Grant of SAYE options
NIOX Group plc has launched its 2026 Save As You Earn Scheme, offering eligible UK employees options to purchase ordinary shares at an exercise price of 45.02 pence, representing a 20% discount. A total of 99,042 options have been granted, equating to 0.02% of the company's issued share capital, with 40,426 options allocated to Persons Discharging Managerial Responsibility (PDMRs), including the Chief Executive Officer who received 40,426 options. These options are exercisable over a three-year savings plan and were granted on 5 May 2026.
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NIOX Group plc (AIM: NIOX) announces that it has today launched its 2026 Save As You Earn Scheme (the "2026 SAYE Scheme") for all eligible UK employees, offering a savings plan over three years.
Employees were invited to subscribe for a grant of options ("Options") over the Company's Ordinary Shares ("Ordinary Shares") at an exercise price of 45.02 pence per share in accordance with the terms of the 2026 SAYE Scheme. This represents a discount of 20% from the average mid-market closing price for an Ordinary Share on the three business days from 2 April 2026 to 8 April 2026 prior to the invitation made to all eligible employees.
A total of 99,042 Options have been granted under the 2026 SAYE scheme, representing 0.02% of the Company's current issued share capital. 40,426 of these Options were granted to Persons Discharging Managerial Responsibility ("PDMRs") as outlined below:
Number of Options
| Jonathan Emms | 4 0,426 |
40,426
Additional disclosures in relation to PDMR dealing are included at the end of this announcement.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a. | Name | Jonathan Emms |
| 2. | Reason for the notification | |
| a. | Position/status | Chief Executive Officer |
| b. | Initial notification /Amendment | Initial notification |
| a. | Name | NIOX Group plc |
| b. | LEI | 2138006YAT138TOGA556 |
| a. | Description of the Financial instrument, type of instrument Identification code | Ordinary Shares of 0.08p each GB00BJVD3B28 |
| b. | Nature of the transaction | G rant of share options under the 2026 SAYE Scheme over Ordinary Shares in NIOX Group plc |
| c. | Price(s) and volume(s) | 1. Exercise Price(s) Volume(s) 45.02p 40,426 |
| d. | Aggregated information · Aggregated volume · Price | n/a |
| f. | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.