News Oil & Gas

Helium One awards management stock options

Helium One Global Ltd said it had awarded management stock options to new members of the management team.

CAPITAL

The company added it will issue 6,000,000 options to acquire ordinary shares at a strike price of 13p to new members of the management team. 

The options vest over a three-year period in three equal tranches.

This brings the total number of options and warrants in the company to 75,842,226, representing 12.31% of the company’s issued share capital.