Exercise of Options, Director Dealing and TVR

Niox

21/05/2025 12:30

RNS Number : 6309J

Niox Group PLC

21 May 2025

 

NIOX Group plc

Exercise of Options, Director Dealing and TVR

 

21 May 2025

 

NIOX Group plc (the "Company") (AIM: NIOX) today announces that on 20 May 2025, Ian Johnson and Jonathan Emms (the "Directors") exercised share options in the Company. The options were awarded under the terms of the Company's Performance Share Plan in 2019, 2020 and 2022.  

 

The exercise of these awards was partially satisfied by issuing 6,272,099 new ordinary shares of 0.08 pence each in the Company ("Ordinary Shares"), with the exercise of the remaining 6,000,000 nil-cost options being satisfied by transferring Ordinary Shares held in Treasury.

 

Number of share options exercised
Number of Ordinary Shares transferred from Treasury
Number of Ordinary Shares
 issued
Ian Johnson
7,331,897
6,000,000
1,331,897
Jonathan Emms
4,940,202
0
4,940,202
12,272,099
6,000,000
6,272,099

 

Furthermore, the Company notifies that on 20 May 2025, the Directors sold a sufficient number of Ordinary Shares to satisfy the tax liability and other costs arising on exercise. As a result, 6,670,555 Ordinary Shares were sold on behalf of the Directors at 65.0 pence per Ordinary Share.

 

Further details of the exercise and sale (together the "Transaction") are detailed below:

 

Number of Ordinary Shares held prior to the Transaction
Number of share options exercised
Number of Ordinary Shares sold
Number of Ordinary Shares held subsequent to the Transaction
Total interest in the issued share capital
Ian Johnson
1,071,069
7,331,897
3,924,630
4,478,336
1.07%
Jonathan Emms
1,069,123
4,940,202
2,745,925
3,263,400
0.78%
12,272,099
6,670,555


 

 

The 6,272,099 new Ordinary Shares issued in connection with these awards are subject to an existing block admission and rank pari passu with the existing ordinary shares of the Company.

 

Total voting rights

Additionally, since the last total voting rights disclosure on 1 May 2025, two non-PMDRs exercised options over a total of 5,054,483 Ordinary Shares. The exercise of these  awards was partially satisfied by issuing 1,054,483 new Ordinary Shares from the Company's existing block listing facility, with the exercise of the remaining 4,000,000 options being satisfied by transferring Ordinary Shares held in Treasury.

 

Following the exercise of options by two employees and the Transaction, the Company's issued share capital now consists of 416,682,529 Ordinary Shares, each carrying one voting right. The Company no longer holds any Ordinary Shares in treasury and so the total number of voting rights in the Company is 416,682,529.

 

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 details are provided below in accordance with the requirements of UK MAR.

 

-Ends-

 

 

For further information, please contact:
NIOX Group plc
Jonathan Emms, Chief Executive Officer
Sarah Duncan, Chief Financial Officer
Rebecca Clayton-Wherity, Company Secretary
+44 (0) 3303 309 356
Singer Capital Markets (Nominated Adviser and Broker)
Jen Boorer / James Fischer / James Todd
+44 (0) 20 7496 3000
Investec Bank plc (Financial Adviser and Joint Broker)
Ben Lawrence / Lydia Zychowska
+44 (0) 20 7597 4000


 

 

 

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
2.
Reason for the notification
a.
Position/status
1. Chairman
2. Chief Executive Officer
b.
Initial notification
/Amendment
Initial notification
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
Financial instrument, type of instrument
Identification code
Ordinary Shares of 0.08p each
GB00BJVD3B28
b.
Nature of the transaction
Exercise of share options over Ordinary Shares
c.
Price(s) and volume(s)
Price(s)
Volume(s)
1.(i) Nil cost
1.(ii) 0.08p
2. 0.08p
1.(i) 6,000,000
1.(ii) 1,331,897
2. 4,940,202
d.
Aggregated information
· Aggregated volume
· Price
Price(s)
Volume(s)
1. 0.01p
2. 0.08p
1. 7,331,897
2. 4,940,202
e.
Date of the transaction
20/05/2025
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
2.
Reason for the notification
a.
Position/status
1. Chairman
2. Chief Executive Officer
b.
Initial notification
/Amendment
Initial notification
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
Financial instrument, type of instrument
Identification code
Ordinary Shares of 0.08p each
GB00BJVD3B28
b.
Nature of the transaction
Sale of Ordinary Shares to satisfy tax liability and other costs arising on exercise.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
1. 65.0p
2. 65.0p
1. 3,924,630
2. 2,745,925
d.
Aggregated information
· Aggregated volume
· Price
N/A
e.
Date of the transaction
20/05/2025
f.
Place of the transaction
London Stock Exchange, AIM

 

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