4 September 2017
Idox plc
("Idox", "the Company" or the "Group")
Directors' Dealing, Exercise of Options and TVR
Idox plc (AIM: IDOX), a leading supplier of specialist information management solutions and services, announces that, 3,758,049 ordinary shares of 1 pence each in the Company ("Ordinary Shares") were allotted on 1 September 2017 following an exercise of options by three directors.
Andrew Riley, Chief Executive Officer, has exercised options over 2,172,927 Ordinary Shares, subsequent to which, he sold 1,322,927 Ordinary Shares to satisfy the tax liability arising from the option exercise.
Jane Mackie, Chief Financial Officer, has exercised options over 1,285,122 Ordinary Shares, subsequent to which, she sold 855,122 Ordinary Shares to satisfy the tax liability arising from the option exercise.
Richard Kellett-Clarke, a Non-Executive Director, has exercised options over 300,000 Ordinary Shares, subsequent to which, he sold 300,000 Ordinary Shares.
Application will be made to the London Stock Exchange for the 3,758,049 new Ordinary Shares, which will rank pari passu with the existing shares in issue, to be admitted to trading on AIM and admission is expected to become effective on or around 7 September 2017.
Following the issue of the new Ordinary Shares, the Company's total issued share capital is 414,389,265 Ordinary Shares. The Company holds 1,491,219 Ordinary Shares in treasury. Therefore the total number of Ordinary Shares in issue excluding shares held in treasury is 412,898,046. The above figure of 412,898,046 Ordinary Shares 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
For further information please contact:
Idox plc |
+44 (0) 870 333 7101 |
Andrew Riley, Chief Executive Officer |
|
Jane Mackie, Chief Financial Officer |
|
|
|
N+1 Singer (Nominated Adviser and Broker) |
+44 (0) 20 7496 3000 |
Shaun Dobson |
|
Liz Yong |
|
|
|
MHP Communications |
+44 (0) 20 3128 8100 |
Reg Hoare/Andrew Leach/Charlie Barker |
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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 |
Andrew Riley |
2 |
Reason for the notification |
a) |
Position/status |
Chief Executive Officer |
b) |
Initial notification /Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
Idox plc |
b) |
LEI |
213800Z3FE6PWVSUGE70 |
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 1 pence each ("Ordinary Shares") GB0002998192 |
b) |
Nature of the transaction |
(i) Exercise of Options (ii) Exercise of Options (iii) Exercise of Options (iv) Exercise of Options (v) Sale of Ordinary Shares by a PDMR |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
(i) 10.25 pence (ii) 20.00 pence (iii) 35.00 pence (iv) 38.38 pence (v) 60.00 pence |
(i) 682,927 (ii) 1,000,000 (iii) 250,000 (iv) 240,000 (v) 1,322,927 |
|
d) |
Aggregated information - Aggregated volume - Price |
n/a |
e) |
Date of the transaction |
(i) 1 September 2017 (ii) 1 September 2017 (iii) 1 September 2017 (iv) 1 September 2017 (v) 1 September 2017 |
f) |
Place of the transaction |
(i) Outside of trading venue (ii) Outside of trading venue (iii) Outside of trading venue (iv) Outside of trading venue (v) London Stock Exchange (XLON) |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Jane Mackie |
2 |
Reason for the notification |
a) |
Position/status |
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 |
Idox plc |
b) |
LEI |
213800Z3FE6PWVSUGE70 |
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 1 pence each ("Ordinary Shares") GB0002998192 |
b) |
Nature of the transaction |
(i) Exercise of Options (ii) Sale of Ordinary Shares by a PDMR |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
(i) 10.25 pence (ii) 18.00 pence (iii) 39.12 pence (iv) 38.38 pence (v) 60.00 pence |
(i) 195,122 (ii) 500,000 (iii) 500,000 (iv) 90,000 (v) 855,122 |
|
d) |
Aggregated information - Aggregated volume - Price |
n/a |
e) |
Date of the transaction |
(i) 1 September 2017 (ii) 1 September 2017 (iii) 1 September 2017 (iv) 1 September 2017 (v) 1 September 2017 |
f) |
Place of the transaction |
(i) Outside of trading venue (ii) Outside of trading venue (iii) Outside of trading venue (iv) Outside of trading venue (v) London Stock Exchange (XLON) |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Richard Kellett-Clarke |
2 |
Reason for the notification |
a) |
Position/status |
Non-executive Director |
b) |
Initial notification /Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
Idox plc |
b) |
LEI |
213800Z3FE6PWVSUGE70 |
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 1 pence each ("Ordinary Shares") GB0002998192 |
b) |
Nature of the transaction |
(i) Exercise of Options (ii) Sale of Ordinary Shares by a PDMR |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
(i) 44.00 pence (ii) 60.00 pence |
(i) 300,000 (ii) 300,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
n/a |
e) |
Date of the transaction |
(i) 1 September 2017 (ii) 1 September 2017 |
f) |
Place of the transaction |
(i) Outside of trading venue (ii) London Stock Exchange (XLON) |
