NIOX Group
plc
(the
"Company")
Director/PDMR Shareholding,
Related Party Transaction Update
& Total Voting
Rights
Oxford, UK - 25 October 2024: NIOX Group plc (AIM: NIOX) announces that, Ian Johnson
(Executive Chairman), Michael Roller (Chief Financial Officer),
Jonathan Emms (Chief Operating Officer), Garry Watts (Non-Executive
Director) and Nicholas Mills (Non-Executive Director), (together,
the "Directors") notified
the Company of their participation in the Company's Tender Offer
announced on 24 September 2024.
The resulting interests of each
Director are detailed below:
Director/PDMR Shareholding
|
Director/ PDMR
|
Number of Ordinary Shares
held immediately prior to launch of the Tender
Offer
|
Net number of Ordinary Shares
sold
|
Number of Ordinary Shares
held in NIOX Group plc as at the date of this
announcement
|
Percentage of voting
rights
|
|
Ian Roy Johnson
|
996,825
|
62,314
|
934,511
|
0.23%
|
|
Michael Roy David Roller
|
748,174
|
46,316
|
701,858
|
0.18%
|
|
Jonathan Charles Emms
|
1,005,699
|
62,353
|
943,346
|
0.24%
|
|
Garry Watts
|
477,340
|
30,162
|
447,178
|
0.11%
|
|
Nicholas Harwood Bertram
Mills
|
130,000
|
8,046
|
121,954
|
0.03%
|
Each of the Directors elected to
participate in the Tender Offer in respect of their Basic
Entitlements only, however there was an administrative error in
calculating the number of shares which were validly tendered by
Nicholas Mills. To correct this error, Nicholas Mills purchased
56,933 newly issued Ordinary Shares in the Company (satisfied by an
existing block listing) at the Tender Price of 80 pence per share.
Further, due to group nominee holdings, the Tender Offer allocation
to Ian Johnson and Garry Watts did not fully reflect the Basic
Entitlement election and as such a transfer has been made between
the individuals at the Tender Price of 80 pence per share to better
reflect the expected resultant holdings.
Additional detail is provided below
in accordance with UK MAR.
Related Party Transaction Update
On 17 October 2024, the Company
announced that each of Harwood Capital, AstraZeneca plc and Richard
Griffiths, Substantial Shareholders in the Company, had tendered at
least their Basic Entitlements in the Tender Offer and that this
was deemed to constitute related party transactions under AIM Rule
13. The Company has now been notified of their participation in the
Tender Offer in the following amounts:
|
Shareholder
|
Number of Ordinary Shares held before Tender
Offer
|
Ordinary Shares Tendered
|
Number of Ordinary Shares held post Tender
Offer
|
Percentage of voting rights post Tender
Offer
|
|
Harwood Capital
|
75,712,500
|
5,407,195
|
70,305,305
|
17.67%
|
|
AstraZeneca plc
|
71,081,217
|
4,988,109
|
66,093,108
|
16.61%
|
|
Richard Griffiths
|
63,929,400
|
12,242,250
|
51,687,150
|
12.99%
|
As previously stated, the
independent Directors, having consulted with the Company's
nominated adviser Singer Capital Markets, consider that the terms
of the transaction are fair and reasonable insofar as Shareholders
are concerned.
Total Voting Rights
The Company has 407,980,550 Ordinary
Shares in issue, with 397,980,550 Ordinary Shares with voting
rights (excluding 10,000,000 shares held in Treasury). This
figure of 397,980,550 may be used by the Company's shareholders as
the denominator in the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the Financial Conduct Authority's
Disclosure, Guidance and Transparency Rules.
Capitalised terms in this
announcement (unless otherwise defined) have the same meanings as
set out in the Circular.
Enquiries:
For more information, please
visit www.niox.com, or contact:
|
|
|
NIOX Group
plc
Ian Johnson,
Executive Chairman
Michael Roller, Chief Financial
Officer
|
+44 (0) 3303 309 356
|
|
Singer Capital Markets
(Nominated Adviser and Joint Broker)
Jen Boorer / James Fischer / James
Todd
|
+44 (0) 20 7496 3000
|
|
|
|
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
|
a)
|
Name
|
|
1. Ian Roy
Johnson
|
|
2. Michael Roy
David Roller
|
|
3. Jonathan Charles
Emms
|
|
4. Garry
Watts
|
|
5. Nicholas Harwood
Bertram Mills
|
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
|
1. Executive
Chairman
|
|
2. Chief Financial
Officer
|
|
3. Chief Operating
Officer
|
|
4. Non-Executive
Director
|
|
5. Non-Executive
Director
|
|
|
b)
|
Is this an initial notification or an
amendment to a prior notification?
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
NIOX Group plc
|
|
b)
|
LEI
|
2138006YAT138TOGA556
|
|
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 0.08p
each
GB00BJVD3B28
|
|
b)
|
Nature of the transaction
|
Participation in Tender Offer (sale
of shares)
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
1. 80
pence
|
62,314
|
|
2. 80
pence
|
46,316
|
|
3. 80
pence
|
62,353
|
|
4. 80
pence
|
30,162
|
|
5. 80
pence
|
64,979
|
|
|
d)
|
Aggregated information (if
any)
- Aggregated volume
- Price
|
N/a
|
|
e)
|
Date of transaction
|
22.10.2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
a)
|
Name
|
|
Nicholas Harwood Bertram
Mills
|
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
|
|
b)
|
Is this an initial notification or an
amendment to a prior notification?
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
NIOX Group plc
|
|
b)
|
LEI
|
2138006YAT138TOGA556
|
|
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 0.08p
each
GB00BJVD3B28
|
|
b)
|
Nature of the transaction
|
Purchase of newly issued ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
1. 80
pence
|
56,933
|
|
|
d)
|
Aggregated information (if
any)
- Aggregated volume
- Price
|
N/a
|
|
e)
|
Date of transaction
|
25.10.2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
a)
|
Name
|
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
|
|
b)
|
Is this an initial notification or an
amendment to a prior notification?
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
NIOX Group plc
|
|
b)
|
LEI
|
2138006YAT138TOGA556
|
|
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 0.08p
each
GB00BJVD3B28
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
2. 80
pence
|
27,109
|
|
|
d)
|
Aggregated information (if
any)
- Aggregated volume
- Price
|
N/a
|
|
e)
|
Date of transaction
|
25.10.2024
|
|
f)
|
Place of the transaction
|
Off market
|
|
a)
|
Name
|
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
|
|
b)
|
Is this an initial notification or an
amendment to a prior notification?
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
NIOX Group plc
|
|
b)
|
LEI
|
2138006YAT138TOGA556
|
|
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 0.08p
each
GB00BJVD3B28
|
|
b)
|
Nature of the transaction
|
Sale of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
3. 80
pence
|
27,109
|
|
|
d)
|
Aggregated information (if
any)
- Aggregated volume
- Price
|
N/a
|
|
e)
|
Date of transaction
|
25.10.2024
|
|
f)
|
Place of the transaction
|
Off market
|
