock options ("Cambrian Option Exercise") over new common shares ("Shares"), issued pursuant to the Company's shareholder and TSX Venture Exchange approved Stock Option Plan, at an exercise price of CAD$0.45 each, generating cash proceeds for the Company of CAD$718,677.
Director/PDMR Shareholding
In addition, the Company was notified of dispositions on March 26, 2026, of in aggregate 804,800 Shares controlled by NH Family Office Limited, which is beneficially owned by Neil Herbert (the "Disposition"). Following the Cambrian Option Exercise and the Disposition, Mr. Herbert's beneficial interest through Cambrian Limited and NH Family Office Limited in Pulsar has increased to 13,699,159 Shares, representing 7.42% of the Company's issued and outstanding Shares on Admission (as defined below).
Pulsar notes that Mr. Herbert is interested directly in 454,000 PSUs pursuant to the Company's shareholder approved Equity Plan.
The PDMR notification forms below sets additional information.
Admission and total voting rights
Application will be made to the London Stock Exchange for the admission of the 1,597,061 new Shares to trading on AIM ("Admission"), which will rank pari passu with existing Shares. Admission is expected to occur at 8.00 a.m. (BST) on or around April 2, 2026.
Following Admission, Pulsar will have 184,524,719 Shares issued and there are no shares held in treasury. This figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules and the Company's Articles.
On behalf of Pulsar Helium Inc.
"Thomas Abraham-James"
President, CEO and Director
Pulsar Helium Inc.
+ 1 (218) 203-5301 (USA/Canada)
+44 (0) 2033 55 9889 (United Kingdom)
Strand Hanson Limited
(Nominated & Financial Adviser, and Broker)
Ritchie Balmer / Rob Patrick
Yellow Jersey PR Limited
(Financial PR)
Charles Goodwin / Annabelle Wills
About Pulsar Helium Inc.
PDMR Notification Form:
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Cambrian Limited is a PCA of Neil Herbert, Executive Chairman and Director of the Company |
| 2. | Reason for the Notification | |
| a) | Position/status | Executive Chairman and Director |
| b) | Initial notification/amendment | Initial notification |
| a) | Name | Pulsar Helium Inc. |
| b) | LEI | 254900ZCNH1VXNBQY881 |
| a) | Description of the Financial instrument, type of instrument | Common Shares of no par value |
| Identification code | CA7459321039 | |
| b) | Nature of the Transaction | Shares issued pursuant to the exercise of stock options |
| c) | Price(s) and volume(s) | Price(s) Volume(s) CAD$0.45 1,597,061 |
| d) | Aggregated information Aggregated volume Price | N/A (single transaction) |
| e) | Date of the transaction | March 27, 2026 |
| f) | Place of the transaction | Outside trading venue |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | NH Family Office is a PCA of Neil Herbert, Executive Chairman and Director of the Company |
| 2. | Reason for the Notification | |
| a) | Position/status | Director |
| b) | Initial notification/amendment | Initial notification |
| a) | Name | Pulsar Helium Inc. |
| b) | LEI | 254900ZCNH1VXNBQY881 |
| a) | Description of the Financial instrument, type of instrument | Common Shares of no par value |
| Identification code | CA7459321039 | |
| b) | Nature of the Transaction | Sale of Shares |
| c) | Price(s) and volume(s) | Price(s) Volume(s) CAD 1.7614100 CAD 1.7448400 CAD 1.7618750 CAD 1.7575000 CAD 1.7286400 GBP 0.9121670 GBP 0.9125000 GBP 0.9250000 GBP 0.9575000 GBP 0.9500000 GBP 0.9600000 100,000 100,000 100,000 100,000 54,800 60,000 60,000 60,000 50,000 60,000 60,000 |
| d) | Aggregated information Aggregated volume Price | Volume (CAD trades): 454,800 Price (CAD): 1.7530606 per Share Volume (GBP trades): 350,000 Price (GBP): 0.9355858 per Share |
| e) | Date of the transaction | March 26, 2026 |
| f) | Place of the transaction | London Stock Exchange: AIM & TSX Venture Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.