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 15 April 2021, pursuant to the Company’s Long Term Incentive Plan (‘LTIP’), the Company granted nil-cost options over a total of 933,962 ordinary shares of 1 pence each (“Ordinary Shares”) to David Meaden, Chief Executive Officer and 495,283 Ordinary Shares to Rob Grubb, Chief Financial Officer (the “Options”). The Options will ordinarily vest in thirds over the next three years, commencing 3 February 2022, subject to a minimum share price of 67.5 pence and the grantee’s continued service, and are exercisable from date of vesting with the latest exercise date being 3 February 2031.

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.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Meaden

2

Reason for the 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 

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 over Ordinary Shares 

c)

Price(s) and volume(s)

Price(s) (Exercise price) 

Volume(s)

Nil

933,962

 

d)

 

Aggregated information

– Aggregated volume

– Price

 

933,962

n/a 

e)

 

Date of the transaction 

15 April 2021

f)

 

Place of the transaction 

Outside a trading venue

 

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 over Ordinary Shares

c)

Price(s) and volume(s)

Price(s) (Exercise price) 

Volume(s)

Nil

495,283

 

d)

 

Aggregated information

– Aggregated volume

– Price

 

495,283

n/a 

e)

 

Date of the transaction 

15 April 2021

f)

 

Place of the transaction 

Outside a trading venue

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
Paul Gillam
Nick Prowting

MHP Communications                                    + 44 (0) 203 128 8778

Reg Hoare                                                         idox@mhpc.com
James Bavister
Amy O’Sullivan

Rule 26

Last updated: April 15th, 2021