20 February 2023
Iofina plc
(“Iofina” or the “Company“)
(AIM: IOF)
Director/PDMR Dealing
Iofina plc (AIM: IOF) announces that it received notification on 17 February 2023 that Lance Baller, Non-Executive Chairman of the Company, purchased 50,000 ordinary shares in the capital of the Company at a price of 31 pence per share. Further details are set out in the notification of dealing form below.
Following the purchase, Mr. Baller holds 5,550,000 ordinary shares, representing approximately 2.89 per cent. of the Company’s issued share capital. The shares purchased represent approximately 0.03 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 | 50,000 | 5,550,000 | 2.89% |
This notification relates to transactions notified in accordance with Article 19 of the UK Market Abuse Regulation.
Enquiries:
Dr. Tom Becker
CEO & President
Iofina plc
Tel: +1 859 356 8000
Nomad & Broker:
Henry Fitzgerald-O’Connor/Patrick Dolaghan/Andrew Potts
Canaccord Genuity Limited
Tel: +44 (0)20 7523 8000
Financial Adviser:
Kingsley Wilson
Chrystal Capital Partners LLP
Tel: +44 (0)20 7850 4761
Media Contact:
Charles Goodwin/Shivantha Thambirajah/Jazmine Clemens
Yellow Jersey PR Limited
Tel: +44 (0)7747 788 221/+44 (0)7983 521 488
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 Baller | ||||
| 2 |
Reason for the notification
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| a) | Position/Status | Director | ||||
| 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 |
50,000 31p |
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| e) | Date of transaction | 17 February 2023 | ||||
| f) | Place of transaction | London Stock Exchange, AIM Market (XLON) | ||||