i(x) Net Zero PLC PDMR Notification (2919X)
25 Abril 2023 - 3:00AM
UK Regulatory
TIDMIX.
RNS Number : 2919X
i(x) Net Zero PLC
25 April 2023
25 April 2023
i(x) Net Zero PLC
("i(x) Net Zero" or the "Company")
PDMR Notification
Further to the announcement on 21 April 2023, details of the IPO
Options that have been surrendered by management as part of the
revised incentivisation package are set out in the PDMR forms
below. This notification is made in accordance with the Market
Abuse Regulation (EU) No. 596/2014, which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018.
1 Details of the person discharging managerial responsibilities
a) Name Par Lindstrom
---------------------------- ----------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Chief Executive Officer
---------------------------- ----------------------------------
b) Initial notification/ Initial Notification
Amendment
---------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name i(x) Net Zero PLC
---------------------------- ----------------------------------
b) LEI 213800YUAD1FCXH29638
---------------------------- ----------------------------------
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 Ordinary Shares of no par value
financial instrument
---------------------------- ----------------------------------
b) Identification code JE00BP4DVJ57
of the Financial
Instrument
---------------------------- ----------------------------------
c) Nature of the transaction Surrender of Share Options
---------------------------- ----------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
n/a 1,375,589
----------
---------------------------- ----------------------------------
e) Aggregated information: N/a
volume, Price
---------------------------- ----------------------------------
f) Date of the transaction 21 April 2023
---------------------------- ----------------------------------
g) Place of the transaction Outside of a trading venue
---------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
a) Name Dmitri Tsvetkov
---------------------------- ----------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Chief Operating Officer
---------------------------- ----------------------------------
b) Initial notification/ Initial Notification
Amendment
---------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name i(x) Net Zero PLC
---------------------------- ----------------------------------
b) LEI 213800YUAD1FCXH29638
---------------------------- ----------------------------------
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 Ordinary Shares of no par value
financial instrument
---------------------------- ----------------------------------
b) Identification code JE00BP4DVJ57
of the Financial
Instrument
---------------------------- ----------------------------------
c) Nature of the transaction Surrender of Share Options
---------------------------- ----------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
N/a 790,568
----------
---------------------------- ----------------------------------
e) Aggregated information: N/a
volume, Price
---------------------------- ----------------------------------
f) Date of the transaction 21 April 2023
---------------------------- ----------------------------------
g) Place of the transaction Outside of a trading venue
---------------------------- ----------------------------------
- Ends -
For further information visit https://ixnetzero.com/ or contact:
i(x) Net Zero Via Buchanan below
Pär Lindström - Chief Executive
Officer
Jonathan Stearns - Chief Financial Officer
Canaccord Genuity Limited
Nominated Adviser & Broker +44 20 7523 8000
Max Hartley
Harry Pardoe
Buchanan
Helen Tarbet +44 7872 604 453
Simon Compton +44 7979 497 324
Abby Gilchrist +44 7557 952 223
Notes to Editors
About i(x) Net Zero PLC
i(x) Net Zero PLC is an AIM quoted investing company that
provides its shareholders the opportunity to create long- term
capital growth with positive, scalable, measurable and sustainable
impact on the environment and on the communities it serves.
In accordance with its belief that the world's biggest problems
are also the biggest market opportunities, i(x) Net Zero focuses on
two critical areas in which it aims to make a positive impact: (i)
Energy Transition and (ii) Sustainability in the Built Environment.
The Company uses a multi-strategy investment approach, providing
the companies in which it invests with the expertise and catalytic
capital to help them grow. To date, i(x) Net Zero has invested in
biofuels, direct air capture (carbon removal), renewable energy,
sustainable workforce housing and net zero construction
technology.
i(x) Net Zero is a signatory to the UN Principles for
Responsible Investing. The Company has received the London Stock
Exchange's Green Economy Mark.
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END
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