For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240308:nRSH0794Ga&default-theme=true
RNS Number : 0794G IDOX PLC 08 March 2024
8 March 2024
Idox plc
("Idox", "the Company" or "the Group")
Director/PDMR Shareholding
Idox plc (AIM: IDOX), a leading supplier of specialist information management
software and Geospatial data solutions to the public and asset intensive
sectors, announces that, on 7 March 2024, David Meaden, Chief Executive
Officer of the Company, exercised nil cost options under the 2021 Idox plc
Long Term Incentive Plan over a total of 622,640 ordinary shares of 1p each
("Ordinary Shares").
The Company also announces that, on the same day, Mr Meaden sold 294,000
Ordinary Shares at a price of 62.6p pence per share partially to satisfy
current tax liabilities relating to option exercises over Ordinary Shares.
Following this notification, Mr Meaden has a beneficial holding of 1,439,179
Ordinary Shares (which represents 0.31% of the issued share capital of the
Company).
Applications have been made for the 622,640 new Ordinary Shares to be admitted
to trading on AIM ("Admission"). It is expected that Admission will occur at
8.00 a.m. on or around 13 March 2024.
The total number of Ordinary Shares in issue following Admission will be
457,561,546. Therefore the total number of Ordinary Shares with voting rights
in the Company will be 457,561,546.
The above figure of 457,561,546 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure and Transparency Rules.
The information below (set out in accordance with the requirements of EU
Market Abuse Regulation) provides further detail:
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name David Meaden
2. Reason for the notification
a. Position/status Chief Executive Officer
b. Initial notification Initial Notification
/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Idox plc
b. LEI 213800Z3FE6PWVSUGE70
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
b. Nature of the transaction 1. Exercise of options over Ordinary Shares
2. Sale of Ordinary Shares.
c. Price(s) and volume(s) Price(s) Volume(s)
1. n/a 622,640
2. 62.6p 294,000
d. Aggregated information Price(s) Volume(s)
1. n/a 622,640
· Aggregated volume 2. 62.6p 294,000
· Price
e. Date of the transaction 1. 7 March 2024
2. 7 March 2024
f. Place of the transaction 1. Outside a trading venue
2. London Stock Exchange (XLON); AIM
d.
Aggregated information
· Aggregated volume
· Price
Price(s) Volume(s)
1. n/a 622,640
2. 62.6p 294,000
e.
Date of the transaction
1. 7 March 2024
2. 7 March 2024
f.
Place of the transaction
1. Outside a trading venue
2. London Stock Exchange (XLON); AIM
For further information please contact:
Idox plc +44 (0) 870 333 7101
Chris Stone, Non-Executive Chairman
David Meaden, Chief Executive
Anoop Kang, Chief Financial Officer
+44 (0) 20 7418 8900
Peel Hunt LLP (NOMAD and Broker)
Paul Gillam
Michael Burke
Adam Telling
MHP Communications + 44 (0) 203 128 8793
Reg Hoare idox@mhpc.com
Ollie Hoare
Matthew Taylor
About Idox plc
For more information see www.idoxplc.com (http://www.idoxplc.com/)
@Idoxgroup
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHFFFFFVIIDIIS