Source - RNS
RNS Number : 9361L
Bioquell PLC
06 October 2016
 

6 October 2016

 

Bioquell plc

("Bioquell" or the "Company")

Grant of Options

Bioquell announces that, on 4 October 2016, the Company granted options ("Options") over a total of 385,000 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") pursuant to the Company's Unapproved and Approved Share Option Plans. Of these Options, 35,000 were granted to a Person Discharging Managerial Responsibilities ("PDMRs") on behalf of the Company, with 350,000 granted to ten other employees.

All Options will vest on 3 October 2019 subject to achievement by the individual recipient of continuous employment, except that they will vest automatically upon the sale of the Company. The Options are exercisable at 132.5 pence per Ordinary Share, with an expiry date for exercise of 3 October 2026 (for those options granted under the Approved CSOP Scheme) and 3 October 2023 (for those options granted under the Unapproved Scheme).

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Georgina Pope - Company Secretary

2

 

Reason for the notification

a)

 

Position/status

 

See 1(a) above for positions - classified as a PDMR of Bioquell

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

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

a)

 

Name

 

Bioquell plc

b)

 

LEI

2138 005 BQVKIZE 84122

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

 

The grant of Options on 4 October 2016 over Ordinary Shares

b)

Identification code 

 

GB0004992003

c)

 

Nature of the transaction 

 

Grant of Options over Ordinary Shares pursuant to the Company's CSOP and Unapproved Share Option plans

 

d)

 

Price(s) and volume(s)

Price - 132.5p

Volume(s)

Georgina Pope - 35,000 Options

 

d)

 

Aggregated information 

- Aggregated volume

- Price

 N/a

 

e)

 

Date of the transaction 

4 October 2016

f)

 

Place of the transaction

Outside a trading venue

 

Name of authorised official of issuer responsible for making notification.

Georgina Pope

Company Secretary to Bioquell plc

For further information:

Bioquell plc   

Tel: 01264 835000

Michael Roller, FD 


Georgina Pope, Company Secretary




 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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