SulNOx Group PLC Grant of Options

RNS Number : 3379L

SulNOx Group PLC

07 November 2024

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310

 

7 November 2024

SulNOx Group Plc

(the "Company" or "SulNOx")

 

Granting of Share Options

 

(Aquis Stock Exchange: SNOX)

 

The board of directors of the Company (the "Board") announces that it yesterday granted share options to a consultant. These options are granted under an unapproved share option scheme.  500,000 options (the "Options") have been granted for ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares") with a 10-year life. 

 

The Options have been granted with an exercise price of 52.0p, a premium to the average closing price at which the Ordinary Shares traded for the last five days of 46.2 pence.  These Options vest on 31 October 2025 (with a pro rata adjustment should the consultant cease to be contracted to the Company prior to that date). 

 

- Ends -

 

For further information please contact:

 

SulNOx Group plc Steven Cowin, CFO	Tel: [phone]
Allenby Capital Limited (AQSE Corporate Adviser) Nick Harriss / John Depasquale	Tel: [phone]

 

 

 

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