REG - Arix Bioscience Plc - Director/PDMR Shareholding

Arix BioscienceAnnouncement

01/12/2022 08:00

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RNS Number : 2304I  Arix Bioscience Plc  01 December 2022

Arix Bioscience plc

("Company")

PDMR notification & Director Shareholding

The Company announces the annual award of nil cost options to CEO Robert Lyne,
which are subject to performance conditions over a three-year assessment
period from 1 January 2022 to 31 December 2024 in accordance with the
Company's Executive Incentive Plan ("EIP") as disclosed in the Company's
Remuneration Policy ("Policy"). Vested Shares are subject to a further two
year holding period, as set out in the Policy.

 1     Details of the person discharging managerial responsibilities / person closely

     associated

 a)    Name                                                         Robert Lyne

 2     Reason for the notification

 a)    Position/status                                              Chief Executive Officer

 b)    Initial notification /Amendment                              Initial Notification

 3     Details of the issuer, emission allowance market participant, auction

     platform, auctioneer or auction monitor

 a)    Name                                                         Arix Bioscience plc

 b)    LEI                                                          213800OVT3AHQCXNIX43

 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  Arix Bioscience plc Ordinary shares of 0.001 pence each

       Identification code                                          GB00BD045071
 b)    Nature of the transaction                                    Award of nil-cost options under the Arix Bioscience plc Executive Incentive

                                                            Plan ("EIP")

  c)   Price(s) and volume(s)                                                            Price(s)             Volume(s)
                                                                                         Nil                  636,792

 d)    Aggregated information

       - Aggregated volume                                          N/A (Single Transaction)
       - Price                                                      N/A (Single Transaction)
 e)    Date of the transaction                                      30 November 2022

 f)    Place of the transaction                                     Outside a trading venue

For further information please contact:

Kin Company Secretarial Limited, Company Secretary
+44 20 8819 6486

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