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SulNOx Group PLC - Grant of Share Options


Announcement provided by

SulNOx Group Plc · SNOX

13/11/2024 07:00

SulNOx Group PLC - Grant of Share Options
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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