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Medaphor Group PLC (MED)

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Wednesday 30 May, 2018

Medaphor Group PLC

Grant of Options

RNS Number : 5939P
Medaphor Group PLC
30 May 2018
 

30 May 2018

MedaPhor Group plc ("the Group" the "Company")

 

Grant of options

 

MedaPhor Group plc (AIM: MED), the intelligent ultrasound software and simulation company, announces that the following additional share options over the Ordinary Shares of the Company have been granted to the Executive Directors.

 

Name of Director

Position

Number of share options

Stuart Gall

Chief Executive

2,437,000

Nicholas Sleep

Chief Technology Officer

1,605,000

Ian Whittaker

Chief Operating Officer

1,000,000

Wilson Jennings

Finance Director

1,000,000

 

The exercise price of the options is 11.25p per Ordinary Share.

In respect of each director's share options set out above, one third of the above share options will vest once the closing mid-market price of the Company's Ordinary Shares reaches an average of least 25p per share for a continuous period of 20 business days; one third of the share options will vest once the closing mid-market price of the Company's Ordinary Shares reaches an average of at least 37.5p per share for a continuous period of 20 business days and the final third of the share options will vest once the closing mid-market price of the Company's Ordinary Shares reaches an average of at least 50p per share for a continuous period of 20 business days.  Any unexercised options will lapse on 29 May 2028.

 

 

Enquiries:

 

MedaPhor Group plc

www.medaphor.com

Stuart Gall, CEO

Ian Whittaker, COO

Tel: +44 (0)29 2075 6534



Cenkos Securities

Tel:  +44 (0)20 7397 8900

Camilla Hume (Nominated Advisor)


Michael Johnson / Julian Morse (Corporate Broking)




Walbrook PR

Tel: +44 (0)20 7933 8780 or [email protected]

Paul McManus / Anna Dunphy

Mob: +44 (0)7980 541 893 / Mob: +44 (0)7876 741 001

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Stuart Gall

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

MedaPhor Group 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

 

Identification code

 

 

Ordinary shares of 1p each

 

 

ISIN: GB00BN791Q39

b)

 

Nature of the transaction

 

 

Grant of options over ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil

2,437,000  share options

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A

 

 

 

 

 

e)

 

Date of the transaction

 

 

29 May 2018

f)

 

Place of the transaction

 

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Nicholas Sleep

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Technical Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

MedaPhor Group 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

 

Identification code

 

 

Ordinary shares of 1p each

 

 

ISIN: GB00BN791Q39

b)

 

Nature of the transaction

 

 

Grant of options over ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil

1,605,000 share options

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A

 

 

 

 

 

e)

 

Date of the transaction

 

 

29  May 2018

f)

 

Place of the transaction

 

 

Outside a trading venue

 



 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Ian Whittaker

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Operating Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

MedaPhor Group 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

 

Identification code

 

 

Ordinary shares of 1p each

 

 

ISIN: GB00BN791Q39

b)

 

Nature of the transaction

 

 

Grant of options over ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil

1,000,000 share options

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A

 

 

 

 

 

e)

 

Date of the transaction

 

 

29 May 2018

f)

 

Place of the transaction

 

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Wilson Jennings

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Finance Director

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

MedaPhor Group 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

 

Identification code

 

 

Ordinary shares of 1p each

 

 

ISIN: GB00BN791Q39

b)

 

Nature of the transaction

 

 

Grant of options over ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil

1,000,000 share options

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A

 

 

 

 

 

e)

 

Date of the transaction

 

 

29 May 2018

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 


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