Source - RNS
RNS Number : 5142M
Byotrol PLC
14 October 2016
 

 

14th October 2016

 

Byotrol plc

 

GRANT OF OPTIONS

DIRECTOR SHAREHOLDINGS

 

The Board of Byotrol plc ('Byotrol' or 'the Company'), the specialist anti-microbial technology company, announces that it has granted a total of 5,400,000 options over the Company's ordinary shares of 0.25 pence each ("Options" and "Ordinary Shares" respectively) representing 2.01 per cent of the issued share capital of the Company to two Directors and certain employees of the Company, upon the recommendation of the Company's Remuneration Committee. Details of the awards to the two Directors and the Company's Head of Finance, Denise Keenan (PDMR) are set out below:

 


No. of New Options Granted

No. of Options held post Grant

Shareholding in Company

% Shareholding in Company after conversion of loan notes (fully diluted)*

David Traynor

2,000,000

7,700,000

4,850,514

1.81

Dr Trevor Francis

2,000,000

4,850,000

1,110,359

0.81

Denise Keenan

500,000

1,875,000

-

-

TOTAL

4,500,000




 

The remaining Options are being awarded to a number of employees of the Company. The new Options are exercisable at 4.125 pence per Ordinary Share between 14 October 2017 and expire in tranches on varying dates up to 14 April 2024.

 

The new Options are being granted in the Company's Enterprise Management Incentive Scheme.

 

Enquiries:

 

Byotrol plc

01925 742 000

David Traynor - Chief Executive

 






finnCap Ltd

020 7220 0500

Geoff Nash / Carl Holmes / James Thompson- Corporate Finance


Mia Gardner - Corporate Broking


 

 

Notes to Editors:

 

 

Byotrol plc (BYOT.L), quoted on AIM, is a specialist developer of residual antimicrobial technologies, identifying, developing, formulating and commercialising cutting-edge antimicrobial solutions.

 

Our patented suite of technologies deliver powerful broad-spectrum efficacy with residual performance optimised against commonly occurring and industry-specific pathogens.

  

 

Founded in 2005, the Company has developed the technology that creates easier, safer and cleaner lives.

 

For more information, please go to www.byotrol.co.uk



 

 

 

1.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Traynor

2.               

Reason for the Notification

a)

Position/status

CEO

b)

Initial notification/Amendment

Initial

3.    

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

a)

Name

Byotrol Plc

b)

LEI

N/A

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

2,000,000 options over ordinary shares of 0.25p each in the capital of Byotrol Plc

Identification code

GB00B0999995

b)

Nature of the transaction

Award of Options

c)

Price(s) and volume(s)

N/A

d)

Aggregated information:

2,000,000 options over ordinary shares of 0.25p each in the capital of Byotrol Plc

e)

Date of the transaction

14th October 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

5.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dr Trevor Francis

6.               

Reason for the Notification

a)

Position/status

Chief Technology Officer

b)

Initial notification/Amendment

Initial

7.    

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

a)

Name

Byotrol Plc

b)

LEI

N/A

8.    

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

2,000,000 options over ordinary shares of 0.25p each in the capital of Byotrol Plc

Identification code

GB00B0999995

b)

Nature of the transaction

Award of Options

c)

Price(s) and volume(s)

N/A

d)

Aggregated information:

2,000,000 options over ordinary shares of 0.25p each in the capital of Byotrol Plc

e)

Date of the transaction

14th October 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

9.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Denise Keenan

10.               

Reason for the Notification

a)

Position/status

Head of Finance and Company Secretary (PDMR)

b)

Initial notification/Amendment

Initial

11. 

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

a)

Name

Byotrol Plc

b)

LEI

N/A

12. 

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

500,000 options over ordinary shares of 0.25p each in the capital of Byotrol Plc

Identification code

GB00B0999995

b)

Nature of the transaction

Award of Options

c)

Price(s) and volume(s)

N/A

d)

Aggregated information:

500,000 options over ordinary shares of 0.25p each in the capital of Byotrol Plc

e)

Date of the transaction

14th  October 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 


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

Related Charts

Byotrol (BYOT)

0.00p (0.00%)
delayed 18:15PM