REG - Iofina PLC - Director/PDMR Shareholding

IofinaAnnouncement

14/03/2022 07:00

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RNS Number : 5841E  Iofina PLC  14 March 2022

 

14 March 2022

Iofina plc

("Iofina" or the "Company")

Director/PDMR Dealing

Iofina plc (AIM: IOF) announces that it received notification on 11 March 2022
that Lance J Baller, Non-Executive Chairman of the Company, purchased 50,000
ordinary shares in the capital of the Company at a price of 19.49 pence per
share. Further details are set out in the Notification of Dealing Form below.

Following the purchase, Mr. Baller holds 5,375,000 ordinary shares,
representing approximately 2.8 per cent. of the Company's issued share
capital. The shares purchased represent 0.025 per cent. of the Company's
issued share capital.

 Director/PDMR           Ordinary shares purchased  Resultant interest in ordinary shares  Resultant percentage of issued ordinary shares
 Non-Executive Chairman  50,000                     5,325,000                              2.8%

 

 

This announcement contains inside information for the purposes of Article 11
of the Market Abuse (amendment) (EU exit) Regulations (SI 2019/310).

 

Enquiries:

 

Dr. Tom Becker

CEO & President

Iofina plc

Tel: +44 (0)20 3006 3135

 

Christopher Raggett/Tim Harper (Corporate Finance)

Tim Redfern/Barney Hayward (ECM)

finnCap Ltd

Tel: +44 (0)20 7220 0500

 

Media Contact:

Charles Goodwin/Annabel Atkins

Yellow Jersey PR Limited

Tel: +44 (0)7747 788 221

About Iofina:

Iofina plc (AIM: IOF) is a vertically integrated Company that specialises in
the production of Iodine and the manufacturing of specialty chemical products.
Iofina is the second largest producer of iodine in North America and operates
the manufacturing entities Iofina Resources and Iofina Chemical.

 

LEI: 213800QDMFYVRJYYTQ84

ISIN: GB00B2QL5C79

 

Iofina Resources

Iofina Resources develops, builds, owns and operates iodine extraction plants
using Iofina's WET® IOsorb® technology. Iofina currently operates five
producing IOsorb® plants in Oklahoma and is consistently using technology and
innovation to improve and expand its operations.

 

Iofina Chemical

Iofina Chemical has manufactured high quality halogen speciality chemicals
derived from raw iodine, as well as non-iodine based products for over 37
years.

 

www.iofina.com (http://www.iofina.com)

 

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 

 1   Details of the persons discharging managerial responsibilities / person
     closely associated

 a)  Name                                    Lance J Baller

 2   Reason for the notification

 a)  Position/Status                         Non-Executive Chairman

 b)  Initial notification/ Amendment         Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor

 a)  Name                                    Iofina plc

 b)  LEI                                     213800QDMFYVRJYYTQ84

 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 £0.01 each

     Identification code

                                             GB00B2QL5C79

 b)  Nature of the transaction               Purchase of ordinary shares

 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                             19.49p    50,000

 
 d)  Aggregated information

     -     Aggregated volume                 50,000

     -     Price

                                             19.49p
 e)  Date of transaction                     11 March 2022

 f)  Place of transaction                    London Stock Exchange, AIM Market (XLON)

 

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

 

 

50,000

 

 

19.49p

e)

Date of transaction

 

11 March 2022

 

f)

Place of transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

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