Grant of Share Options

SulNOx Group PLC

13 November 2024

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310

13 November 2024

SulNOx Group Plc (the "Company" or "SulNOx")

Granting of Share Options

(Aquis Stock Exchange: SNOX)

The board of directors of the Company (the "Board") announces that it yesterday granted share options to certain directors and employees. A total of 1,420,000 options (the "Options") have been granted for ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares"), all with a 10-year life.  The Options have been granted under an unapproved share option scheme and within existing share allotment authorities. 

The Options have been granted with an exercise price of 52.0p, a small premium to the average closing price at which the Ordinary Shares traded for the last five days of 49.0 pence. 

- Ends -

For further information please contact:

SulNOx Group plc Steven Cowin, CFO	Tel: [phone]
Allenby Capital Limited (AQSE Corporate Adviser) Nick Harriss / John Depasquale	Tel: [phone]

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alex Albertini
2	Reason for notification
a)	Position / status	NED
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SulNOx Group plc
b)	LEI	21380011EU95E93AQN91
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 2 pence each ISIN: GB00BJVQQP66
	Nature of the transaction	Grant of share options
c)	Price(s) and volumes(s)	Price(s) Volume(s) 52p 250,000
d)	Aggregated information Aggregated volume Price	N/A
e)	Date of the transaction	12 November 2024
f)	Place of the transaction	N/A

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Fairfax
2	Reason for notification
a)	Position / status	NED
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SulNOx Group plc
b)	LEI	21380011EU95E93AQN91
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 2 pence each ISIN: GB00BJVQQP66
	Nature of the transaction	Grant of share options
c)	Price(s) and volumes(s)	Price(s) Volume(s) 52p 250,000
d)	Aggregated information Aggregated volume Price	N/A
e)	Date of the transaction	12 November 2024
f)	Place of the transaction	N/A

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Radu Florescu
2	Reason for notification
a)	Position / status	Chairman
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SulNOx Group plc
b)	LEI	21380011EU95E93AQN91
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 2 pence each ISIN: GB00BJVQQP66
	Nature of the transaction	Grant of share options, subject to a market price of 50p at the time of exercise
c)	Price(s) and volumes(s)	Price(s) Volume(s) 52p 250,000
d)	Aggregated information Aggregated volume Price	N/A
e)	Date of the transaction	12 November 2024
f)	Place of the transaction	N/A

 

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