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Sulnox Group PLC

Share Issue/Capital Change Nov 13, 2024

10293_rns_2024-11-13_9b5b8e91-b79e-4477-b296-68d99daeecc3.html

Share Issue/Capital Change

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National Storage Mechanism | Additional information

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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