REG - IQ-AI Limited - Director/PDMR Shareholding

IQ-AIAnnouncement

04/01/2022 09:30

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RNS Number : 3367X  IQ-AI Limited  04 January 2022

4 January 2022

IQ-AI Ltd

("IQ-AI" or the "Company")

 

Director/PDMR Shareholding

 

IQ-AI announces that Michael Schmainda, Director of IQAI and CEO of Imaging
Biometrics, has been granted an option to subscribe for 5,969,792 ordinary
shares of 1p each in the Company ("Ordinary Shares") at an exercise price of
5.88p per share. The option will vest on 15 December 2024.

 

Michael Schmainda is currently interested in 9,108,400 Ordinary Shares,
representing 4.99 per cent. of the voting rights of the Company.

 

The Directors of the Company accept responsibility for the contents of this
announcement

 

-ENDS-

 

For further information, please contact:

 IQ-AI Limited

 Trevor Brown/Brett Skelly/Vinod Kaushal

 Tel: 020 7469 0930

 Peterhouse Capital Limited (Financial Adviser and Broker)

 Lucy Williams/Heena Karani

 Tel: 020 7220 9797

 

 

 Notification and public disclosure of transactions by persons discharging
 managerial responsibilities and persons closely associated with them.
 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Michael Schmainda
 2   Reason for the notification
 a)  Position/status                                              Director of the Company
 b)  Initial notification /Amendment

                                                                  Initial
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         IQ-AI Limited
 b)  LEI                                                          213800SPW48XRJS2QH57
 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 1p each

     Identification code

                                                                  ISIN: JE00BD4H0R42
 b)  Nature of the transaction                                    Grant of Option

 c)  Price(s) and volume(s)                                       5,969,792 ordinary shares at 5.88p per share

 d)  Aggregated information

     - Aggregated volume

     - Price                                                      N/A (single transaction)

 e)  Date of the transaction                                      15 December 2021

 f)  Place of the transaction                                     N/A

 

 

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation EU 596/2014 as it forms part of retained EU law
(as defined in the European Union (Withdrawal) Act 2018).

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