1 March 2021
Iofina plc
(“Iofina” or the “Company“)
Director/PDMR Dealing
Iofina plc (AIM: IOF) announces that it received notification on 1 March 2021 that Lance J Baller, Non-Executive Chairman of the Company, purchased 162,500 ordinary shares in the capital of the Company at a price of 12.75 pence per share. Further details are set out in the Notification of Dealing Form below.
Following the purchase, Mr. Baller holds 5,175,000 shares, representing approximately 2.70 per cent. of the Company’s share capital. The shares purchased represent 0.1 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 |
| Non-Executive Chairman | 162,500 | 5,175,000 | 2.70% |
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: +1 859 356 8000
Christopher Raggett/Giles Rolls/Matthew Radley
Tim Redfern (ECM)
finnCap Ltd
Tel: +44 (0)20 7220 0500
Media Contact:
Charles Goodwin/Joe Burgess
Yellow Jersey PR Limited
Tel: +44 (0)7747 788 221
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
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| a) | Name | Lance J Baller | ||||
| 2 |
Reason for the notification
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| a) | Position/Status | PDMR – 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
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| a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of £0.01 each GB00B2QL5C79 |
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| b) | Nature of the transaction | Purchase of ordinary shares | ||||
| c) | Price(s) and volume(s) |
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| d) |
Aggregated information – Aggregated volume – Price |
162,500 12.75p |
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| e) | Date of transaction | 1 March 2021 | ||||
| f) | Place of transaction | London Stock Exchange, AIM Market (XLON) | ||||