Niox Group's Trading Update and Key Information Release

Key Information Regarding Niox Group's Recent Trading
1. Important Details
The following outlines the important information pertaining to trading disclosures by an exempt principal trader related to Niox Group plc. This disclosure ensures compliance with the rules established by the Takeover Code.
(a) Trader's Name: Investec Bank plc
(b) Offeror/Offeree Name: Niox Group plc
(c) Relationship to the Offer: Investec serves as the Joint Broker to Niox Group plc, facilitating its market activities.
(d) Trading Date: Recent transactions were undertaken on April 4, 2025.
(e) Additional Disclosures: The exempt principal trader is not making disclosures for any other parties in this case, as this pertains solely to Niox Group.
2. Trading Transactions by the Exempt Principal Trader
The following transactions were executed in various classes of securities that pertain to Niox Group plc. Each transaction includes details of purchases, sales, and the nature of the dealings.
(a) Purchases and Sales
Below is a summary of shares traded recently:
Class of Relevant Security | Transactions | Total Securities | Highest Price | Lowest Price |
---|---|---|---|---|
Ordinary shares | Purchases | 340 | 73 | 73 |
(b) Cash Settled Derivative Transactions
For cash-settled derivatives, no relevant transactions were reported for Niox Group.
(c) Stock Settled Derivative Transactions
Details of stock settled derivatives are as follows:
(i) Writing, Selling, Purchasing or Varying: Currently, no activities have been reported.
(ii) Exercise: No new exercises have been reported.
(d) Other Dealings
There are no current reports of other dealings such as new security subscriptions.
3. Additional Information
(a) Indemnity and Dealing Arrangements
While safeguarding practices are vital, there are no indemnities or agreements between the exempt principal trader and any other party influencing the decisions related to relevant securities.
(b) Options and Derivatives Agreements
There are currently no agreements, arrangements, or understandings regarding voting rights or derivatives that shape the dealings of Niox Group plc.
Date of Disclosure: April 7, 2025
Contact Name: Abhishek Gawde
Telephone Number: +91 9923757332
For any public disclosures under Rule 8 of the Code, they must be submitted to a Regulatory Information Service. The Panel's Market Surveillance Unit is accessible for consultation regarding these disclosure requirements at +44 (0)20 7638 0129.
The full Code is available for review online, ensuring all interested parties can stay informed about the core rules and regulations governing such disclosures.
Frequently Asked Questions
What is the purpose of the trading update for Niox Group?
The trading update aims to provide transparency regarding the recent market activities and positions held by the exempt principal trader.
Who is the exempt principal trader involved?
The exempt principal trader mentioned is Investec Bank plc, acting in a client-serving capacity for Niox Group.
What types of transactions are reported?
The report includes purchases of ordinary shares and any related trading activities, along with derivatives information where applicable.
Is there any additional relevant information provided?
Yes, details on indemnities and any related agreements that could influence trading decisions are included, indicating none at this time.
How can I reach out for more information about Niox Group?
For further inquiries, contact Abhishek Gawde at +91 9923757332.
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