Grant of Share Options
13/11/2024 07:00
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RNS Number : 9697L SulNOx Group PLC 13 November 2024
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION
11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310
13 November 2024
SulNOx Group Plc (the "Company" or "SulNOx")
Granting of Share Options
(Aquis Stock Exchange: SNOX)
The board of directors of the Company (the "Board") announces that it
yesterday granted share options to certain directors and employees. A total of
1,420,000 options (the "Options") have been granted for ordinary shares of 2
pence each in the capital of the Company ("Ordinary Shares"), all with a
10-year life. The Options have been granted under an unapproved share option
scheme and within existing share allotment authorities.
The Options have been granted with an exercise price of 52.0p, a small premium
to the average closing price at which the Ordinary Shares traded for the last
five days of 49.0 pence.
- Ends -
For further information please contact:
SulNOx Group plc Tel: 07624 491 821
Steven Cowin, CFO
Allenby Capital Limited Tel: 020 3328 5656
(AQSE Corporate Adviser)
Nick Harriss / John Depasquale
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Alex Albertini
2 Reason for notification
a) Position / status NED
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name SulNOx Group plc
b) LEI 21380011EU95E93AQN91
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 2 pence each
Identification code
ISIN: GB00BJVQQP66
Nature of the transaction Grant of share options
c) Price(s) and volumes(s) Price(s) Volume(s)
52p 250,000
d) Aggregated information N/A
Aggregated volume
Price
e) Date of the transaction 12 November 2024
f) Place of the transaction N/A
d)
Aggregated information
Aggregated volume
Price
N/A
e)
Date of the transaction
12 November 2024
f)
Place of the transaction
N/A
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nicholas Fairfax
2 Reason for notification
a) Position / status NED
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name SulNOx Group plc
b) LEI 21380011EU95E93AQN91
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 2 pence each
Identification code
ISIN: GB00BJVQQP66
Nature of the transaction Grant of share options
c) Price(s) and volumes(s) Price(s) Volume(s)
52p 250,000
d) Aggregated information N/A
Aggregated volume
Price
e) Date of the transaction 12 November 2024
f) Place of the transaction N/A
d)
Aggregated information
Aggregated volume
Price
N/A
e)
Date of the transaction
12 November 2024
f)
Place of the transaction
N/A
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Radu Florescu
2 Reason for notification
a) Position / status Chairman
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name SulNOx Group plc
b) LEI 21380011EU95E93AQN91
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 2 pence each
Identification code
ISIN: GB00BJVQQP66
Nature of the transaction Grant of share options, subject to a market price of 50p at the time of
exercise
c) Price(s) and volumes(s) Price(s) Volume(s)
52p 250,000
d) Aggregated information N/A
Aggregated volume
Price
e) Date of the transaction 12 November 2024
f) Place of the transaction N/A
d)
Aggregated information
Aggregated volume
Price
N/A
e)
Date of the transaction
12 November 2024
f)
Place of the transaction
N/A
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