Directors' Dealing, Exercise of Options and TVR

Published 3 February 2017

Idox plc (AIM: IDOX), a leading supplier of specialist information management solutions and services, announces that 1,489,922 ordinary shares of 1 pence each ("Ordinary Shares") were issued and allotted on 2 February 2017 following an exercise of options by an employee and two Directors.

Andrew Riley, Chief Executive Officer, has exercised options over 466,000 Ordinary Shares, subsequent to which, Mr Riley sold 124,854 Ordinary Shares to satisfy the tax liability arising from the option exercise.

Richard Kellett-Clarke, Non Executive Director, has exercised options over 823,922 Ordinary Shares, subsequent to which, Mr Kellett-Clarke sold 165,433 Ordinary Shares to satisfy the tax liability arising from the option exercise.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Application has been made to the London Stock Exchange for the new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM and admission is expected to become effective on or around 8 February 2017.

Following the issue of these shares, the Company's total issued share capital is 406,851,192 Ordinary Shares. The Company holds 2,991,219 Ordinary Shares in treasury. Therefore the total number of Ordinary Shares in issue excluding shares held in treasury is 403,859,973. The above figure of 403,859,973 Ordinary Shares 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:
Idox plc                                                                                +44 (0) 870 333 7101
Laurence Vaughan, Non-Executive Chairman
Andrew Riley, Chief Executive
Jane Mackie, Chief Financial Officer

N+1 Singer (NOMAD and Broker)                                    +44 (0) 20 7496 3000
Shaun Dobson
Liz Yong

MHP (Financial PR)                                                          +44 (0) 20 3128 8100
Reg Hoare
Andrew Leach
Charlie Barker

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Andrew Riley

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive

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

 

 

TBC

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

 

GB0002998192

b)

 

Nature of the transaction

 

 

(i)           Exercise of Options

(ii)          Sale of Ordinary Shares by a PDMR

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

(i)           7.5 pence

(ii)          66.25 pence

(i)           466,000

(ii)          124,854

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

n/a

e)

 

Date of the transaction

 

 

(i)           2 February 2017

(ii)          2 February 2017

f)

 

Place of the transaction

 

 

(i)           Outside of trading venue

(ii)          London Stock Exchange (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Richard Kellett-Clarke

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

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

 

 

TBC

 

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

 

GB0002998192

b)

 

Nature of the transaction

 

 

(i)   Exercise of Options

(ii)  Sale of Ordinary Shares by a PDMR

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

(i)   10.25 pence

(ii)  66.25 pence

(i)   823,922

(ii)  165,433

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

n/a

e)

 

Date of the transaction

 

 

(i)   2 February 2017

(ii)  2 February 2017

f)

 

Place of the transaction

 

 

(i)   Outside of trading venue

(ii)  London Stock Exchange (XLON)

Information last updated: 23 November 2017
Rule 26