IDOX PLC Grant of Options (4282B)

TIDMIDOX

RNS Number : 4282B

IDOX PLC

11 February 2022

11 February 2022

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 11 February 2022, pursuant to the Company's Long Term Incentive Plan ('LTIP'), the Company granted nil-cost options over a total of 463,235 ordinary shares of 1 pence each ("Ordinary Shares") to David Meaden, Chief Executive Officer and 257,353 Ordinary Shares to Rob Grubb, Chief Financial Officer (the "Options"). The Options will ordinarily vest in thirds over the next three years, commencing 10 February 2023, subject to a minimum share price of 102 pence and the grantee's continued service in their respective roles and are exercisable from the date of vesting, with the latest exercise date being 10 February 2032.

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                                                         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  Ordinary shares of 1 pence each ("Ordinary Shares") 
     Identification code                                          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                         463,235 
d)  Aggregated information 
     - Aggregated volume                                           463,235 
     - Price                                                       n/a 
e)  Date of the transaction                                      11 February 2022 
f)  Place of the transaction                                     Outside a trading venue 
 
 
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  Ordinary shares of 1 pence each ("Ordinary Shares") 
     Identification code                                          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                         257,353 
d)  Aggregated information 
     - Aggregated volume                                           257,353 
     - Price                                                       n/a 
e)  Date of the transaction                                      11 February 2022 
f)  Place of the transaction                                     Outside a trading venue 
 

For further information please contact:

   Idox plc                                                              [phone] 

Chris Stone, Non-Executive Chairman

David Meaden, Chief Executive

Rob Grubb, Chief Financial Officer

   Peel Hunt LLP (NOMAD and Broker)              [phone] 

Edward Knight

Paul Gillam

   MHP Communications                                     + 44 (0) 203 128 8730 
   Reg Hoare                                                         [e-mail] 

James Bavister

About Idox plc

For more information see www.idoxplc.com @Idoxgroup

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February 11, 2022 03:45 ET (08:45 GMT)