RNS Number : 7715I
Niox Group PLC
28 March 2024
 

NIOX Group plc

("NIOX" or the "Company")

Grant of options

Oxford, UK - 28 March 2024: NIOX Group plc (AIM: NIOX) announces that it has today granted options to the Executive Directors (the "Options") over a total of 1,785,938 new ordinary shares in the Company ("Ordinary Shares") under the 2024 Performance Share Plan (the "Plan").

The Options are exercisable at nominal value over the same number of Ordinary Shares and will vest on the third anniversary of the date of grant (the "Vesting Date"). The Options then remain exercisable until the tenth anniversary of the date of grant subject to the rules of the Plan. Vesting is subject to share price performance and the achievement of certain strategic objectives.

The Options awarded to each Executive Director are shown below:

 

Number of Options

Ian Johnson

724,219

Jonathan Emms

724,219

Michael Roller

337,500


1,785,938

 

Additional disclosure in relation to PDMR dealing is included at the end of this announcement.

 

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

Grant of share options under the 2024 Performance Share Plan over Ordinary Shares in NIOX Group plc

 

c.         

Price(s) and volume(s)

1.  

Exercise Price(s)

 

Volume(s)

1.   0.08p

2.   0.08p

3.    0.08p

1.   724,219

2.   724,219

3.   337,500


d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

 

n/a

 

e.         

Date of the transaction

28 March 2024

f.         

Place of the transaction

Outside a trading venue

 

 

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