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REG - Nexus Infrastructure - Director/PDMR Shareholding

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RNS Number : 5267O  Nexus Infrastructure PLC  10 June 2022

10(th) June 2022

Nexus Infrastructure plc

("Nexus" or the "Company")

Notification of Transactions by Persons Discharging Managerial
Responsibilities (PDMRs)

Nexus announces the exercising on 8th June 2022 of the following award granted
under the Nexus Infrastructure plc Long Term Incentive Plan (LTIP) by a
PDMR.  The award, in the form of conditional nil-cost options over ordinary
shares of £0.02 each in the Company ("Ordinary Shares"), was granted on 1(st)
April 2019.

The following PDMR received Ordinary Shares under the 2019 LTIP:

 Recipient    Job Title                Number of Ordinary Shares*  Number of Ordinary Shares subsequently sold**
 Alan Martin  Chief Financial Officer  75,000                      37,500

 

* No consideration was payable to receive these Ordinary Shares under the 2019
LTIP.

** Disposal of Ordinary Shares took place on 10(th) June 2022 on the London
Stock Exchange at a price of 178 pence to satisfy the tax liabilities arising
from the exercise of the 2019 LTIP awards.

Total voting rights

An application has been made to the London Stock Exchange for admission of
75,000 new Ordinary Shares to trading on AIM on 16(th) June 2022 ("Admission")
in relation to the 2019 LTIP. Following Admission, the total number of
Ordinary Shares in issue in the Company will be 45,556,904. Nexus does not
hold any shares in treasury, and, therefore, following Admission, the total
number of voting shares in Nexus in issue will be 45,556,904. This figure may
be used by shareholders as the denominator for the calculations by which they
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the FCA's Disclosure and Transparency
Rules.

 

This notification is made in accordance with the requirements of the Market
Abuse Regulation.

 

Dawn Hillman

Company Secretary

Nexus Infrastructure
plc
Tel : 01376 559550

 

 

 1)  Details of the person discharging managerial responsibility
 a)  Name                                                         Alan Martin
 2   Reason for the notification
 a)  Position/status                                              Chief Financial Officer
 b)  Initial notification /Amendment                              Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Nexus Infrastructure plc
 b)  LEI                                                          213800PUGVLUONLG9Y20
 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
     Transaction 1
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.02 each. ISIN GB00BZ77SW60

     Identification code
 b)  Nature of the transaction                                    Exercise of Options over Ordinary Shares under the Nexus Infrastructure plc
                                                                  Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  Nil       75,000

 
 d)  Aggregated information                                       Not applicable - single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      8(th) June 2022
 f)  Place of the transaction                                     Outside of Trading Venue
     Transaction 2
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.02 each. ISIN GB00BZ77SW60

     Identification code
 b)  Nature of the transaction                                    Sale of shares sufficient to cover tax liabilities arising on the aforesaid
                                                                  award under the Nexus Infrastructure plc Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £1.78     37,500

 
 d)  Aggregated information                                       Not applicable - single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      10(th) June 2022
 f)  Place of the transaction                                     London Stock Exchange, AIM

 

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - single transaction

e)

Date of the transaction

8(th) June 2022

f)

Place of the transaction

Outside of Trading Venue

Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.02 each. ISIN GB00BZ77SW60

b)

Nature of the transaction

Sale of shares sufficient to cover tax liabilities arising on the aforesaid
award under the Nexus Infrastructure plc Long Term Incentive Plan

c)

Price(s) and volume(s)

 Price(s)  Volume(s)
 £1.78     37,500

 

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - single transaction

e)

Date of the transaction

10(th) June 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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