5 April 2022
Idox plc
("Idox", "the Company" or "the Group")
Director/PDMR Shareholding
Idox plc (AIM: IDOX), a leading supplier of specialist information management software and solutions to the public and asset intensive sectors, announces that, on 4 April 2022, David Meaden, Chief Executive Officer of the Company, has exercised options under the 2019 Idox plc Long Term Incentive Plan over a total of 3,512,400 ordinary shares of 1p each ("Ordinary Shares").
The Company also announces that, on the same day, Mr Meaden sold 2,870,000 Ordinary Shares at a price of 60.93 pence per share partially to satisfy current tax liabilities relating to option exercises over Ordinary Shares.
Following this notification, Mr Meaden has a beneficial holding of 1,110,539 Ordinary Shares (which represents 0.24% of the issued share capital of the Company).
Applications have been made for the 3,512,400 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on or around 8 April 2022.
The total number of Ordinary Shares in issue following Admission will be 451,047,104. The Company holds 1,426,219 Ordinary Shares in treasury. Therefore the total number of Ordinary Shares with voting rights in the Company will be 449,620,885.
The above figure of 449,620,885 may be used by shareholders as the denominator for the calculations by which they will 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.
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
| a. | Name | David Meaden | |||||||||
| 2. | Reason for the notification | ||||||||||
| a. | Position/status | Chief Executive Officer | |||||||||
| 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 | ||||||||||
| b. | Nature of the transaction | 1. Exercise of options over Ordinary Shares 2. Sale of Ordinary Shares. | |||||||||
| c. | Price(s) and volume(s) |
| |||||||||
| d. | Aggregated information · Aggregated volume · Price |
| |||||||||
| e. | Date of the transaction | 1. 4 April 2022 2. 4 April 2022 | |||||||||
| f. | Place of the transaction | 1. Outside a trading venue 2. London Stock Exchange (XLON); AIM | |||||||||
For further information please contact:
| Idox plc Chris Stone, Non-Executive Chairman | +44 (0) 870 333 7101 |
| Peel Hunt LLP (NOMAD and Broker) Edward Knight James Smith | +44 (0) 20 7418 8900 |
| MHP Communications Reg Hoare | + 44 (0) 203 128 8793 idox@mhpc.com |
About Idox plc
For more information see www.idoxplc.com @Idoxgroup
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