SulNOx Group PLC - Grant of Share Options
Announcement provided by
SulNOx Group Plc · SNOX17/01/2024 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310
17 January 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 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. A total of 2,666,667 options (the "Options") have been granted for ordinary shares of
2,166,667 of the Options have been granted with an exercise price of 36.0p, a small premium to the average price at which the Ordinary Shares traded yesterday of
The remaining 500,000 of the Options have been granted with an exercise price of
- Ends -
For further information please contact:
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SulNOx Group plc
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Tel: 07624 491 821 |
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Allenby Capital Limited (AQSE Corporate Adviser) Nick Harriss / John Depasquale |
Tel: 020 3328 5656 |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Nicholas Fairfax
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2 |
Reason for notification |
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a) |
Position / status |
NED |
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b) |
Initial notification/Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
SulNOx Group plc |
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b) |
LEI |
21380011EU95E93AQN91 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of
ISIN: GB00BJVQQP66
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Nature of the transaction |
Grant of share options, subject to a market price of 50p at the time of exercise
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c) |
Price(s) and volumes(s) |
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d) |
Aggregated information Aggregated volume Price |
N/A |
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e) |
Date of the transaction |
16 January 2024 |
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f) |
Place of the transaction |
N/A |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Radu Florescu
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2 |
Reason for notification |
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a) |
Position / status |
Chairman |
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b) |
Initial notification/Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
SulNOx Group plc |
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b) |
LEI |
21380011EU95E93AQN91 |
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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 |
|||||
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of
ISIN: GB00BJVQQP66
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Nature of the transaction |
Grant of share options, subject to a market price of 50p at the time of exercise
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c) |
Price(s) and volumes(s) |
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d) |
Aggregated information Aggregated volume Price |
N/A |
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e) |
Date of the transaction |
16 January 2024 |
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f) |
Place of the transaction |
N/A |
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