Director/PDMR Shareholding
Iofina plc announced that its Chief Executive Officer, Tom Becker, transferred 650,650 existing share options to his former spouse as part of a divorce decree. These options, with exercise prices ranging from £0.1250 to £0.2130, were granted between June 2018 and March 2022. Following this transfer, Mr. Becker retains 1,049,950 options and his beneficial shareholding of 139,430 ordinary shares remains unchanged. This transaction does not involve the issuance of new shares or options by the company.
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Iofina plc (AIM: IOF), specialists in the exploration and production of iodine and manufacturers of specialty chemical products, announces that it has been notified of a transfer of share options by its Chief Executive Officer, Tom Becker.
On 11 August 2026, Tom Becker transferred 650,650 existing share options ("Transferred Options") over ordinary shares of 1 pence each in the Company ("Ordinary Shares") to his former spouse (the "Transferee") as required pursuant to the terms of a Decree of Divorce issued by the Court of Common Pleas in Hamilton County, Ohio.
The Transferred Options relate solely to existing options previously granted to Tom Becker under the Company's share option schemes and does not involve the issue of any new shares or options by the Company.
Following completion of the transfer of the Transferred Options:
- Tom Becker retains 1,049,950 options over Ordinary Shares; and
- Tom Becker's beneficial holding of Ordinary Shares remains unchanged at 139,430 shares.
Transferred Options:
| Exercise price | £0.1620 | £0.2130 | £0.1250 | £0.1760 |
| Grant Date | 13 June 2018 | 25 July 2019 | 16 December 2020 | 8 March 2022 |
| Transferred Options | 330,000 | 121,000 | 133,100 | 66,550 |
| Iofina Resources | ||||
| Iofina Chemical | ||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name: | Tom Becker | ||
| 2. | Reason for the notification | |||
| a) | Position/status: | Chief Executive Officer | ||
| b) | Initial notification/Amendment: | Initial notification | ||
| a) | Name: | Iofina plc | ||
| b) | LEI: | 213800QDMFYVRJYYTQ84 | ||
| a) | Description of the financial instrument, type of instrument: Identification code: | Options over ordinary shares of 1 pence each GB00B2QL5C79 | ||
| b) | Nature of the transaction: | Transfer of Share Options | ||
| c) | Price(s) and volume(s): | Price(s) Volume(s) Nil 650,650 | ||
| d) | Aggregated information: · Aggregated volume: · Price: | As above | ||
| e) | Date of the transaction: | 11 August 2026 | ||
| f) | Place of the transaction: | AIM, London Stock Exchange (XLON) | ||
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.