Director/PDMR Shareholding

RNS Number : 5267O

Nexus Infrastructure PLC

10 June 2022

 

10^th June 2022

Nexus Infrastructure plc

("Nexus" or the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities (PDMRs)

Nexus announces the exercising on 8th June 2022 of the following award granted under the Nexus Infrastructure plc Long Term Incentive Plan (LTIP) by a PDMR.  The award, in the form of conditional nil-cost options over ordinary shares of £0.02 each in the Company ("Ordinary Shares"), was granted on 1^st April 2019. 

The following PDMR received Ordinary Shares under the 2019 LTIP:

Recipient	Job Title	Number of Ordinary Shares*	Number of Ordinary Shares subsequently sold**
Alan Martin	Chief Financial Officer	75,000	37,500

* No consideration was payable to receive these Ordinary Shares under the 2019 LTIP.

** Disposal of Ordinary Shares took place on 10^th June 2022 on the London Stock Exchange at a price of 178 pence to satisfy the tax liabilities arising from the exercise of the 2019 LTIP awards. 

Total voting rights

An application has been made to the London Stock Exchange for admission of 75,000 new Ordinary Shares to trading on AIM on 16^th June 2022 ("Admission") in relation to the 2019 LTIP. Following Admission, the total number of Ordinary Shares in issue in the Company will be 45,556,904. Nexus does not hold any shares in treasury, and, therefore, following Admission, the total number of voting shares in Nexus in issue will be 45,556,904. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

This notification is made in accordance with the requirements of the Market Abuse Regulation.

Dawn Hillman

Company Secretary

Nexus Infrastructure plc  Tel : [phone]

1)	Details of the person discharging managerial responsibility
a)	Name	Alan Martin
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	Nexus Infrastructure plc
b)	LEI	213800PUGVLUONLG9Y20
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
	Transaction 1
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of £0.02 each. ISIN GB00BZ77SW60
b)	Nature of the transaction	Exercise of Options over Ordinary Shares under the Nexus Infrastructure plc Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 75,000
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	8th June 2022
f)	Place of the transaction	Outside of Trading Venue
	Transaction 2
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of £0.02 each. ISIN GB00BZ77SW60
b)	Nature of the transaction	Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the Nexus Infrastructure plc Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.78 37,500
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	10th June 2022
f)	Place of the transaction	London Stock Exchange, AIM

 

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