(“Iofina” or the “Company“)
Iofina plc (AIM: IOF) announces that it received notification on 10 March 2022 that Lance J Baller, Non-Executive Chairman of the Company, purchased 50,000 ordinary shares in the capital of the Company at a price of 17.50 pence per share. Further details are set out in the Notification of Dealing Form below.
Following the purchase, Mr. Baller holds 5,325,000 ordinary shares, representing approximately 2.775 per cent. of the Company’s issued share capital. The shares purchased represent 0.025 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|
This announcement contains inside information for the purposes of Article 11 of the Market Abuse (amendment) (EU exit) Regulations (SI 2019/310).
Dr. Tom Becker
CEO & President
Tel: +44 (0)20 3006 3135
Christopher Raggett/Tim Harper (Corporate Finance)
Tim Redfern/Barney Hayward (ECM)
Tel: +44 (0)20 7220 0500
Charles Goodwin/Annabel Atkins
Yellow Jersey PR Limited
Tel: +44 (0)7747 788 221
Iofina plc (AIM: IOF) is a vertically integrated Company that specialises in the production of Iodine and the manufacturing of specialty chemical products. Iofina is the second largest producer of iodine in North America and operates the manufacturing entities Iofina Resources and Iofina Chemical.
Iofina Resources develops, builds, owns and operates iodine extraction plants using Iofina’s WET® IOsorb® technology. Iofina currently operates five producing IOsorb® plants in Oklahoma and is consistently using technology and innovation to improve and expand its operations.
Iofina Chemical has manufactured high quality halogen speciality chemicals derived from raw iodine, as well as non-iodine based products for over 37 years.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the persons discharging managerial responsibilities / person closely associated
|Lance J Baller|
Reason for the notification
Initial notification/ Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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
Description of the financial
instrument, type of
Ordinary shares of £0.01 each
|b)||Nature of the transaction||
Purchase of ordinary shares
Price(s) and volume(s)
– Aggregated volume
Date of transaction
10 March 2022
Place of transaction
London Stock Exchange, AIM Market (XLON)