NIOX
Group plc
("NIOX" or the
"Company")
Director/PDMR Shareholding
Oxford, UK - 28 March
2024: NIOX
Group plc (AIM: NIOX) announce it has today granted share awards to
the Executive Directors over a total of 1,340,626 new ordinary shares in the
Company ("Ordinary Shares") in respect of their 2023 bonus. These
awards were made under the terms of the Deferred Share Bonus Plan
(the "Plan").
As per the Company's remuneration
policy, 25% of the shares awarded are issued immediately and
75% of the shares awarded are to be deferred for a
two-year period, other than for the sale of shares to satisfy any
tax liability created on grant. Whilst a total of 638,987 shares
have been sold by the Executive Directors to satisfy tax
liabilities, each Executive Director's holding has increased
following these awards.
The total awards granted today under
the Plan were as follows:
|
Total bonus shares
granted
|
Number of Ordinary Shares
issued immediately (25%)
|
Number of Ordinary Shares to
satisfy liability on grant1
|
Balance of Ordinary Shares to
be deferred2
|
Ian Johnson
|
482,813
|
120,703
|
217,266
|
144,844
|
Jonathan Emms
|
482,813
|
120,703
|
226,922
|
135,188
|
Michael Roller
|
375,000
|
93,750
|
176,250
|
105,000
|
|
1,340,626
|
335,156
|
620,438
|
385,032
|
Note:
1
Calculated on the basis of closing mid-market price on the
27th March 2024 of 64p
2
These 385,032 Ordinary Shares will be issued to the Executive
Directors on or around 28 March 2026. A further announcement will
be made at the relevant time.
As a result, the following shares
were today allotted to the Executive Directors:
|
Number of
Ordinary Shares allotted
|
Ian Johnson
|
337,969
|
Jonathan Emms
|
347,625
|
Michael Roller
|
270,000
|
|
955,594
|
The following shares were sold on
behalf of the Executive Directors:
|
Number of Ordinary Shares
sold1
|
Ian Johnson
|
223,784
|
Jonathan Emms
|
233,693
|
Michael Roller
|
181,510
|
|
638,987
|
Note:
1 Calculated on
the basis of sale price of 62.38p
In addition, the following shares
were allotted to the Executive Directors in respect of their
deferred balances due under the 2022 Plan:
|
Number of
Ordinary Shares allotted
|
Ian Johnson
|
91,039
|
Jonathan Emms
|
100,143
|
Michael Roller
|
77,781
|
|
268,963
|
The 1,224,557 new Ordinary Shares
issued in connection with these awards are subject to an existing
block admission for the respective Plans and rank pari passu with the existing ordinary
shares of the Company.
Resulting Interests
Following these transactions, Ian
Johnson holds 915,044 Ordinary Shares, Jonathan Emms holds 924,161
Ordinary Shares and Michael Roller holds 666,393 Ordinary Shares.
This equates to 0.22%, 0.22% and 0.16% of the issued share capital
of the Company respectively.
Voting rights
Following the above, the Company's
issued share capital now consists of 423,971,260 Ordinary Shares,
each carrying one voting right. Therefore, the total number of
voting rights in the Company is 423,971,260. 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 detail is provided below
in accordance with the requirements of UK MAR.
For
further information, please contact:
|
NIOX Group
plc
Ian Johnson,
Executive Chairman
Michael Roller, Chief Financial
Officer
Sarah Duncan, Company
Secretary
|
+44 (0) 3303 309 356
|
Singer Capital Markets
(Nominated Adviser and Joint Broker)
Aubrey Powell / Jen Boorer / James
Todd
|
+44 (0) 20 7496 3000
|
Investec Bank plc (Financial
Adviser and Joint Broker)
Edward Knight / Bruce Garrow / 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
3. Michael Roller
|
2.
|
Reason for the notification
|
a.
|
Position/status
|
1. Executive Chairman
2. Chief Operating Officer
3. Chief Financial 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
|
Issue of new Ordinary Shares under
the Deferred Share Bonus Plan
|
c.
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
1. 0.08p
2. 0.08p
3. 0.08p
|
1.
429,008
|
2.
447,768
|
3.
347,781
|
|
|
d.
|
Aggregated information
· Aggregated
volume
· Price
|
n/a
|
e.
|
Date of the transaction
|
28/03/2024
|
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
3. Michael
Roller
|
2.
|
Reason for the notification
|
a.
|
Position/status
|
1. Executive Chairman
2. Chief Operating Officer
3. Chief Financial 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 arising from bonus award.
|
c.
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
1. 62.38p
2. 62.38p
3. 62.38p
|
1. 223,784
2. 233,693
3. 181,510
|
|
d.
|
Aggregated information
· Aggregated
volume
· Price
|
n/a
|
e.
|
Date of the transaction
|
28/03/2024
|
f.
|
Place of the transaction
|
London Stock Exchange,
AIM
|