NIOX GROUP PLC

Remuneration Information • Mar 28, 2024

National Storage Mechanism | Additional information

RNS Number : 7922I

Niox Group PLC

28 March 2024

NIOX Group plc

("NIOX" or the "Company")

Director/PDMR Shareholding

Oxford, UK - 28 March 2024:   NIOX Group plc (AIM: NIOX) announce it has today granted share awards to the Executive Directors over a total of 1,340,626 new ordinary shares in the Company ("Ordinary Shares") in respect of their 2023 bonus. These awards were made under the terms of the Deferred Share Bonus Plan (the "Plan").

As per the Company's remuneration policy, 25% of the shares awarded are issued immediately and 75% of the shares awarded are to be deferred for a two-year period, other than for the sale of shares to satisfy any tax liability created on grant. Whilst a total of 638,987 shares have been sold by the Executive Directors to satisfy tax liabilities, each Executive Director's holding has increased following these awards.

The total awards granted today under the Plan were as follows:

	Total bonus shares granted	Number of Ordinary Shares issued immediately (25%)	Number of Ordinary Shares to satisfy liability on grant1	Balance of Ordinary Shares to be deferred2
Ian Johnson	482,813	120,703	217,266	144,844
Jonathan Emms	482,813	120,703	226,922	135,188
Michael Roller	375,000	93,750	176,250	105,000
	1,340,626	335,156	620,438	385,032

Note:

1      Calculated on the basis of closing mid-market price on the 27th March 2024 of 64p

2      These 385,032 Ordinary Shares will be issued to the Executive Directors on or around 28 March 2026. A further announcement will be made at the relevant time.

As a result, the following shares were today allotted to the Executive Directors:

	Number of Ordinary Shares allotted
Ian Johnson	337,969
Jonathan Emms	347,625
Michael Roller	270,000
	955,594

The following shares were sold on behalf of the Executive Directors:

	Number of Ordinary Shares sold1
Ian Johnson	223,784
Jonathan Emms	233,693
Michael Roller	181,510
	638,987

Note:

1    Calculated on the basis of sale price of 62.38p

In addition, the following shares were allotted to the Executive Directors in respect of their deferred balances due under the 2022 Plan:

	Number of Ordinary Shares allotted
Ian Johnson	91,039
Jonathan Emms	100,143
Michael Roller	77,781
	268,963

The 1,224,557 new Ordinary Shares issued in connection with these awards are subject to an existing block admission for the respective Plans and rank pari passu with the existing ordinary shares of the Company.

Resulting Interests

Following these transactions, Ian Johnson holds 915,044 Ordinary Shares, Jonathan Emms holds 924,161 Ordinary Shares and Michael Roller holds 666,393 Ordinary Shares. This equates to 0.22%, 0.22% and 0.16% of the issued share capital of the Company respectively.

Voting rights

Following the above, the Company's issued share capital now consists of 423,971,260 Ordinary Shares, each carrying one voting right. Therefore, the total number of voting rights in the Company is 423,971,260. 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 I an Johnson, Executive Chairman Michael Roller, Chief Financial Officer Sarah Duncan, Company Secretary	+44 (0) 3303 309 356
Singer Capital Markets (Nominated Adviser and Joint Broker) Aubrey Powell / Jen Boorer / James Todd	+44 (0) 20 7496 3000
Investec Bank plc (Financial Adviser and Joint Broker) Edward Knight / Bruce Garrow / Lydia Zychowska	+44 (0) 20 7597 4000

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

Issue of new Ordinary Shares under the Deferred Share Bonus Plan

c.         

Price(s) and volume(s)

Price(s)

Volume(s)

1.   0.08p

2.   0.08p

3.   0.08p

1.      429,008
2.      447,768
3.      347,781

d.         

Aggregated information

·      Aggregated volume

·      Price

n/a

e.         

Date of the transaction

28/03/2024

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.   62.38p 2.   62.38p 3.   62.38p	1.   223,784 2.   233,693 3.   181,510

d.         

Aggregated information

·      Aggregated volume

·      Price

n/a

e.         

Date of the transaction

28/03/2024

f.         

Place of the transaction

London Stock Exchange, AIM

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