SulNOx Group PLC Issue of Equity (2640N)

TIDMSNOX

RNS Number : 2640N

SulNOx Group PLC

19 May 2020

SulNOx Group Plc (the "Company" or "SulNOx")

Admission to Trading of New Ordinary Shares

Change in Directors Shareholdings

(Aquis Stock Exchange: SNOX)

19 May 2020

Further to the announcement of 13 May 2020 of the completion of a placing of 575,000 ordinary 2p shares, the Company confirms that the application to the Aquis Stock Exchange Growth Market for admission of the new shares was successful. Dealings will commence at 8.00am today.

Directors Share Holdings

Following his participation in the placing, the holding by G V Lyon, Chairman has increased from 40,000 to 65,000 shares and this is included in the table below which displays the updated percentage holdings by the Board:

 
 Director         Holding             Percentage of 
                               issued share capital 
 S J Bamford      9,125,000                   10.68 
                 ----------  ---------------------- 
 N C P Nelson       270,000                    0.31 
                 ----------  ---------------------- 
 M A Korsgaard      200,000                    0.23 
                 ----------  ---------------------- 
 S J Retter          84,380                    0.09 
                 ----------  ---------------------- 
 G V Lyon            65,000                    0.07 
                 ----------  ---------------------- 
 

Following this Admission, the Company's issued share capital is 85,364,093 ordinary 2p shares.

Enquiries:

 
 SulNOx Group Plc :                                  [e-mail] 
  Nicholas Nelson, Chief Executive 
 Flagstaff, Strategic and Investor Communications 
  Tim Thompson, Fergus Mellon                          [phone] 
                                                    ----------------------- 
 Aquis Stock Exchange Corporate Adviser: 
  Alexander David Securities Limited                   [phone] 
                                                    ----------------------- 
 David Scott - Corporate Finance, James Dewhurst - Corporate 
  Broking 
 

The directors take responsibility for this announcement.

About SulNOx Group Plc

SulNOx, www.sulnoxgroup.com , has developed a hydrocarbon fuels conditioning and emulsifying process which enables more efficient fuel combustion, potentially leading to reduced fuel consumption and significantly lowered emissions.

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May 19, 2020 02:00 ET (06:00 GMT)