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Director/PDMR Shareholding

10 Mar 2022 07:00

RNS Number : 3253E
Iofina PLC
10 March 2022
 

 

10 March 2022

Iofina plc

("Iofina" or the "Company")

(LSE AIM: IOF)

 

Director/PDMR Dealing

Iofina plc (AIM: IOF) announces that it received notification on 9 March 2022 that Lance J Baller, Non-Executive Chairman of the Company, purchased 100,000 ordinary shares in the capital of the Company at a price of 17.75 pence per share. Further details are set out in the Notification of Dealing Form below.

Following the purchase, Mr. Baller holds 5,275,000 ordinary shares, representing approximately 2.75 per cent. of the Company's issued share capital. The shares purchased represent 0.05 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

100,000

5,275,000

2.75%

 

 

This announcement contains inside information for the purposes of Article 11 of the Market Abuse (amendment) (EU exit) Regulations (SI 2019/310).

 

 

Enquiries:

 

Dr. Tom Becker

CEO & President

Iofina plc

Tel: +44 (0)20 3006 3135

 

Christopher Raggett/Tim Harper (Corporate Finance)

Tim Redfern/Barney Hayward (ECM)

finnCap Ltd

Tel: +44 (0)20 7220 0500

 

Media Contact:

Charles Goodwin/Annabel Atkins

Yellow Jersey PR Limited

Tel: +44 (0)7747 788 221

About Iofina:

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.

 

LEI: 213800QDMFYVRJYYTQ84

ISIN: GB00B2QL5C79

 

Iofina Resources

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

Iofina Chemical has manufactured high quality halogen speciality chemicals derived from raw iodine, as well as non-iodine based products for over 37 years.

 

www.iofina.com

 

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

 

a)

Name

 

Lance J Baller

2

Reason for the notification

 

a)

Position/Status

 

PDMR - Non-Executive Chairman

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

 

a)

Description of the financial

instrument, type of

instrument

 

Identification code

 

 

 

 

 

Ordinary shares of £0.01 each

 

GB00B2QL5C79

b)

Nature of the transaction

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

17.75p

100,000

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

100,000

 

 

17.75p

e)

Date of transaction

 

9 March 2022

 

f)

Place of transaction

 

London Stock Exchange, AIM Market (XLON)

 

 

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