Grant of Options

Summary by AI BETAClose X

CRISM Therapeutics Corporation announced on June 30, 2026, the grant of options under its EMI Share Option Plan to directors Andrew Webb, Chris McConville, and Gerry Beaney. Andrew Webb received options for 504,000 ordinary shares at an exercise price of 10p, Chris McConville for 408,798 shares at 10p, and Gerry Beaney for 99,999 shares at 10p. These options will vest over two years, with one-third vesting on grant, one-third on the first anniversary, and one-third on the second anniversary, becoming exercisable on the second anniversary and expiring in June 2036.

Disclaimer*

CRISM Therapeutics Corporation
30 June 2026
 

 

 

30 June 2026

 

 

CRISM Therapeutics Corporation

('CRISM', 'CRISM Therapeutics' or the 'Company')

 

Grant of Options

 

CRISM Therapeutics Corporation (AIM: CRTX), a UK clinical-stage drug delivery company focused on the localised and sustained delivery of chemotherapy drugs, announces that it has granted options over ordinary shares of no par value ('Ordinary Shares') in the Company (the 'Options') on 30 June 2026 to certain directors as set out below.

 

Director

Total number of Ordinary Shares subject to option grant

Options

exercise price

 

 

Vesting

Period

 

Andrew Webb

504,000

10p

30 June 2026 - 30 June 2028

 

Chris McConville

408,798

10p

30 June 2026 - 30 June 2028

 

Gerry Beaney

99,999

10p

30 June 2026 - 30 June 2028

 

The awards have been made under the Company's existing EMI Share Option Plan.  The Options will vest as to one-third on grant, one-third on the first anniversary of grant and one-third on the second anniversary of grant.  The options will become exercisable on the second anniversary of grant and expire on 30 June 2036, being 10 years from the date of grant.

 

The grant of Options to the Executive directors was overseen by the Remuneration Committee which made recommendations to the Board based on its assessment of each executive's personal performance during 2025 and 2026.

 

- Ends -

 

Enquiries:

 

Company

Nomad and Broker

Financial PR

CRISM Therapeutics Corporation

S.P. Angel Corporate Finance LLP

Burson Buchanan

Andrew Webb, Executive Chairman

Chris McConville, CSO

David Hignell

Vadim Alexandre

Adam Cowl

Henry Harrison Topham

Jamie Hooper

CRISM@buchanancomms.co.uk

via Burson Buchanan

+44 (0) 20 3470 0470

+44 (0) 20 7466 5000

 

 

 

About CRISM Therapeutics Corporation

 

CRISM Therapeutics Corporation has developed an innovative drug delivery technology to improve the clinical performance of cancer treatments for solid tumours through the local delivery of chemotherapy drugs.

 

ChemoSeed, CRISM's lead product, can be implanted directly into the tumour or the resection margin following the removal of a tumour. This directs that therapeutic concentrations of chemotherapy drugs reach the deep-seated tumour tissue or cover the entire resection margin. In the case of treating glioblastoma, ChemoSeeds can be implanted during surgery thereby bypassing the blood brain barrier, which prevents other treatments from being able to reach the tumour and be effective.

 

For more information please visit: https://www.crismtherapeutics.com/

 

The Company's LEI is 213800XFW6MKVCHHPW88.

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 

1)    Andrew Webb

2)    Gerald Beaney

3)    Chris McConville

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

 

 

1)    Executive Chairman

2)    Non-Executive Director

3)    Chief Scientific Officer

 

b)

 

Initial notification /Amendment

 Initial Notification

3

 

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

a)

 

Name

 CRISM Therapeutics Corporation

b)

 

LEI

 

213800XFW6MKVCHHPW88

 

 

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

Ordinary shares with no par value



Identification code

ISIN: VGG042401262

 



b)

 

Nature of the transaction

 

Grant of Options

c)

 

Price(s) and volume(s)

 

 

 

 

Director/PDMR

Exercise Price

Volume

Andrew Webb

£0.10

504,000

Gerald Beaney

£0.10

99,999

Chris McConville

£0.10

408,798

 

 

 

 

 

 

 

 

 

 

 

d)

 

Aggregated information




- Aggregated volume

 N/A



- Price

N/A



e)

 

Date of the transaction

30 June 2026

f)

 

Place of the transaction

Outside a trading venue

 

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END
 
 
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