Quantum Helium Limited (AIM: QHE), a helium and hydrocarbon exploration, development, and production company with projects in the United States, held its 2026 Annual General Meeting in Sydney on 12 November 2026. All eight resolutions were carried on a show of hands, with the board confirming it will proceed with the issue of shares to six directors and persons discharging managerial responsibilities (PDMRs). The share issue, priced by reference to a five-day volume weighted average price of 2.0465 pence per share, will result in 7,552,404 new ordinary shares being admitted to AIM on 18 November 2026, bringing total voting rights to 507,406,371 ordinary shares.

Key Points

  • Quantum Helium Limited (AIM: QHE) — helium and hydrocarbon exploration, development, and production company with US projects and Australian royalty interests
  • All eight AGM resolutions passed on 12 November 2026 at the company's Sydney meeting
  • 7,552,404 new ordinary shares to be issued to six directors and PDMRs at a five-day VWAP of 2.0465p; AIM admission expected 18 November 2026
  • Investors should watch for the updated total voting rights figure of 507,406,371 ordinary shares, which serves as the denominator for shareholder interest calculations

All Eight Resolutions Carried at Quantum Helium's 2026 Sydney AGM

Quantum Helium's 2026 AGM, held in Sydney on 12 November 2026, saw all resolutions passed by a show of hands. Resolution 1, relating to a matter separate from the director share awards, attracted the strongest proxy support at 84.11% in favour, with 25,592,493 votes for and 4,834,957 against. Resolutions 2 to 8, which included the approvals required for the share issuances to directors and PDMRs, received support ranging from 64.64% to 69.13% in favour, reflecting a meaningful minority voting against those particular proposals, though all were ultimately carried.

Six Directors and PDMRs Each Awarded A$50,000 in Quantum Helium Ordinary Shares at 2.0465p

Under the arrangements approved by shareholders, executive chairman Carl Dumbrell, executive director Andrew Scott, chief financial officer Tina Loh, chief executive Howard McLaughlin, and non-executive directors Nigel Harvey and Graham Duncan will each receive 1,258,734 ordinary shares, equivalent in value to A$50,000 per individual. The number of shares was determined by reference to the five-day volume weighted average price of Quantum Helium's AIM-quoted shares for the five trading days immediately preceding the AGM, calculated at 2.0465 pence per share. The aggregate issue across all six recipients totals 7,552,404 new ordinary shares.

7.55 Million New QHE Shares Admitted to AIM on 18 November 2026 Pari Passu with Existing Stock

Quantum Helium has applied to the London Stock Exchange for the 7,552,404 new ordinary shares to be admitted to trading on AIM, with dealings expected to commence at 8.00 a.m. on 18 November 2026. The new shares will rank pari passu with the company's existing issued ordinary shares in all respects. The company confirmed it holds no shares in treasury. Following admission, Quantum Helium's total issued share capital will comprise 507,406,371 ordinary shares of no par value, which shareholders should use as the denominator when calculating notifiable interests under the company's articles.

Quantum Helium's US Helium Projects and Australian Royalties Underpin Strategic Focus

Quantum Helium describes itself as a helium and hydrocarbon exploration, development, and production company with several projects located in the United States, alongside royalty interests in Australia. The company's stated strategic objectives focus on identifying opportunities that provide operating cash flow with development upside, while continuing to advance exploration activity. Helium remains a specialised industrial commodity used extensively in technology, medical, and defence applications, making supply-side project development a closely watched area for investors in this sector. The company's NOMAD and joint broker is SP Angel Corporate Finance LLP.