Idox plc

 

(“Idox” or “the Company”)

 

Grant of Options

 

ldox plc (AIM: IDOX), a leading supplier of specialist information management software and solutions to the public and asset intensive sectors, announces that, on 19 June 2020, pursuant to the Company’s Long Term Incentive Plan (‘LTIP’), the Company granted nil-cost options over a total of 324,074 Ordinary Shares to Rob Grubb, Chief Financial Officer (the “Options”).  The Options will ordinarily vest in thirds over the next three years, subject to a minimum share price of 52.5 pence and the grantee’s continued service, and are exercisable from date of vesting with the latest exercise date being 18 June 2030.

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robert Grubb

2

Reason for the 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

 

Idox plc

b)

LEI

213800Z3FE6PWVSUGE70

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 1 pence each (“Ordinary Shares”)

 

GB0002998192

b)

 

Nature of the transaction

 

Grant of Share Options

 

c)

Price(s) and volume(s)

Price(s) (Exercise price)

 

Volume(s)

Nil

324,074

d)

 

Aggregated information

– Aggregated volume

– Price

 

324,074

n/a

 

e)

 

Date of the transaction

 

19 June 2020

f)

 

Place of the transaction

 

London Stock Exchange (XLON); AIM

 

 

 

 

For further information please contact:

 

Idox plc                                                              +44 (0) 870 333 7101

 

Chris Stone, Non-Executive Chairman

David Meaden, Chief Executive

Rob Grubb, Chief Financial Officer

 

Peel Hunt LLP (NOMAD and Broker)   +44 (0) 20 7418 8900

 

Edward Knight

Nick Prowting

James Steel

 

MHP Communications                                     +44 (0) 203 128 8778

 

Reg Hoare                                                         [email protected]

James Bavister

Amy O’Sullivan

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.

END

Rule 26

Last updated: 4 April 2022