IDOX PLC

Director's Dealing • Mar 12, 2019

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RNS Number : 6453S

IDOX PLC

12 March 2019

Idox plc

("Idox" or "the Group")

Director Dealings and Option Awards

Idox plc (AIM: IDOX), a leading supplier of specialist information management solutions and services, is pleased to announce the following award of Long Term Incentive awards and share purchases.

On 11 March 2019 Chris Stone, Non-Executive Chairman, purchased 585,500 ordinary shares of 1 pence each (Ordinary Shares) at a price of 34 pence per Ordinary Share through his family investment company Pet Lamb Holdings Limited. Following this transaction Chris Stone, through Pet Lamb Holdings, has a beneficial interest in 585,500 Ordinary Shares, representing 0.14 per cent of the Company's issued share capital.

In addition, on 11 March 2019 David Meaden, Chief Executive Officer, purchased 292,700 Ordinary  Shares at a price of 34 pence per Ordinary Share. Following this transaction David Meaden has a beneficial interest in 292,700 Ordinary Shares, representing 0.07 per cent of the Company's issued share capital.

In line with the Company's Matching Share Award Plan ("Matching Plan") which matches shares purchased on a one for one basis by the Company, further to the share purchase by Chris Stone, the Company has granted nominal value options over 585,500 Ordinary Shares to Chris Stone.

Pursuant to the Company's Long Term Incentive Plan ('LTIP') the Company also granted nil-cost options over a total of 3,512,400 Ordinary Shares to David Meaden. The share awards under the LTIP and Matching Plan will ordinarily vest in three years' time subject to the grantee's continued service and are exercisable for 7 years thereafter with the latest exercise date being 11 March 2029.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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

Chris Stone

2

Reason for the 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

Idox plc

b)

LEI

213800Z3FE6PWVSUGE70

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 1 pence each ("Ordinary Shares")

GB0002998192

b)

Nature of the transaction

(i) Purchase of Ordinary Shares by Pet Lamb Holdings; Chris Stone's family investment company

c)

Price(s) and volume(s)

Price(s)	Volume(s)
34 pence	585,500

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

11 March 2019 

f)

Place of the transaction

London Stock Exchange (AIM)

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Chris Stone

2

Reason for the 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

Idox plc

b)

LEI

213800Z3FE6PWVSUGE70

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 1 pence each ("Ordinary Shares")

GB0002998192

b)

Nature of the transaction

(i) Grant of Share Options

c)

Price(s) and volume(s)

Price(s) (Exercise price)	Volume(s)
1 pence	585,500

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

12 March 2019 

f)

Place of the transaction

London Stock Exchange (AIM)

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Meaden

2

Reason for the notification

a)

Position/status

CEO

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Idox plc

b)

LEI

213800Z3FE6PWVSUGE70

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 1 pence each ("Ordinary Shares")

GB0002998192

b)

Nature of the transaction

(i) Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
34 pence	292,700

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

11 March 2019 

f)

Place of the transaction

London Stock Exchange (AIM)

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Meaden

2

Reason for the notification

a)

Position/status

CEO

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Idox plc

b)

LEI

213800Z3FE6PWVSUGE70

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 1 pence each ("Ordinary Shares")

GB0002998192

b)

Nature of the transaction

(i) Grant of Share Options

c)

Price(s) and volume(s)

Price(s) (Exercise price)	Volume(s)
Nil	3,512,400

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

12 March 2019 

f)

Place of the transaction

London Stock Exchange (AIM)

Enquiries:

Idox plc                                                                                                           +44 (0) 870 333 7101

Chris Stone, Non-Executive Chairman

David Meaden , Chief Executive

Rob Grubb, Chief Financial Officer

N+1 Singer (NOMAD and Broker)                                                                 +44 (0) 20 7496 3000

Shaun Dobson / Jen Boorer

Tom Salvesen (Corporate Broking)

About Idox plc

For more information see www.idoxplc.com @Idoxgroup

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