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HE1

1.28%
NEUTRAL

Helium One Introduces Employee Benefit Trust Scheme

Why we think this is neutral

The RNS announcement is about the introduction of an Employee Benefit Trust (EBT) scheme by Helium One Global Ltd. It does not contain any of the mandatory news types that would require a more detailed analysis.

Key Points

  • Helium One has established an Employee Benefit Trust (EBT) for use as an incentive plan
  • The company will issue and allot 296,138,418 ordinary shares to the EBT, representing approximately 5% of its issued share capital

Summary

The explorer has established an Employee Benefit Trust to provide equity incentives for its management team.

Helium One Global Ltd (AIM: HE1) has announced the establishment of an Employee Benefit Trust (EBT) to provide equity incentive packages for its current and future management team. The company will issue and allot 296,138,418 ordinary shares, representing approximately 5% of its issued share capital, to the EBT.

GENERAL UPDATE