Share Issue/Capital Change • Nov 13, 2024
Share Issue/Capital Change
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RNS Number : 9697L
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: 07624 491 821 |
| Allenby Capital Limited (AQSE Corporate Adviser) Nick Harriss / John Depasquale |
Tel: 020 3328 5656 |
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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