3 July 2024
i(x) Net Zero
PLC
("i(x)
Net Zero" or the "Company")
Director/PDMR
Shareholding
i(x) Net Zero PLC (AIM: IX.), the
investing company which focuses on Energy Transition and
Sustainability in the Built Environment, has been informed that on
2 July 2024 Par Lindstrom, CEO, and Jonathan Stearns, CFO, each
purchased 250,000 ordinary shares of no par value in the Company
("Ordinary Shares"), at a price of 9.5 pence per Ordinary
Share.
Following these purchases, Par
Lindstrom has a total beneficial interest in 11,403,223 Ordinary
Shares, representing 13.04% of the Company's shares in issue, and
Jonathan Stearns has a total beneficial interest in 1,100,000
Ordinary Shares, representing 1.26% of the Company's shares in
issue.
The information below (set out in
accordance with the requirements of EU Market Abuse Regulation)
provides further detail.
|
1
|
Details of the person discharging managerial
responsibilities
|
|
a)
|
Name
|
Par Lindstrom
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
CEO
|
|
b)
|
Initial notification/ Amendment
|
Initial Notification
|
|
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 financial
instrument
|
Ordinary Shares of no par value
|
|
b)
|
Identification code of the Financial
Instrument
|
JE00BP4DVJ57
|
|
c)
|
Nature of the transaction
|
Purchase of Ordinary Shares
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
9.5p
|
250,000
|
|
|
e)
|
Aggregated information: volume,
Price
|
N/a
|
|
f)
|
Date of the transaction
|
2 July 2024
|
|
g)
|
Place of the transaction
|
London Stock Exchange
|
|
1
|
Details of the person discharging managerial
responsibilities
|
|
a)
|
Name
|
Jonathan Stearns
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
CFO
|
|
b)
|
Initial notification/ Amendment
|
Initial Notification
|
|
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 financial
instrument
|
Ordinary Shares of no par value
|
|
b)
|
Identification code of the Financial
Instrument
|
JE00BP4DVJ57
|
|
c)
|
Nature of the transaction
|
Purchase of Ordinary Shares
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
9.5p
|
250,000
|
|
|
e)
|
Aggregated information: volume,
Price
|
N/a
|
|
f)
|
Date of the transaction
|
2 July 2024
|
|
g)
|
Place of the transaction
|
London Stock Exchange
|
- 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.