
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310
7 February 2022
SulNOx Group Plc (the "Company" or "SulNOx")
Granting of Share Options
(Aquis Stock Exchange: SNOX)
SulNOx, the hydrocarbon fuel emulsification specialist, has today granted share options to a number of directors, employees and consultants. Part of these options grants are under an Enterprise Management Incentive scheme and part under an unapproved share option scheme. The options are being granted with exercise prices at a premium to the previous closing mid-market price of
Options over 2,649,999 Ordinary Shares have been granted with an exercise price of
- Ends -
For further information please contact:
SulNOx Group plc
|
steven.cowin@sulnoxgroup.com |
|
|
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 |
Ben Richardson
|
||||
2 |
Reason for 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 |
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
ISIN: GB00BJVQQP66
|
||||
|
Nature of the transaction |
Grant of share options
|
||||
c) |
Price(s) and volumes(s) |
|
||||
d) |
Aggregated information Aggregated volume Price |
916,667 36p (250,000 can only be exercised if the Ordinary Shares are priced above 40p) |
||||
e) |
Date of the transaction |
4 February 2022 |
||||
f) |
Place of the transaction |
N/A |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
a) |
Name |
Steven Cowin
|
||||
2 |
Reason for notification |
|||||
a) |
Position / status |
CFO |
||||
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
ISIN: GB00BJVQQP66
|
||||
|
Nature of the transaction |
Grant of share options
|
||||
c) |
Price(s) and volumes(s) |
|
||||
d) |
Aggregated information Aggregated volume Price |
500,000 36p (250,000 can only be exercised if the Ordinary Shares are priced above 40p) |
||||
e) |
Date of the transaction |
4 February 2022 |
||||
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
ISIN: GB00BJVQQP66
|
||||
|
Nature of the transaction |
Grant of share options
|
||||
c) |
Price(s) and volumes(s) |
|
||||
d) |
Aggregated information Aggregated volume Price |
166,666 36p (83,333 can only be exercised if the Ordinary Shares are priced above 40p) |
||||
e) |
Date of the transaction |
4 February 2022 |
||||
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
ISIN: GB00BJVQQP66
|
||||
|
Nature of the transaction |
Grant of Share Options
|
||||
c) |
Price(s) and volumes(s) |
|
||||
d) |
Aggregated information Aggregated volume Price |
250,000 36p (83,333 can only be exercised if the Ordinary Shares are priced above 40p) |
||||
e) |
Date of the transaction |
4 February 2022 |
||||
f) |
Place of the transaction |
N/A |
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