Director/PDMR Shareholding
28/03/2024 16:45
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RNS Number : 7922I Niox Group PLC 28 March 2024
NIOX Group plc
("NIOX" or the "Company")
Director/PDMR Shareholding
Oxford, UK - 28 March 2024: NIOX Group plc (AIM: NIOX) announce it has today
granted share awards to the Executive Directors over a total of 1,340,626 new
ordinary shares in the Company ("Ordinary Shares") in respect of their 2023
bonus. These awards were made under the terms of the Deferred Share Bonus Plan
(the "Plan").
As per the Company's remuneration policy, 25% of the shares awarded are issued
immediately and 75% of the shares awarded are to be deferred for a two-year
period, other than for the sale of shares to satisfy any tax liability created
on grant. Whilst a total of 638,987 shares have been sold by the Executive
Directors to satisfy tax liabilities, each Executive Director's holding has
increased following these awards.
The total awards granted today under the Plan were as follows:
Total bonus shares granted Number of Ordinary Shares issued immediately (25%) Number of Ordinary Shares to satisfy liability on grant(1) Balance of Ordinary Shares to be deferred(2)
Ian Johnson 482,813 120,703 217,266 144,844
Jonathan Emms 482,813 120,703 226,922 135,188
Michael Roller 375,000 93,750 176,250 105,000
1,340,626 335,156 620,438 385,032
Note:
1 Calculated on the basis of closing mid-market price on the 27(th)
March 2024 of 64p
2 These 385,032 Ordinary Shares will be issued to the Executive
Directors on or around 28 March 2026. A further announcement will be made at
the relevant time.
As a result, the following shares were today allotted to the Executive
Directors:
Number of
Ordinary Shares allotted
Ian Johnson 337,969
Jonathan Emms 347,625
Michael Roller 270,000
955,594
The following shares were sold on behalf of the Executive Directors:
Number of Ordinary Shares sold(1)
Ian Johnson 223,784
Jonathan Emms 233,693
Michael Roller 181,510
638,987
Note:
1 Calculated on the basis of sale price of 62.38p
In addition, the following shares were allotted to the Executive Directors in
respect of their deferred balances due under the 2022 Plan:
Number of
Ordinary Shares allotted
Ian Johnson 91,039
Jonathan Emms 100,143
Michael Roller 77,781
268,963
The 1,224,557 new Ordinary Shares issued in connection with these awards are
subject to an existing block admission for the respective Plans and rank pari
passu with the existing ordinary shares of the Company.
Resulting Interests
Following these transactions, Ian Johnson holds 915,044 Ordinary Shares,
Jonathan Emms holds 924,161 Ordinary Shares and Michael Roller holds 666,393
Ordinary Shares. This equates to 0.22%, 0.22% and 0.16% of the issued share
capital of the Company respectively.
Voting rights
Following the above, the Company's issued share capital now consists of
423,971,260 Ordinary Shares, each carrying one voting right. Therefore, the
total number of voting rights in the Company is 423,971,260. This number may
be used by shareholders as the denominator for the calculations by which they
will 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.
Additional detail is provided below in accordance with the requirements of UK
MAR.
For further information, please contact:
NIOX Group plc +44 (0) 3303 309 356
Ian Johnson, Executive Chairman
Michael Roller, Chief Financial Officer
Sarah Duncan, Company Secretary
Singer Capital Markets (Nominated Adviser and Joint Broker) +44 (0) 20 7496 3000
Aubrey Powell / Jen Boorer / James Todd
Investec Bank plc (Financial Adviser and Joint Broker) +44 (0) 20 7597 4000
Edward Knight / Bruce Garrow / Lydia Zychowska
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 1. Ian Johnson
2. Jonathan Emms
3. Michael Roller
2. Reason for the notification
a. Position/status 1. Executive Chairman
2. Chief Operating Officer
3. Chief Financial Officer
b. Initial notification Initial notification
/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name NIOX Group plc
b. LEI 2138006YAT138TOGA556
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 Ordinary Shares of 0.08p each
Financial instrument, type of instrument
Identification code
GB00BJVD3B28
b. Nature of the transaction
Issue of new Ordinary Shares under the Deferred Share Bonus Plan
c. Price(s) and volume(s)
Price(s) Volume(s)
1. 0.08p 1. 429,008
2. 447,768
2. 0.08p 3. 347,781
3. 0.08p
d. Aggregated information
· Aggregated volume n/a
· Price
e. Date of the transaction 28/03/2024
f. Place of the transaction London Stock Exchange, AIM
d.
Aggregated information
· Aggregated volume
· Price
n/a
e.
Date of the transaction
28/03/2024
f.
Place of the transaction
London Stock Exchange, AIM
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name 1. Ian Johnson
2. Jonathan Emms
3. Michael Roller
2. Reason for the notification
a. Position/status 1. Executive Chairman
2. Chief Operating Officer
3. Chief Financial Officer
b. Initial notification Initial notification
/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name NIOX Group plc
b. LEI 2138006YAT138TOGA556
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 Ordinary Shares of 0.08p each
Financial instrument, type of instrument
Identification code
GB00BJVD3B28
b. Nature of the transaction Sale of Ordinary Shares to satisfy tax liability arising from bonus award.
c. Price(s) and volume(s)
Price(s) Volume(s)
1. 62.38p 1. 223,784
2. 62.38p 2. 233,693
3. 62.38p 3. 181,510
d. Aggregated information
· Aggregated volume n/a
· Price
e. Date of the transaction 28/03/2024
f. Place of the transaction London Stock Exchange, AIM
d.
Aggregated information
· Aggregated volume
· Price
n/a
e.
Date of the transaction
28/03/2024
f.
Place of the transaction
London Stock Exchange, AIM
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