Director buying & Incentive Plan11 Mar 2016 07:30
This is very positive..and with an exercise Price of the Options at 100p the incentive to succeed and create shareholder value and move the share price upwards to and beyond 100p is now in place...
Quantum Pharma Plc (AIM: QP.), the growing, service-led niche pharmaceutical manufacturer, developer and supplier to the health and care sectors, received notifications on 10 March 2016 that Andrew Scaife, Chief Executive Officer of the Company, purchased 37,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 68 pence per share and Chris Rigg, Chief Financial Officer of the Company, purchased 15,000 Ordinary Shares at a price of 66 pence per share.
Additionally, Quantum announces that on 10 March 2016, it granted options over 500,000 Ordinary Shares at an exercise price of 100 pence in accordance with the rules of the Quantum Long Term Incentive Plan 2014.