i(x) Net Zero PLC PDMR Notification (2919X)

TIDMIX.

RNS Number : 2919X

i(x) Net Zero PLC

25 April 2023

25 April 2023

i(x) Net Zero PLC

("i(x) Net Zero" or the "Company")

PDMR Notification

Further to the announcement on 21 April 2023, details of the IPO Options that have been surrendered by management as part of the revised incentivisation package are set out in the PDMR forms below. This notification is made in accordance with the Market Abuse Regulation (EU) No. 596/2014, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

 
 1    Details of the person discharging managerial responsibilities 
 a)   Name                          Par Lindstrom 
     ----------------------------  ---------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status               Chief Executive Officer 
     ----------------------------  ---------------------------------- 
 b)   Initial notification/         Initial Notification 
       Amendment 
     ----------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                          i(x) Net Zero PLC 
     ----------------------------  ---------------------------------- 
 b)   LEI                           213800YUAD1FCXH29638 
     ----------------------------  ---------------------------------- 
 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            Ordinary Shares of no par value 
       financial instrument 
     ----------------------------  ---------------------------------- 
 b)   Identification code           JE00BP4DVJ57 
       of the Financial 
       Instrument 
     ----------------------------  ---------------------------------- 
 c)   Nature of the transaction     Surrender of Share Options 
     ----------------------------  ---------------------------------- 
 d)   Price(s) and volume(s)          Price(s)    Volume(s) 
                                       n/a         1,375,589 
                                                  ---------- 
     ----------------------------  ---------------------------------- 
 e)   Aggregated information:       N/a 
       volume, Price 
     ----------------------------  ---------------------------------- 
 f)   Date of the transaction       21 April 2023 
     ----------------------------  ---------------------------------- 
 g)   Place of the transaction      Outside of a trading venue 
     ----------------------------  ---------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
 a)   Name                          Dmitri Tsvetkov 
     ----------------------------  ---------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status               Chief Operating Officer 
     ----------------------------  ---------------------------------- 
 b)   Initial notification/         Initial Notification 
       Amendment 
     ----------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                          i(x) Net Zero PLC 
     ----------------------------  ---------------------------------- 
 b)   LEI                           213800YUAD1FCXH29638 
     ----------------------------  ---------------------------------- 
 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            Ordinary Shares of no par value 
       financial instrument 
     ----------------------------  ---------------------------------- 
 b)   Identification code           JE00BP4DVJ57 
       of the Financial 
       Instrument 
     ----------------------------  ---------------------------------- 
 c)   Nature of the transaction     Surrender of Share Options 
     ----------------------------  ---------------------------------- 
 d)   Price(s) and volume(s)          Price(s)    Volume(s) 
                                       N/a         790,568 
                                                  ---------- 
     ----------------------------  ---------------------------------- 
 e)   Aggregated information:       N/a 
       volume, Price 
     ----------------------------  ---------------------------------- 
 f)   Date of the transaction       21 April 2023 
     ----------------------------  ---------------------------------- 
 g)   Place of the transaction      Outside of a trading venue 
     ----------------------------  ---------------------------------- 
 

- Ends -

   For further information visit   https://ixnetzero.com/  or contact: 
 
 i(x) Net Zero                                 Via Buchanan below 
 Pär Lindström - Chief Executive 
  Officer 
 Jonathan Stearns - Chief Financial Officer 
 
 Canaccord Genuity Limited 
  Nominated Adviser & Broker                   [phone] 
 Max Hartley 
 Harry Pardoe 
 
 Buchanan 
 Helen Tarbet                                  [phone] 
 Simon Compton                                 [phone] 
 Abby Gilchrist                                [phone] 
 

Notes to Editors

About i(x) Net Zero PLC

i(x) Net Zero PLC is an AIM quoted investing company that provides its shareholders the opportunity to create long- term capital growth with positive, scalable, measurable and sustainable impact on the environment and on the communities it serves.

In accordance with its belief that the world's biggest problems are also the biggest market opportunities, i(x) Net Zero focuses on two critical areas in which it aims to make a positive impact: (i) Energy Transition and (ii) Sustainability in the Built Environment. The Company uses a multi-strategy investment approach, providing the companies in which it invests with the expertise and catalytic capital to help them grow. To date, i(x) Net Zero has invested in biofuels, direct air capture (carbon removal), renewable energy, sustainable workforce housing and net zero construction technology.

i(x) Net Zero is a signatory to the UN Principles for Responsible Investing. The Company has received the London Stock Exchange's Green Economy Mark.

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April 25, 2023 02:00 ET (06:00 GMT)