SulNOx Group PLC Grant of Options
November 07 2024 - 1:00AM
RNS Regulatory News
RNS Number : 3379L
SulNOx Group PLC
07 November 2024
THIS ANNOUNCEMENT CONTAINS
INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET
ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310
7 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 a consultant.
These options are granted under an unapproved share option
scheme. 500,000 options (the "Options") have been granted for
ordinary shares of 2 pence each in the capital of the Company
("Ordinary Shares") with a
10-year life.
The Options have been granted with
an exercise price of 52.0p, a premium to the average closing price
at which the Ordinary Shares traded for the last five days of 46.2
pence. These Options vest on 31 October 2025 (with a pro rata
adjustment should the consultant cease to be contracted to the
Company prior to that date).
- Ends -
For further information please
contact:
|
SulNOx Group plc
Steven
Cowin, CFO
|
Tel: 07624 491 821
|
|
|
|
|
Allenby Capital Limited
(AQSE Corporate Adviser)
Nick Harriss / John
Depasquale
|
Tel: 020 3328 5656
|
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END
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