Director/PDMR Shareholding

RNS Number : 4201E

Iofina PLC

11 March 2022

 

Iofina plc

("Iofina" or the "Company")

Director/PDMR Dealing

Iofina plc (AIM: IOF) announces that it received notification on 10 March 2022 that Lance J Baller, Non-Executive Chairman of the Company, purchased 50,000 ordinary shares in the capital of the Company at a price of 17.50 pence per share. Further details are set out in the Notification of Dealing Form below.

Following the purchase, Mr. Baller holds 5,325,000 ordinary shares, representing approximately 2.775 per cent. of the Company's issued share capital. The shares purchased represent 0.025 per cent. of the Company's issued share capital.

Director/PDMR	Ordinary shares purchased	Resultant interest in ordinary shares	Resultant percentage of issued ordinary shares
Non-Executive Chairman	50,000	5,325,000	2.775%

This announcement contains inside information for the purposes of Article 11 of the Market Abuse (amendment) (EU exit) Regulations (SI 2019/310).

Enquiries:

Dr. Tom Becker

CEO & President

Iofina plc

Tel: [phone]

Christopher Raggett/Tim Harper (Corporate Finance)

Tim Redfern/Barney Hayward (ECM)

finnCap Ltd

Tel: [phone]

Media Contact:

Charles Goodwin/Annabel Atkins

Yellow Jersey PR Limited

Tel: [phone]

About Iofina:

Iofina plc (AIM: IOF) is a vertically integrated Company that specialises in the production of Iodine and the manufacturing of specialty chemical products. Iofina is the second largest producer of iodine in North America and operates the manufacturing entities Iofina Resources and Iofina Chemical.

LEI: 213800QDMFYVRJYYTQ84

ISIN: GB00B2QL5C79

Iofina Resources

Iofina Resources develops, builds, owns and operates iodine extraction plants using Iofina's WET® IOsorb® technology. Iofina currently operates five producing IOsorb® plants in Oklahoma and is consistently using technology and innovation to improve and expand its operations.

Iofina Chemical

Iofina Chemical has manufactured high quality halogen speciality chemicals derived from raw iodine, as well as non-iodine based products for over 37 years.

www.iofina.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the persons discharging managerial responsibilities / person closely associated
a)	Name	Lance J Baller
2	Reason for the notification
a)	Position/Status	Non-Executive Chairman
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Iofina plc
b)	LEI	213800QDMFYVRJYYTQ84
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 £0.01 each GB00B2QL5C79
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 17.50p 50,000
d)	Aggregated information -  Aggregated volume -  Price	50,000 17.50p
e)	Date of transaction	10 March 2022
f)	Place of transaction	London Stock Exchange,  AIM Market (XLON)

 

END

 

 

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