Director/PDMR Shareholding

RNS Number : 2285H
i(x) Net Zero PLC
05 April 2022
 

i(x) Net Zero PLC

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

Director/PDMR Shareholding

 

i(x) Net Zero PLC (AIM: IX.), the investing company which focuses on Energy Transition and Sustainability in the Built Environment, was notified on 4 April 2022, that on the same day, Steve Oyer, Chief Executive Officer of the Company, purchased 885 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of 77 pence per Ordinary Share.

 

Following this transaction, Steve Oyer is interested in 1,777,177 Ordinary Shares, representing approximately 2.2 per cent. of the Company's issued share capital.

 

Further details are set out below, made in accordance with the requirements of the EU Market Abuse Regulation (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018.

 

1

Details of PDMR / person closely associated with them ("PCA")

(a)

Name

Steven Oyer

2

Reason for the notification

(a)

Position/status

Chief Executive Officer/PDMR

(b)

Initial notification/amendment

Initial Notification

3

Details of the Issuer

(a)

Name

i(x) Net Zero PLC

(b)

Legal Entity Identifier code

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

JE00BP4DVJ57

(c)

Nature of the transaction

Purchase of Ordinary Shares

(d)

Currency

GBP

(e)

Price(s) and volume(s)

Price(s)

Volume(s)

77 pence per share

885



[(f)

Aggregated information

 

n/a

(g)

Date of the transaction

04-04-2022

(h)

Place of the transaction

AIM LSE

 

 

- Ends -

 

 

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

i(x) Net Zero

Via Buchanan below

Steve Oyer - Chief Executive Officer


Pär Lindström - Chief Investment Officer


Marc Chennault - Chief Financial Officer




H & P Advisory Limited

Financial Adviser & Joint Broker

+44 20 7907 8500

Neil Passmore


Ernest Bell


Andy Crispin (Sales)




Shore Capital

Nominated Adviser & Joint Broker

+44 20 7408 4050

Tom Griffiths


David Coaten

Iain Sexton




Buchanan


Helen Tarbet

+44 7872 604 453

Simon Compton

+44 7979 497 324

Ariadna Peretz

+44 7488 495 969

 

About i(x) Net Zero

 

i(x) Net Zero PLC is an investing company that provide 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 provisional signatory to the UN Principles for Responsible Investing. The Company has received the London Stock Exchange's Green Economy Mark.

 

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