Source - LSE Regulatory
RNS Number : 0578F
Iofina PLC
17 March 2022
 

 

17 March 2022

 

Iofina plc

("Iofina" or the "Company")

Director/PDMR Dealing

Iofina plc (AIM: IOF) announces that it received notification on 16 March 2022 that Thomas M Becker, Chief Executive Officer and President of the Company, purchased 15,000 ordinary shares in the capital of the Company at a price of 19.99 pence per share, and Lance J Baller, Non-Executive Chairman of the Company, purchased 125,000 ordinary shares in the capital of the Company at a price of 20.50 pence per share.

Further details are set out in the Notification of Dealing Form below.

Dr. Becker now holds 139,430 ordinary shares, representing approximately 0.073 per cent. of the Company's share capital. The shares purchased by Dr. Becker represent 0.008 per cent. of the Company's issued share capital.

Mr. Baller now holds 5,500,000 ordinary shares, representing approximately 2.87 per cent. of the Company's issued share capital. The shares purchased by Mr. Baller represent 0.065 per cent. of the Company's issued share capital.

Director/PDMR

Ordinary shares purchased

Resultant interest in ordinary shares

Resultant percentage of issued ordinary shares

CEO and President

15,000

139,430

0.073%

Non-Executive Chairman

125,000

5,500,000

2.87%

 

 

This announcement contains inside information for the purposes of Article 11 of the Market Abuse (amendment) (EU exit) Regulations (SI 2019/310).

 

Enquiries:

 

Dr. Tom Becker

CEO & President

Iofina plc

Tel: +44 (0)20 3006 3135

 

Christopher Raggett/Tim Harper (Corporate Finance)

Tim Redfern/Barney Hayward (ECM)

finnCap Ltd

Tel: +44 (0)20 7220 0500

 

Media Contact:

Charles Goodwin/Annabel Atkins

Yellow Jersey PR Limited

Tel: +44 (0)7747 788 221

About Iofina:

Iofina plc (AIM: IOF) is a vertically integrated Company that specialises in the production of Iodine and the manufacturing of specialty chemical products. Iofina is the second largest producer of iodine in North America and operates the manufacturing entities Iofina Resources and Iofina Chemical.

 

LEI: 213800QDMFYVRJYYTQ84

ISIN: GB00B2QL5C79

 

Iofina Resources

Iofina Resources develops, builds, owns and operates iodine extraction plants using Iofina's WET® IOsorb® technology. Iofina currently operates five producing IOsorb® plants in Oklahoma and is consistently using technology and innovation to improve and expand its operations.

 

Iofina Chemical

Iofina Chemical has manufactured high quality halogen specialty chemicals derived from raw iodine, as well as non-iodine based products for over 38 years.

 

www.iofina.com

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the persons discharging managerial responsibilities / person closely associated

 

a)

Name

 

Thomas M Becker

2

Reason for the notification

 

a)

Position/Status

 

PDMR - Chief Executive Officer and President

b)

Initial notification/ Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Iofina plc

b)

LEI

 

213800QDMFYVRJYYTQ84

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 £0.01 each

 

GB00B2QL5C79

b)

Nature of the transaction

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

 

 

Price(s) (p)

Volume(s)

19.99p

15,000

 

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

 

 

15,000

 

 

19.99p

e)

Date of transaction

 

16 March 2022

 

f)

Place of transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

 

1

Details of the persons discharging managerial responsibilities / person closely associated

 

a)

Name

 

Lance J Baller

2

Reason for the notification

 

a)

Position/Status

 

Non-Executive Chairman

b)

Initial notification/ Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

Iofina plc

b)

LEI

 

213800QDMFYVRJYYTQ84

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 £0.01 each

 

GB00B2QL5C79

b)

Nature of the transaction

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

20.50p

125,000

 

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

 

 

125,000

 

 

20.50p

e)

Date of transaction

 

16 March 2022

 

f)

Place of transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

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