10 Mar 2017 10:18
Bioquell Plc
('Bioquell' or the 'Company')
Grant of Options
Further to the announcement on 24 November 2016, relating to the approval by shareholders of a Performance Share Plan ("PSP"), Bioquell plc (LSE: BQE) announces that nil cost options over 667,000 Ordinary Shares of 10 pence each ('Ordinary Shares') have been granted to Ian Johnson, Executive Chairman. Nil cost options over 90,000 Ordinary Shares have been granted to Michael Roller, Finance Director. A forfeitable shares award of 333,000 Ordinary Shares has been made to Jay LeCoque, Commercial Director.
These grants represent in aggregate approximately 4.95% of the current issued share capital and are in accordance with the rules of the PSP. The options and forfeitable shares shall vest and the options shall become exercisable on a change of control within 3 years of the date of grant at a price of more than £2 per share.
Jay LeCoque and Ian Johnson have no further interest in the share capital of the Company. Michael Roller also holds 9,623 Ordinary Shares and has options over a further 317,980 Ordinary Shares at prices between 85p and 92.5p.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Ian Johnson | ||||
2 | Reason for the notification - Award of options under Performance Share Plan | |||||
a) | Position/status | Chairman | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Bioquell Plc | ||||
b) | LEI | 2138 005 BQVKIZE 84122 | ||||
a)
| Description of the financial instrument,type of instrument Identification code | Options over Ordinary Shares of £0.10
GB0004992003 | ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 10 March 2017 | ||||
f) | Place of the transaction | n/a | ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 10 March 2017 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Michael Roller | |||||
2 | Reason for the notification - Award of options under Performance Share Plan | ||||||
a) | Position/status | Finance Director | |||||
b)
| Initial notification /Amendment | Initial notification | |||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name | Bioquell Plc | |||||
b) | LEI | 2138 005 BQVKIZE 84122 | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Options over Ordinary Shares of £0.10
GB0004992003 | |||||
b) | Nature of the transaction | Grant of options | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | |||||
e) | Date of the transaction | 10 March 2017 | |||||
f) | Place of the transaction | n/a | |||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | |||||
e) | Date of the transaction | 10 March 2017 | |||||
f) | Place of the transaction | Off market | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Jay LeCoque | |||||
2 | Reason for the notification - Award of forfeitable shares under Performance Share Plan | ||||||
a) | Position/status | Commercial Director | |||||
b)
| Initial notification /Amendment | Initial notification | |||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name | Bioquell Plc | |||||
b) | LEI | 2138 005 BQVKIZE 84122 | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Options over Ordinary Shares of £0.10
GB0004992003 | |||||
b) | Nature of the transaction | Award of forfeitable shares | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | |||||
e) | Date of the transaction | 10 March 2017 | |||||
f) | Place of the transaction | n/a | |||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | |||||
e) | Date of the transaction | 10 March 2017 | |||||
f) | Place of the transaction | Off market | |||||
For further information:
Bioquell Plc |
|
Ian Johnson, Executive Chairman Michael Roller, Finance Director
| Tel: +44 (0) 1264 835900 |