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LONDON (Alliance News) - ECO Animal Health Group PLC said Tuesday that following its issue of 7.1 million new shares a group of executives, including Chief Executive Officer Marc Loomes and Executive Director Brett Clemo, had been granted new options over shares last Wednesday.
The shares were granted as follows:
| Director | Number of options granted | Exercise price | |||
| Marc Loomes | 150,000 | £1.96 | |||
| Brett Clemo | 100,000 | £1.96 | |||
| Julia Trouse | 50,000 | £1.96 | |||
| Kevin Stockdale | 50,000 | £1.96 |
The company also said that on October 3 a group of executives including Clemo and Loomes had exercised options over shares which were then subsequently sold. The transactions were as follows:
| Name | No of options being exercised and ordinary share immediately sold | Exercise price for options (p) | Sale price of new shares (p) | Holding after exercise and sale | Percentage holding after exercise and sale of new shares* | ||||||
| Brett Clemo | 175,000 | 40,000 -147 35,000 – 135 75,000 – 150 25,000 – 161 | 190 | 436,948 | 0.70% | ||||||
| Marc Loomes | 233,370 | 100,000- 147 120,000-150 13,370-109 | 190 | 1,131,110 | 1.81% | ||||||
| Kevin Stockdale | 145,000 | 70,000 – 147 75,000 - 150 | 190 | 350,411 | 0.56% | ||||||
| Julia Trouse | 145,000 | 70,000 – 147 75,000 - 150 | 190 | 518,605 | 0.83% |
Executive Chairman Peter Lawrence will acquire 105,263 shares at the placing price.
ECO makes pharmaceutical products for animal health markets, its shares last traded at 197.00 pence.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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