REG - Niox Group PLC - Grant of SAYE options

NioxAnnouncement

29/04/2024 17:00

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RNS Number : 4554M  Niox Group PLC  29 April 2024

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:

                 Number of Options
 Ian Johnson     36,152
 Michael Roller  36,152
                 72,304

 

Additional disclosures in relation to PDMR dealing are included at the end of
this announcement.

 

 For further information, please contact:

 NIOX Group plc                                               +44 (0) 3303 309 356

 Ian Johnson, Executive Chairman

 Michael Roller, Chief Financial Officer

 Sarah Duncan, Company Secretary

 Singer Capital Markets (Nominated Adviser and Joint Broker)  +44 (0) 20 7496 3000

 Aubrey Powell / Jen Boorer / James Todd

 Investec Bank plc (Financial Adviser and Joint Broker)       +44 (0) 20 7597 4000

 Edward Knight / Bruce Garrow / Lydia Zychowska

 

 

 

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.   Michael Roller
 2.                    Reason for the notification
 a.                    Position/status                            1.   Executive Chairman

                                                                  2.   Chief Financial Officer
 b.                    Initial notification                       Initial notification

                       /Amendment

 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                         Ordinary Shares of 0.08p each

                       Financial instrument, type of instrument

                       Identification code

                                                                  GB00BJVD3B28
 b.                    Nature of the transaction                  Grant of share options under the 2024 SAYE Scheme over Ordinary Shares in NIOX
                                                                  Group plc

 c.                    Price(s) and volume(s)                     Exercise Price(s)  Volume(s)

                                                                  1.   51.31p        1.   36,152

                                                                  2.    51.31p       2.   36,152
 d.                    Aggregated information

                       ·      Aggregated volume

                       ·      Price                               n/a

 e.                    Date of the transaction                    29 April 2024
 f.                    Place of the transaction                   Outside a trading venue

d.

Aggregated information

·      Aggregated volume

·      Price

 

 

 

n/a

 

e.

Date of the transaction

29 April 2024

f.

Place of the transaction

Outside a trading venue

 

 

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