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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

 

a)

Name

 

Lance J Baller

2

Reason for the notification

 

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

 

a)

Description of the financial

instrument, type of

instrument

 

Identification code

 

 

 

 

Ordinary shares of £0.01 each

 

GB00B2QL5C79

b)

Nature of the transaction

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

12.75p

162,500

 

d)

Aggregated information

 

–        Aggregated volume

 

–        Price

 

 

 

162,500

 

 

12.75p

e)

Date of transaction

 

1 March 2021

f)

Place of transaction

 

London Stock Exchange, AIM Market (XLON)

 

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