Grant of SAYE options

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 Ian Johnson, Executive Chairman Michael Roller, Chief Financial Officer Sarah Duncan, Company Secretary	[phone]
Singer Capital Markets (Nominated Adviser and Joint Broker) Aubrey Powell / Jen Boorer / James Todd	[phone]
Investec Bank plc (Financial Adviser and Joint Broker) Edward Knight / Bruce Garrow / Lydia Zychowska	[phone]

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 /Amendment	Initial notification
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 Financial instrument, type of instrument Identification code	Ordinary Shares of 0.08p each 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 2.    51.31p 1.   36,152 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

 

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