TIDMNEXS

RNS Number : 3213D

Nexus Infrastructure PLC

08 October 2018

8 October 2018

Nexus Infrastructure plc

("Nexus" or the "Company")

Award of Options to Directors/PDMRs

Nexus announces that today, under the Nexus Infrastructure plc Long Term Incentive Plan (the "Plan"), the following share options over ordinary shares of 2p each in the Company have been awarded to a PDMR ("Options").

 
 Recipient        Job Title             Number of Options awarded 
                  Managing Director 
 Robert Kendal     Tamdown Group Ltd    95,000 
                 --------------------  --------------------------

No consideration was paid for the grant of these Options which will vest on 4 October 2021 subject to the achievement of various performance conditions including average annual compound earnings per share growth and total shareholder return relative to a comparator group.

This notification is made in accordance with the requirements of DTR 3.1 and Article 19 of The EU Market Abuse Regulation.

 
 1)   Details of the person discharging managerial responsibility 
 a)   Name                         Robert Kendal 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              Managing Director Tamdown Group Ltd 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Nexus Infrastructure plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          213800PUGVLUONLG9Y20 
     ---------------------------  -------------------------------------- 
 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               Ordinary shares of GBP0.02 each. ISIN 
       the financial instrument,    GB00BZ77SW60 
       type of instrument 
       Identification 
       code 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Grant of Options over Ordinary Shares 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     Nil         95,000 
                                                ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information       Not applicable - single transaction 
       - Aggregated volume 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      4(th) October 2018 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London Stock Exchange, AIM 
     ---------------------------  --------------------------------------

Dawn Hillman

Company Secretary

   Nexus Infrastructure plc                                               Tel : 01376 320856

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END

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