Business
Directors' Dealing, Exercise of Options and TVR
Directors' Dealing, Exercise of Options and TVR.
About this update from Idox Plc
[{"type":"text","content":"\n \nRNS Number : 9878V IDOX PLC 03 February 2017 \n\n \n3 February 2017\nIdox plc\n(\"Idox\" or the \"Company\")\n \nDirectors' Dealing, Exercise of Options and TVR\n \nIdox plc (AIM: IDOX), a leading supplier of specialist information management solutions and services, \nannounces 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. \n \nAndrew 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. \n \nRichard 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. \n \nThe notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.\n \nApplication 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.\n \nFollowing 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.\n \nEnquiries:\nIdox plc &nb...