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

I (X) Net ZeroAnnouncement

03/07/2024 14:30

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RNS Number : 0286V  i(x) Net Zero PLC  03 July 2024

3 July 2024

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, has been informed that
on 2 July 2024 Par Lindstrom, CEO, and Jonathan Stearns, CFO, each purchased
250,000 ordinary shares of no par value in the Company ("Ordinary Shares"), at
a price of 9.5 pence per Ordinary Share.

 

Following these purchases, Par Lindstrom has a total beneficial interest in
11,403,223 Ordinary Shares, representing 13.04% of the Company's shares in
issue, and Jonathan Stearns has a total beneficial interest in 1,100,000
Ordinary Shares, representing 1.26% of the Company's shares in issue.

 

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
 a)  Name                                             Par Lindstrom
 2   Reason for the notification
 a)  Position/status                                  CEO
 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)  LEI                                              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 of the Financial Instrument  JE00BP4DVJ57
 c)  Nature of the transaction                        Purchase of Ordinary Shares
 d)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                      9.5p      250,000

 

 e)  Aggregated information:  volume, Price           N/a

 f)  Date of the transaction                          2 July 2024
 g)  Place of the transaction                         London Stock Exchange

 

 

e)

Aggregated information:  volume, Price

N/a

 

 

f)

Date of the transaction

2 July 2024

g)

Place of the transaction

London Stock Exchange

 

 

 

 1   Details of the person discharging managerial responsibilities
 a)  Name                                             Jonathan Stearns
 2   Reason for the notification
 a)  Position/status                                  CFO
 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)  LEI                                              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 of the Financial Instrument  JE00BP4DVJ57
 c)  Nature of the transaction                        Purchase of Ordinary Shares
 d)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                      9.5p      250,000

 

 e)  Aggregated information:  volume, Price           N/a

 f)  Date of the transaction                          2 July 2024
 g)  Place of the transaction                         London Stock Exchange

 

 

e)

Aggregated information:  volume, Price

N/a

 

 

f)

Date of the transaction

2 July 2024

g)

Place of the transaction

London Stock Exchange

 

 

 

 

 

- Ends -

 

 

For further information visit https://ixnetzero.com/
(https://url.avanan.click/v2/___https:/ixnetzero.com/___.YXAzOml4bmV0emVybzphOm86MWI5YTUyZmU4NmZiYWI5OGVjZjRmZWM5ZWRkZjg5OTE6NjpjYzE3OjFhMDNjOTMyMzEzNzkxYzkxY2QxYjg4YWRmYmExMjg5Y2FiNWM1YTQxYmExMjVlNDBhYTVjM2Q0YjZjZTI4NGQ6cDpU)
 or contact:

 i(x) Net Zero                               Via Buchanan below
 Pär Lindström - Chief Executive Officer
 Jonathan Stearns - Chief Financial Officer

 Canaccord Genuity Limited                   +44 20 7523 8000

 Nominated Adviser & Broker
 Max Hartley
 Harry Pardoe

 Buchanan
 Helen Tarbet                                +44 7872 604 453
 Simon Compton                               +44 7979 497 324
 Abby Gilchrist                              +44 7557 952 223

 

 

Notes to Editors

 

About i(x) Net Zero PLC

 

i(x) Net Zero PLC is an AIM quoted investing company that provides 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 signatory to the UN Principles for Responsible
Investing. The Company has received the London Stock Exchange's Green Economy
Mark.

 

 

 

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