Business
Exercise of Options
Exercise of Options.
About this update from Nexus Infrastructure Plc
[{"type":"text","content":"\n \n \n \n 2 March 2023\n \n \n \n \n Nexus Infrastructure plc\n \n \n \n \n (\"Nexus\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n Exercise of Options\n \n \n \n \n \n \n \n \n \n The Company announces that it has issued and allotted 625,281 new ordinary shares of £0.02 each (\"Ordinary Shares\") following the exercise of share options by employees under the Company's 2016 and 2021 Long Term Incentive Plans. Some of these Ordinary Shares were issued to certain Directors and PDMRs, including Charles Sweeney (CEO), Dawn Hillman (CFO), Robert Kendal (MD of Tamdown) and Sarah Darville-Downs (FD of Tamdown). Certain Directors and PDMRs chose to sell a portion of these Ordinary Shares to cover the tax liability arising from the exercise.\n \n \n \n \n \n The following transactions occurred for Directors and PDMRs as shown below:\n \n \n \n \n \n \n \n \n \n \n Director / PDMR\n \n \n \n \n \n \n Position\n \n \n \n \n \n \n Number of Options over Ordinary Shares exercised\n \n \n \n \n \n \n Number of Ordinary Shares sold\n \n \n \n \n \n \n Resultant number of Ordinary Shares held\n \n \n \n \n \n \n Percentage interest in the Company's enlarged issued share capital %\n \n \n \n \n \n \n \n Charles Sweeney\n \n \n \n \n CEO\n \n \n \n \n 38,533\n \n \n \n \n 19,267\n \n \n \n \n 140,906\n \n \n \n \n 0.31%\n \n \n \n \n \n \n Dawn Hillman\n \n \n \n \n CFO\n \n \n \n \n 21,955\n \n \n \n \n 10,977\n \n \n \n \n 102,349\n \n \n \n \n 0.22%\n \n \n \n \n \n \n Rob Kendal\n \n \n \n \n MD Tamdown\n \n \n \n \n 39,255\n \n \n \n \n 39,255\n \n \n \n \n 45,600\n \n \n \n \n 0.10%\n \n \n \n \n \n \n Sarah Darville-Downs\n \n \n \n \n FD Tamdown\n \n \n \n \n 17,822\n \n \n \n \n 17,822\n \n \n \n \n 100\n \n \n \n \n 0%\n \n \n \n \n \n \n \n \n \n Application has been made for the 625,281 new Ordinary Shares to be admitted to trading on AIM (\"Admission\"). The New Ordinary Shares will rank pari passu with the Company's existing ordinary shares and it is expected that admission will occur on or around 8.00 a.m. on 8 March 2023.\n \n \n \n \n \n \n Total voting rights\n \n \n \n Upon Admission, the Company's issued share capital will consist of 46,182,185 Ordinary Shares with equal voting rights. The Company does not hold any ordinary shares in treasury. Therefore, the total number of ordin...