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RNS Number : 2898D i(x) Net Zero PLC 02 March 2022
i(x) Net Zero PLC
("i(x) Net Zero" or the "Company")
Director / PDMR shareholding
i(x) Net Zero PLC (AIM: IX.), the investing company which focuses on Energy
Transition and Sustainability in the Built Environment, was notified on 28
February 2022, that on the same day, Steve Oyer, Chief Executive Officer of
the Company, purchased 5,000 ordinary shares of no par value in the Company
("Ordinary Shares") at a price of 77 pence per Ordinary Share.
Following this transaction, Steve Oyer is interested in 1,776,292 Ordinary
Shares, representing approximately 2.2 per cent. of the Company's issued share
capital.
Further details are set out below, made in accordance with the requirements of
the EU Market Abuse Regulation (as it forms part of UK law pursuant to the
European Union (Withdrawal) Act 2018.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Steven Oyer
2 Reason for the notification
a) Position / status Chief Executive Officer / PDMR
b) Initial notification / amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name i(x) Net Zero PLC
b) Legal entity identifier 213800YUAD1FCXH29638
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 Ordinary shares of no par value
Identification code ISIN: JE00BP4DVJ57
b) Nature of the transaction Purchase of Ordinary Shares
c) Currency GBP
d) Price(s) and volume(s) Price: 77 pence per share
Volume: 5,000
e) Aggregated information n/a
f) Date of the transaction 28 February 2022
g) Place of the transaction London
- Ends -
For further information visit https://ixnetzero.com/ (https://ixnetzero.com/)
or contact:
i(x) Net Zero Via Buchanan below
Steve Oyer - Chief Executive Officer
Pär Lindström - Chief Investment Officer
Marc Chennault - Chief Financial Officer
H & P Advisory Limited +44 20 7907 8500
Financial Adviser & Joint Broker
Neil Passmore
Ernest Bell
Andy Crispin (Sales)
Shore Capital +44 20 7408 4050
Nominated Adviser & Joint Broker
Tom Griffiths
David Coaten
Iain Sexton
Buchanan
Helen Tarbet +44 7872 604 453
Simon Compton +44 7979 497 324
Ariadna Peretz +44 7488 495 969
About i(x) Net Zero
i(x) Net Zero PLC is an investing company that provide its shareholders the
opportunity to create long-term capital growth with positive, scalable,
measurable and sustainable impact on the environment and on the communities it
serves.
In accordance with its belief that the world's biggest problems are also the
biggest market opportunities, i(x) Net Zero focuses on two critical areas in
which it aims to make a positive impact: (i) Energy Transition and (ii)
Sustainability in the Built Environment. The Company uses a multi-strategy
investment approach, providing the companies in which it invests with the
expertise and catalytic capital to help them grow. To date, i(x) Net Zero has
invested in biofuels, direct air capture (carbon removal), renewable energy,
sustainable workforce housing and net zero construction technology.
i(x) Net Zero is a provisional signatory to the UN Principles for Responsible
Investing. The Company has received the London Stock Exchange's Green Economy
Mark.
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