PDMR Notification

i(x) Net Zero PLC

25 April 2023

 

25 April 2023

i(x) Net Zero PLC

("i(x) Net Zero" or the "Company")

PDMR Notification

Further to the announcement on 21 April 2023, details of the IPO Options that have been surrendered by management as part of the revised incentivisation package are set out in the PDMR forms below. This notification is made in accordance with the Market Abuse Regulation (EU) No. 596/2014, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

1	Details of the person discharging managerial responsibilities
a)	Name	Par Lindstrom
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	i(x) Net Zero PLC
b)	LEI	213800YUAD1FCXH29638
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	Ordinary Shares of no par value
b)	Identification code of the Financial Instrument	JE00BP4DVJ57
c)	Nature of the transaction	Surrender of Share Options
d)	Price(s) and volume(s)	Price(s) Volume(s) n/a 1,375,589
e)	Aggregated information:  volume, Price	N/a
f)	Date of the transaction	21 April 2023
g)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities
a)	Name	Dmitri Tsvetkov
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	i(x) Net Zero PLC
b)	LEI	213800YUAD1FCXH29638
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	Ordinary Shares of no par value
b)	Identification code of the Financial Instrument	JE00BP4DVJ57
c)	Nature of the transaction	Surrender of Share Options
d)	Price(s) and volume(s)	Price(s) Volume(s) N/a 790,568
e)	Aggregated information:  volume, Price	N/a
f)	Date of the transaction	21 April 2023
g)	Place of the transaction	Outside of a trading venue

- Ends -

For further information visit https://ixnetzero.com/ or contact:

i(x) Net Zero	Via Buchanan below
Pär Lindström - Chief Executive Officer
Jonathan Stearns - Chief Financial Officer
Canaccord Genuity Limited Nominated Adviser & Broker	[phone]
Max Hartley
Harry Pardoe
Buchanan
Helen Tarbet	[phone]
Simon Compton	[phone]
Abby Gilchrist	[phone]

Notes to Editors

About i(x) Net Zero PLC

i(x) Net Zero PLC is an AIM quoted investing company that provides its shareholders the opportunity to create long-term capital growth with positive, scalable, measurable and sustainable impact on the environment and on the communities it serves.

In accordance with its belief that the world's biggest problems are also the biggest market opportunities, i(x) Net Zero focuses on two critical areas in which it aims to make a positive impact: (i) Energy Transition and (ii) Sustainability in the Built Environment. The Company uses a multi-strategy investment approach, providing the companies in which it invests with the expertise and catalytic capital to help them grow. To date, i(x) Net Zero has invested in biofuels, direct air capture (carbon removal), renewable energy, sustainable workforce housing and net zero construction technology.

i(x) Net Zero is a signatory to the UN Principles for Responsible Investing. The Company has received the London Stock Exchange's Green Economy Mark.

 

END