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Market Cap: £18.86m
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PDMR Dealing

29 Jan 2021 10:19

RNS Number : 3669N
IXICO plc
29 January 2021
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IXICO plc

("IXICO" or the "Company")

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PDMR Dealing

Issue of Equity on exercise of options

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IXICO plc (AIM: IXI), the data analytics company delivering insights in neuroscience, announces that it has made an application to the London Stock Exchange for the admission to trading on AIM of 156,471 new ordinary shares of 1p each ("New Shares") to satisfy the exercise of options by the VP Alliance Management (PDMR).

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The New Shares are expected to be admitted to trading on AIM on 5 February 2021.

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Total voting rights

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Application has been made for admission to trading on AIM of 156,471 New Shares. Admission of the New Shares on AIM is expected to become effective at 8.00 a.m. on 5 February 2021, following which there will be in total 47,292,939 ordinary shares in the capital of the Company in issue, each carrying equal voting rights.

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This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, IXICO under the FCA's Disclosure and Transparency Rules.

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The below makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

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Details of PDMR transaction

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1

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Details of the person discharging managerial responsibilities / person closely associated

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a)

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Name

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Sylke Grootoonk

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2

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Reason for the notification

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a)

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Position/status

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PDMR (VP Alliance Management)

b)

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Initial notification /Amendment

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Initial notification

3

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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

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a)

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Name

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IXICO plc

b)

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LEI

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2138005M1F59O6HWSA97

4

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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

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a)

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Description of the financial instrument, type of instrument

Ordinary Shares in IXICO plc

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Identification code

GB00BCLY7L40

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b)

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Nature of the transaction

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Exercise of options

c)

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Price(s) and volume(s)

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Exercise Price(s)

Volume(s)

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30.5p

112,942

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34.0p

43,529

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d)

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Aggregated information

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- Aggregated volume

156,471 shares

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- Price

31.5p

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e)

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Date of the transaction

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5 Feburary 2021

f)

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Place of the transaction

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N/A

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For further information please contact:

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IXICO plc

+44 (0)20 3763 7498

Giulio Cerroni, Chief Executive Officer

Grant Nash, Chief Financial Officer

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Cenkos Securities PLCΒ (Nominated adviser and sole broker)

+44 (0)20 7397 8900

Giles BallenyΒ /Β Max GouldΒ (Corporate Finance)

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Michael F Johnson /Β Russell KerrΒ (Sales)

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Walbrook PR Ltd

+44 (0)20 7933 8780Β 

Paul McManusΒ /Β Lianne CawthorneΒ /

IXICO@walbrookpr.com

Alice Woodings

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About IXICO

IXICO is dedicated to delivering insights in neuroscience. Our purpose is to advance medicine and human health by turning data into clinically meaningful information, providing valuable new insights in neuroscience and our goal is to be a leading proponent of artificial intelligence in medical image analysis. We will achieve this by developing and deploying breakthrough data analytics, at scale, through our remote access technology platform, to improve the return on investment in drug development and reduce risk and uncertainty in clinical trials for our pharmaceutical clients.

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More information is available on www.IXICO.comΒ and follow us on Twitter @IxicOplcΒ 

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END
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