Director Dealings and Option Awards

Idox plc
(“Idox” or “the Group”)
 Director Dealings and Option Awards

Idox plc (AIM: IDOX), a leading supplier of specialist information management solutions and services, is pleased to announce the following award of Long Term Incentive awards and share purchases.

On 11 March 2019 Chris Stone, Non-Executive Chairman, purchased 585,500 ordinary shares of 1 pence each (Ordinary Shares) at a price of 34 pence per Ordinary Share through his family investment company Pet Lamb Holdings Limited. Following this transaction Chris Stone, through Pet Lamb Holdings, has a beneficial interest in 585,500 Ordinary Shares, representing 0.14 per cent of the Company’s issued share capital.

In addition, on 11 March 2019 David Meaden, Chief Executive Officer, purchased 292,700 Ordinary  Shares at a price of 34 pence per Ordinary Share. Following this transaction David Meaden has a beneficial interest in 292,700 Ordinary Shares, representing 0.07 per cent of the Company’s issued share capital.

In line with the Company’s Matching Share Award Plan (“Matching Plan”) which matches shares purchased on a one for one basis by the Company, further to the share purchase by Chris Stone, the Company has granted nominal value options over 585,500 Ordinary Shares to Chris Stone.

Pursuant to the Company’s Long Term Incentive Plan (‘LTIP’) the Company also granted nil-cost options over a total of 3,512,400 Ordinary Shares to David Meaden. The share awards under the LTIP and Matching Plan will ordinarily vest in three years’ time subject to the grantee’s continued service and are exercisable for 7 years thereafter with the latest exercise date being 11 March 2029.

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	Chris Stone
2	Reason for the notification
a)	Position/status	Chairman
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 Identification code	Ordinary shares of 1 pence each (“Ordinary Shares”) GB0002998192
b)	Nature of the transaction	(i) Purchase of Ordinary Shares by Pet Lamb Holdings; Chris Stone’s family investment company
c)	Price(s) and volume(s)	Price(s)   Volume(s)  34 pence 585,500
d)	Aggregated information – Aggregated volume – Price	n/a
e)	Date of the transaction	11 March 2019
f)	Place of the transaction	London Stock Exchange (AIM)

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Stone
2	Reason for the notification
a)	Position/status	Chairman
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 Identification code	Ordinary shares of 1 pence each (“Ordinary Shares”) GB0002998192
b)	Nature of the transaction	(i) Grant of Share Options
c)	Price(s) and volume(s)	Price(s) (Exercise price)   Volume(s) 1 pence 585,500
d)	Aggregated information – Aggregated volume – Price	n/a
e)	Date of the transaction	12 March 2019
f)	Place of the transaction	London Stock Exchange (AIM)

  

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 Identification code	Ordinary shares of 1 pence each (“Ordinary Shares”) GB0002998192
b)	Nature of the transaction	(i) Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s)   Volume(s) 34 pence 292,700
d)	Aggregated information – Aggregated volume – Price	n/a
e)	Date of the transaction	11 March 2019
f)	Place of the transaction	London Stock Exchange (AIM)

  

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 Identification code	Ordinary shares of 1 pence each (“Ordinary Shares”) GB0002998192
b)	Nature of the transaction	(i) Grant of Share Options
c)	Price(s) and volume(s)	Price(s) (Exercise price)   Volume(s) Nil 3,512,400
d)	Aggregated information – Aggregated volume – Price	n/a
e)	Date of the transaction	12 March 2019
f)	Place of the transaction	London Stock Exchange (AIM)

Rule 26
Information last updated: 12 March 2019