Nexus Infrastructure PLC Director/PDMR Shareholding (5267O)

TIDMNEXS

RNS Number : 5267O

Nexus Infrastructure PLC

10 June 2022

10(th) June 2022

Nexus Infrastructure plc

("Nexus" or the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities (PDMRs)

Nexus announces the exercising on 8th June 2022 of the following award granted under the Nexus Infrastructure plc Long Term Incentive Plan (LTIP) by a PDMR. The award, in the form of conditional nil-cost options over ordinary shares of GBP0.02 each in the Company ("Ordinary Shares"), was granted on 1(st) April 2019.

The following PDMR received Ordinary Shares under the 2019 LTIP:

 
 Recipient      Job Title                  Number of Ordinary   Number of Ordinary 
                                            Shares*              Shares subsequently 
                                                                 sold** 
 Alan Martin    Chief Financial Officer          75,000                37,500 
               -------------------------  -------------------  --------------------- 
 

* No consideration was payable to receive these Ordinary Shares under the 2019 LTIP.

** Disposal of Ordinary Shares took place on 10(th) June 2022 on the London Stock Exchange at a price of 178 pence to satisfy the tax liabilities arising from the exercise of the 2019 LTIP awards.

Total voting rights

An application has been made to the London Stock Exchange for admission of 75,000 new Ordinary Shares to trading on AIM on 16(th) June 2022 ("Admission") in relation to the 2019 LTIP. Following Admission, the total number of Ordinary Shares in issue in the Company will be 45,556,904. Nexus does not hold any shares in treasury, and, therefore, following Admission, the total number of voting shares in Nexus in issue will be 45,556,904. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

This notification is made in accordance with the requirements of the Market Abuse Regulation.

Dawn Hillman

Company Secretary

   Nexus Infrastructure plc                                               Tel : [phone] 
 
 1)   Details of the person discharging managerial responsibility 
 a)   Name                         Alan Martin 
     ---------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status              Chief Financial Officer 
     ---------------------------  ------------------------------------------ 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                         Nexus Infrastructure plc 
     ---------------------------  ------------------------------------------ 
 b)   LEI                          213800PUGVLUONLG9Y20 
     ---------------------------  ------------------------------------------ 
 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 
     ----------------------------------------------------------------------- 
      Transaction 1 
     ---------------------------  ------------------------------------------ 
 a)   Description of               Ordinary shares of GBP0.02 each. ISIN 
       the financial instrument,    GB00BZ77SW60 
       type of instrument 
       Identification 
       code 
     ---------------------------  ------------------------------------------ 
 b)   Nature of the transaction    Exercise of Options over Ordinary Shares 
                                    under the Nexus Infrastructure plc 
                                    Long Term Incentive Plan 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     Nil         75,000 
                                                ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated information       Not applicable - single transaction 
       - Aggregated volume 
       - Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the transaction      8(th) June 2022 
     ---------------------------  ------------------------------------------ 
 f)   Place of the transaction     Outside of Trading Venue 
     ---------------------------  ------------------------------------------ 
      Transaction 2 
     ---------------------------  ------------------------------------------ 
 a)   Description of               Ordinary shares of GBP0.02 each. ISIN 
       the financial instrument,    GB00BZ77SW60 
       type of instrument 
       Identification 
       code 
     ---------------------------  ------------------------------------------ 
 b)   Nature of the transaction    Sale of shares sufficient to cover 
                                    tax liabilities arising on the aforesaid 
                                    award under the Nexus Infrastructure 
                                    plc Long Term Incentive Plan 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP1.78     37,500 
                                                ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated information       Not applicable - single transaction 
       - Aggregated volume 
       - Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the transaction      10(th) June 2022 
     ---------------------------  ------------------------------------------ 
 f)   Place of the transaction     London Stock Exchange, AIM 
     ---------------------------  ------------------------------------------ 
 

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June 10, 2022 10:30 ET (14:30 GMT)