SulNOx Group PLC Grant of Share Options
November 13 2024 - 1:00AM
RNS Regulatory News
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
Steven
Cowin, CFO
|
Tel: 07624 491 821
|
|
|
|
|
Allenby Capital Limited
(AQSE Corporate Adviser)
Nick Harriss / John
Depasquale
|
Tel: 020 3328 5656
|
|
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
Identification code
|
Ordinary Shares of 2 pence
each
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
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
Identification code
|
Ordinary Shares of 2 pence
each
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
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
Identification code
|
Ordinary Shares of 2 pence
each
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
Aggregated volume
Price
|
N/A
|
|
e)
|
Date of the transaction
|
12 November 2024
|
|
f)
|
Place of the transaction
|
N/A
|
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