REG - IXICO plc - Share option awards and PDMR Dealing

IXICOAnnouncement

13/06/2025 08:15

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RNS Number : 7630M  IXICO plc  13 June 2025

13 June
2025

 

 

 

IXICO PLC

 

("IXICO" or the "Company")

 

Share Option Award & Director Bed & ISA Dealings

PDMR Dealing

 

Share Option Award:

 

IXICO plc (AIM: IXI), the medical imaging advanced analytics company
delivering insights in neurosciences, today announces that it has issued a
total of 850,000 options to subscribe for ordinary shares of 1 pence each in
the Company (the "Share Options") to Mark Austin, Chief Technology Officer,
James Chandler, Chief Business Officer and Terry Reilly, VP Global Business
Development.  Mark Austin and James Chandler are considered Persons
Discharging Managerial Responsibility under the Market Abuse Regulation
(PDMRs) of the Company.

 

The Share Options have vesting criteria aligned with retention and annual
share price growth over 3 years. The options have an exercise price equivalent
to the closing share price on the date of award except for those awarded to
PDMRs which have an exercise price of £0.01.  All options will be subject to
a hold period to the third anniversary of their award.

 

The achievement of share price growth each year shall be measured by
calculating the 3-month average share price immediately prior to each
anniversary of the option award. The growth performance can be met in full by
an absolute annual compound share price growth of 40% over the three-year
period or in part by a 40% share price growth as compared to the prior year.
In the first year this shall be compared to a baseline price equivalent to the
three-month average share price immediately prior to 1 June 2025.

 

Director Bed & ISA Dealings:

 

In addition, the Company announces that it received notification on 12 June
2025, that Grant Nash, CFO/COO and PDMR, sold 45,263 ordinary shares of 1p
each in the Company and repurchased 45,263 ordinary shares into Mr Nash's ISA
account.  Following this transaction Mr Nash's beneficial interest in the
Company's shares has not changed.

 

The notifications below, made in accordance with the requirements of the
Market Abuse Regulation, provide further detail.

 

 

For further information please contact:

 

 IXICO plc                                     +44 (0) 20 3763 7499
 Bram Goorden, Chief Executive Officer

 Grant Nash, Chief Financial Officer

 James Chandler, Chief Business Officer (IR)

 Cavendish Capital Markets Limited             +44 (0) 20 7220 0500

 (Nominated adviser and sole broker)
 Giles Balleny (Corporate Finance)
 Nigel Birks (Life Sciences Specialist Sales)
 Harriet Ward (Corporate Broking)
 Michael F Johnson (Sales)

 

About IXICO

IXICO is dedicated to delivering insights in neuroscience to help transform
the advancement of investigational therapies for neurological diseases, such
as Huntington's disease, Parkinson's disease and Alzheimer's disease. The
Company's purpose is to advance medicine and human health by turning data into
clinically meaningful information, providing valuable new insights in
neuroscience by supporting pharmaceutical companies across all phases of CNS
clinical research. IXICO's goal is to be a leading advocate of artificial
intelligence in medical image analysis.

 

IXICO has developed and deployed breakthrough data analytics, at scale,
through its remote access technology platform, to improve the return on
investment in drug development and reduce risk and uncertainty in clinical
trials for the Company's pharmaceutical clients.

 

More information is available on www.IXICO.com (http://www.ixico.com/)  and
follow us on X (formerly Twitter) @IXICOnews

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Mark Austin

 2    Reason for the notification

 a)   Position/status                                              Chief Technology Officer and PDMR

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         IXICO plc

 b)   LEI                                                          2138005M1F59O6HWSA97

 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  Options over ordinary shares in IXICO plc

      Identification code                                          ISIN: GB00BFXR4C20

 b)   Nature of the transaction                                    Grant of Share Options

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     1 pence           350,000

 d)   Aggregated information

                                                                   N/A - single transaction
      - Aggregated volume

      - Price

 e)   Date of the transaction                                      12 June 2025

 f)   Place of the transaction                                     Off Market Transaction

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         James Chandler

 2    Reason for the notification

 a)   Position/status                                              Chief Business Officer and PDMR

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         IXICO plc

 b)   LEI                                                          2138005M1F59O6HWSA97

 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  Options over ordinary shares in IXICO plc

      Identification code                                          ISIN: GB00BFXR4C20

 b)   Nature of the transaction                                    Grant of Share Options

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     1 pence           350,000

 d)   Aggregated information

                                                                   N/A - single transaction
      - Aggregated volume

      - Price

 e)   Date of the transaction                                      12 June 2025

 f)   Place of the transaction                                     Off Market Transaction

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Grant Nash

 2    Reason for the notification

 a)   Position/status                                              Chief Financial Officer and PDMR

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         IXICO plc

 b)   LEI                                                          2138005M1F59O6HWSA97

 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 in IXICO plc

      Identification code                                          ISIN: GB00BFXR4C20

 b)   Nature of the transaction                                    Sale and purchase of ordinary shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)            Volume(s)
                                                                                     Sale at 13.00p      45,263
                                                                                     Purchase at 13.04p  45,263

 d)   Aggregated information

                                                                   N/A
      - Aggregated volume

      - Price

 e)   Date of the transaction                                      12 June 2025

 f)   Place of the transaction                                     Off Market Transaction

 

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