Quantum Helium Limited

Director's Dealing • Dec 10, 2024

National Storage Mechanism | Additional information

RNS Number : 5383P

Mosman Oil and Gas Limited

10 December 2024

10 December 2024

Mosman Oil and Gas Limited

("Mosman" or the "Company")

Issue of Options

Capital Structure Update

Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon exploration, development and production company, announces the grant of options to Mr Andrew Carroll as approved at the recent AGM and announced, alongside the exercise price of 0.077p on 29 November 2024 and provides an updated summary of its capital structure.

Capital Structure Update

Shares

Number of Shares in issue: 19,537,077,218 (as at 10 December 2024)

Percentage of Shares not in public hands: 1.19%

Number of Shares not in public hands: 232,967,767

Director Shareholding

Name of Director	No. of Ordinary Shares	% of Ordinary Share Capital	No. of Warrants/Options
Andrew Carroll	169,296,432	0.87%	237,047,463
Nigel Harvey	63,671,335	0.32%	21,052,632
Carl Dumbrell	-	-	-

Table of Director share acquisitions in 2024

Name of Director	31 December 2023 Balance	Shares Acquired 13 February 2024	Shares Acquired 5 December 20241	10 December 2024 Balance
Andrew Carroll	63,657,334	84,210,526	21,428,572	169,296,432
Nigel Harvey	137,500	42,105,263	21,428,572	63,671,335

1.     Pursuant to the passing of Resolutions 2 and 3 at the Company Annual General Meeting held on 29 November 2024, 21,428,572 shares were issued to Mr Carroll and 21,428,572 shares were issued to Mr Harvey on 5 December 2024.

Grant of Options

Pursuant to the passing of Resolution 4 at the Company Annual General Meeting held on 29 November 2024, a total of 194,942,200 options with an exercise price of 0.077p, exercisable for 3 years have been granted to Mr Andrew Carroll. Mr Carroll now holds a total of 237,047,463 warrants/options in the Company. The exercise price of the options was calculated and announced previously and was based on a premium to the average 5 day VWAP share price ahead of the AGM.

Total Warrants/Options over shares in the Company outstanding as at 10 December 2024

Number of Warrants/Options	Exercisable at	Expiry Date
428,571,428	0.07p	20 July 2025
80,000,000	0.025p	5 December 2025
120,000,000	0.025p	8 February 2026
63,157,895	0.025p	13 February 2026
254,571,428	0.035p	19 September 2026
194,942,200	0.077p	10 December 2027

Enquiries:

Mosman Oil & Gas Limited Andy Carroll CEO [email protected]	NOMAD and Joint Broker SP Angel Corporate Finance LLP Stuart Gledhill / Richard Hail / Adam Cowl +44 (0) 20 3470 0470
Alma Justine James / Will Merison +44 (0) 20 3405 0205 [email protected]	Joint Broker CMC Markets UK Plc Douglas Crippen +44 (0) 020 3003 8632

Updates on the Company's activities are regularly posted on its website:  www.mosmanoilandgas.com

Notes to editors

Mosman (AIM: MSMN) is a helium, hydrogen and hydrocarbon exploration, development, and production company with projects in the US and Australia. Mosman's strategic objectives remain consistent: to identify opportunities which will provide operating cash flow and have development upside, in conjunction with progressing exploration. The Company has several projects in the US, in addition to exploration projects in the Amadeus Basin in Central Australia.

1.

Details of PDMR/person closely associated with them ("PCA")

a)

Name

Andy Carroll

2.

Reason for the notification

a)

Position/status

CEO

b)

Initial notification/

amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Full name of the entity

Mosman Oil and Gas Limited

b)

Legal Entity Identifier code

213800PWZID9URNNGZ54

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of Mosman Oil and Gas Limited

AU0000XINET1

b)

Nature of the transaction

Issue of options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.077p	194,942,200

d)

Aggregated information

-     Aggregated volume

-     Price

Single transaction as in 4c) above

e)

Date of the transaction

10 December 2024

f)

Place of the transaction

Outside a trading venue

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