NIOX GROUP PLC

Director's Dealing • Mar 29, 2023

National Storage Mechanism | Additional information

RNS Number : 6010U

Niox Group PLC

29 March 2023

NIOX Group plc

Director/PDMR Shareholding

29 March 2023

NIOX Group plc (the "Company") (AIM: NIOX) announced that on 28 March 2023 share awards were made in respect of their 2022 bonuses to Ian Johnson, Jonathan Emms and Michael Roller (the "Executive Directors").  These awards were made under the terms of the Deferred Share Bonus Plan (the "Plan"), which requires 50% of the shares awarded to be deferred for a two year period.  The total awards made today under the Plan are as follows:

	Shares awarded
Ian Johnson	227,597
Jonathan Emms	227,597
Michael Roller	176,774
	631,968

These awards are being partially satisfied by way of a transfer of 48,693 ordinary shares of 0.08 pence each in the Company ("Ordinary Shares") from the Circassia Pharmaceuticals plc Employee Benefit Trust (the "Trust") to the Executive Directors, with the balance of 583,275 Ordinary Shares being satisfied by way of an issue of new Ordinary Shares.

.

The following table shows the numbers of Ordinary Shares being awarded to the Executive Directors on the same day by way of the transfers from the Trust at nil cost and the issue of new Ordinary Shares at a value of 0.08 pence per share:

Number of Ordinary Shares	Transferred from the Trust	New issuance
Ian Johnson	17,536	210,061
Jonathan Emms	17,536	210,061
Michael Roller	13,621	163,153
	48,693	583,275

Under the rules of the Plan, each Executive Director is permitted to sell sufficient number of Ordinary Shares as may be needed to satisfy their tax liability arising on the award of the bonus. As a result, a total of 621,868 Ordinary Shares were sold on the same day on behalf of the Executive Directors.

	Number of Ordinary Shares sold
Ian Johnson	217,777
Jonathan Emms	227,439
Michael Roller	176,652
	621,868

Following these transactions, Ian Johnson holds 709,820 Ordinary Shares (0.17% of the issued share capital of the Company), Jonathan Emms holds 710,086 Ordinary Shares (0.17% of the issued share capital of the Company) and Michael Roller holds 500,122 Ordinary Shares (0.12% of the issued share capital of the Company).

Under the current remuneration policy, 50% of the bonus shares awarded are deferred for two years. It is therefore expected that on or around 28 March 2025, a further 631,968 Ordinary Shares will be issued to the Executive Directors. A further announcement will be made at the relevant time.

The 583,275 new Ordinary Shares issued in connection with these awards are subject to an existing block admission and rank pari passu with the existing ordinary shares of the Company.

Following the above, the Company's issued share capital now consists of 420,160,864 Ordinary Shares, each carrying one voting right. Therefore, the total number of voting rights in the Company is 420,160,864. This number may be used by shareholders as the denominator for the calculations by which they will 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.

Additional detail is provided below in accordance with the requirements of UK MAR.

For further information, please contact:
NIOX Group plc Ian Johnson, Executive Chairman                                                                Michael Roller, Chief Financial Officer Sarah Duncan, Company Secretary	+44 (0) 1865 405560
Singer Capital Markets (Nominated Adviser and Broker) Aubrey Powell / Jen Boorer	+44 (0) 20 7496 3000

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.   Jonathan Emms

3.   Michael Roller

2.  

Reason for the notification

a.         

Position/status

1.   Executive Chairman

2.   Chief Operating Officer

3.   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

(i)         Transfers from the Trust of existing Ordinary Shares

(ii)         Issue of new Ordinary Shares

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
1.(i)       Nil 1.(ii)      0.08p 2.(i)       Nil 2.(ii)      0.08p 3.(i)       Nil 3.(ii)      0.08p	1.(i)     17,536 1.(ii)  210,061 2.(i)     17,536 2.(ii)  210,061 3.(i)     13,621 3.(ii)  163,153

d.         

Aggregated information

·      Aggregated volume

·      Price

Price(s)	Volume(s)
1.   0.074p      2.   0.074p      3.   0.074p	1.   227,597      2.   227,597      3.   176,774

e.         

Date of the transaction

28/03/2023

f.         

Place of the transaction

London Stock Exchange, AIM

1.  

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

1.   Ian Johnson

2.   Jonathan Emms

3.   Michael Roller

2.  

Reason for the notification

a.         

Position/status

1.   Executive Chairman

2.   Chief Operating Officer

3.   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

Sale of Ordinary Shares to satisfy tax liability arising from bonus award.

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
1.   44.0p      2.   44.0p      3.   44.0p	1.   217,777      2.   227,439      3.   176,652

d.         

Aggregated information

·      Aggregated volume

·      Price

Price(s)	Volume(s)
1.   44.0p       2.   44.0p      3.   44.0p	1.   217,777 2.   227,439 3.   176,652

e.         

Date of the transaction

28/03/2023

f.         

Place of the transaction

London Stock Exchange, AIM

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