IDOX PLC Directors' Dealing, Exercise of Options and TVR (9878V)

TIDMIDOX

RNS Number : 9878V

IDOX PLC

03 February 2017

3 February 2017

Idox plc

("Idox" or the "Company")

Directors' Dealing, Exercise of Options and TVR

Idox plc (AIM: IDOX), a leading supplier of specialist information management solutions and services,

announces that 1,489,922 ordinary shares of 1 pence each ("Ordinary Shares") were issued and allotted on 2 February 2017 following an exercise of options by an employee and two Directors.

Andrew Riley, Chief Executive Officer, has exercised options over 466,000 Ordinary Shares, subsequent to which, Mr Riley sold 124,854 Ordinary Shares to satisfy the tax liability arising from the option exercise.

Richard Kellett-Clarke, Non Executive Director, has exercised options over 823,922 Ordinary Shares, subsequent to which, Mr Kellett-Clarke sold 165,433 Ordinary Shares to satisfy the tax liability arising from the option exercise.

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

Application has been made to the London Stock Exchange for the new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM and admission is expected to become effective on or around 8 February 2017.

Following the issue of these shares, the Company's total issued share capital is 406,851,192 Ordinary Shares. The Company holds 2,991,219 Ordinary Shares in treasury. Therefore the total number of Ordinary Shares in issue excluding shares held in treasury is 403,859,973. The above figure of 403,859,973 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Idox plc [phone]

Laurence Vaughan, Non-Executive Chairman

Andrew Riley, Chief Executive

Jane Mackie, Chief Financial Officer

N+1 Singer (NOMAD and Broker) [phone]

Shaun Dobson

Liz Yong

MHP (Financial PR) [phone]

Reg Hoare

Andrew Leach

Charlie Barker

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------------- 
 a)   Name                       Andrew Riley 
---  -------------------------  ------------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------------- 
 a)   Position/status            Chief Executive 
---  -------------------------  ------------------------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------------- 
 a)   Name                       Idox plc 
---  -------------------------  ------------------------------------------- 
 b)   LEI                        TBC 
---  -------------------------  ------------------------------------------- 
 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             Ordinary shares of 1 pence 
       the financial              each 
       instrument, type 
       of instrument              GB0002998192 
 
       Identification 
       code 
---  -------------------------  ------------------------------------------- 
 b)   Nature of the                   (i) Exercise of Options 
       transaction                     (ii) Sale of Ordinary Shares 
                                       by a PDMR 
---  -------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)             Volume(s) 
                                   -------------------  ------------------- 
                                         (i) 7.5 pence        (i) 466,000 
                                          (ii) 66.25           (ii) 124,854 
                                           pence 
                                   -------------------  ------------------- 
---  -------------------------  ------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         n/a 
 
       - Price 
---  -------------------------  ------------------------------------------- 
 e)   Date of the transaction         (i) 2 February 2017 
                                       (ii) 2 February 2017 
---  -------------------------  ------------------------------------------- 
 f)   Place of the transaction        (i) Outside of trading venue 
                                       (ii) London Stock Exchange 
                                       (XLON) 
---  -------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------ 
 a)   Name                       Richard Kellett-Clarke 
---  -------------------------  --------------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------ 
 a)   Position/status            Non-Executive Director 
---  -------------------------  --------------------------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------------ 
 a)   Name                       Idox plc 
---  -------------------------  --------------------------------------------- 
 b)   LEI                        TBC 
---  -------------------------  --------------------------------------------- 
 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             Ordinary shares of 1 pence 
       the financial              each 
       instrument, type 
       of instrument              GB0002998192 
 
       Identification 
       code 
---  -------------------------  --------------------------------------------- 
 b)   Nature of the                   (i) Exercise of Options 
       transaction                     (ii) Sale of Ordinary Shares 
                                       by a PDMR 
---  -------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)               Volume(s) 
                                   ---------------------  ------------------- 
                                         (i) 10.25 pence        (i) 823,922 
                                          (ii) 66.25             (ii) 165,433 
                                           pence 
                                   ---------------------  ------------------- 
---  -------------------------  --------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         n/a 
 
       - Price 
---  -------------------------  --------------------------------------------- 
 e)   Date of the transaction         (i) 2 February 2017 
                                       (ii) 2 February 2017 
---  -------------------------  --------------------------------------------- 
 f)   Place of the transaction        (i) Outside of trading venue 
                                       (ii) London Stock Exchange 
                                       (XLON) 
---  -------------------------  --------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 03, 2017 04:48 ET (09:48 GMT)