REG - i(x) Net Zero PLC - Director/PDMR Shareholding

I (X) Net ZeroAnnouncement

05/04/2022 07:00

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RNS Number : 2285H  i(x) Net Zero PLC  05 April 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 4
April 2022, that on the same day, Steve Oyer, Chief Executive Officer of the
Company, purchased 885 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 1,777,177 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 PDMR / person closely associated with them ("PCA")
 (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
 (a)   Name                                      i(x) Net Zero PLC
 (b)   Legal Entity Identifier code              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   Ordinary Shares of no par value
 (b)   Identification Code                       JE00BP4DVJ57
 (c)   Nature of the transaction                 Purchase of Ordinary Shares
 (d)   Currency                                  GBP
 (e)   Price(s) and volume(s)                    Price(s)            Volume(s)
                                                 77 pence per share  885
 [(f)  Aggregated information                    n/a

 (g)   Date of the transaction                   04-04-2022
 (h)   Place of the transaction                  AIM LSE

[(f)

Aggregated information

 

n/a

(g)

Date of the transaction

04-04-2022

(h)

Place of the transaction

AIM LSE

 

 

- 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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