t
| Date | 29 Apr 2024 |
| Time | 17:00:01 |
| Category | Director/PDMR dealings |
| ID | 4554M |
NIOX Group plc
("NIOX" or the "Company")
Grant of SAYE options
Oxford, UK - 29 April 2024: NIOX Group plc (AIM: NIOX) announces that it has today launched its 2024 Save As You Earn Scheme (the "2024 SAYE Scheme") for all eligible UK employees, offering a savings plan over three years.
Employees were invited to subscribe for a grant of options ("Options") over the Company's Ordinary Shares ("Ordinary Shares") at an exercise price of 51.31 pence per share in accordance with the terms of the 2024 SAYE Scheme. This represents a discount of 20% from the average mid-market closing price for an Ordinary Share on the three business days from 28 March 2024 to 3 April 2024 prior to the invitation made to all eligible employees.
A total of 133,762 Options have been granted under the 2024 SAYE scheme, representing 0.03% of the Company's current issued share capital. 72,304 of these Options were granted to Persons Discharging Managerial Responsibility ("PDMRs") as outlined below:
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Number of Options |
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Ian Johnson |
36,152 |
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Michael Roller |
36,152 |
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|
72,304 |
Additional disclosures in relation to PDMR dealing are included at the end of this announcement.
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For further information, please contact: |
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NIOX Group plc Ian Johnson, Executive Chairman Michael Roller, Chief Financial Officer Sarah Duncan, Company Secretary
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+44 (0) 3303 309 356
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Singer Capital Markets (Nominated Adviser and Joint Broker) Aubrey Powell / Jen Boorer / James Todd
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+44 (0) 20 7496 3000 |
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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
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a. |
Name |
1. Ian Johnson 2. Michael Roller |
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2. |
Reason for the notification |
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a. |
Position/status |
1. Executive Chairman 2. Chief Financial Officer |
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b. |
Initial notification /Amendment
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Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
NIOX Group plc |
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b. |
LEI |
2138006YAT138TOGA556 |
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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 |
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a. |
Description of the Financial instrument, type of instrument Identification code |
Ordinary Shares of 0.08p each
GB00BJVD3B28 |
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b. |
Nature of the transaction |
Grant of share options under the 2024 SAYE Scheme over Ordinary Shares in NIOX Group plc
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information · Aggregated volume · Price
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n/a
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e. |
Date of the transaction |
29 April 2024 |
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f. |
Place of the transaction |
Outside a trading venue
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