10 Aug 2020 08:54
10 August 2020
Cello Health plc
("Cello" or the "Company")
Exercise of Options
Following the Court Hearing held on 7 August 2020 in connection with the cash acquisition of Cello Health plc by Pharma Value Demonstration Bidco Limited, the Company notifies that, following receipt of exercise notices in respect of 4,389,152 options pursuant to the Company's Performance Share Plan 2010, the HM Revenue & Customs Approved Company Share Option Plan and its Unapproved Share Option Plan, 453,000 ordinary shares of 10p each in the capital of the Company ("Ordinary Shares") were transferred out of treasury on 7 August 2020, and a further 3,936,152 new Ordinary Shares were issued and allotted by the Company pursuant to its existing block listing application.
Of the total of 4,389,152 options, the following were exercised by persons discharging managerial responsibilities of the Company:
PDMR | Role | No. of Options Exercised | Weighted Average Exercise Price Per Share |
Mark Scott | Chief Executive | 701,250 | 10.00p |
Mark Bentley | Group Finance Director | 355,000 | 10.00p |
Stephen Highley | Chief Operating Officer | 370,000 | 10.00p |
Julia Ralston | Chief Executive Officer, Cello Health US | 560,500 | 88.62p |
Andy Brown | Deputy Group Finance Director | 113,750 | 10.00p |
Jane Shirley | CEO Cello Health Europe | 192,500 | 10.00p |
Jon Bircher | Chief Commercial Officer - Cello Health | 267,108 | 17.10p |
Following the above transfer of shares out of treasury and issue of new Ordinary Shares to satisfy option exercises, Cello's issued share capital comprises 111,079,683 Ordinary Shares, none of which are held in treasury. The total number of voting rights in the Company is therefore 111,079,683 Ordinary Shares, which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquires
Cello Health | 020 7812 8460 |
Mark Scott, Chief Executive | |
Mark Bentley, Group Finance Director | |
Cenkos Securities | 020 7397 8900 |
Giles Balleny | |
Harry Hargreaves | |
Buchanan | 020 7466 5000 |
Mark Court | |
Jamie Hooper | |
Sophie Wills |
The following notifications are made in accordance with the Market Abuse Regulation:
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Mark Scott |
2 | Reason for the notification | |
a) | Position/status | Chief Executive Officer, PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Exercise of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Price: 10 pence per share Volume: 701,250 |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 7 August 2020 |
h) | Place of transaction | Outside of trading venue - XOFF |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Stephen Highley |
2 | Reason for the notification | |
a) | Position/status | Chief Operating Officer PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Exercise of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Price: 10 pence per share Volume: 370,000 |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 7 August 2020 |
h) | Place of transaction | Outside of trading venue - XOFF |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Mark Bentley |
2 | Reason for the notification | |
a) | Position/status | Group Finance Director, PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Exercise of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Price: 10 pence per share Volume: 355,000 |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 7 August 2020 |
h) | Place of transaction | Outside of trading venue - XOFF |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||||||||||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||||||
a) | Name | Julia Ralston | ||||||||||||||||
2 | Reason for the notification | |||||||||||||||||
a) | Position/status | Chief Executive Officer, Cello Health US PDMR | ||||||||||||||||
b) | Initial notification/amendment | Initial notification | ||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||
a) | Full name of the entity | Cello Health plc | ||||||||||||||||
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 | ||||||||||||||||
4 | Details of the transaction(s) | |||||||||||||||||
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each | ||||||||||||||||
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 | ||||||||||||||||
c) | Nature of the transaction | Exercise of options over Ordinary Shares of 10 pence each | ||||||||||||||||
d) | Currency | GBP - British pound | ||||||||||||||||
e) | Price(s) and Volume(s) |
| ||||||||||||||||
f) | Aggregated information - Price - Volume - Total |
88.62 pence per Ordinary Share 560,500 Ordinary Shares £496,738.75 | ||||||||||||||||
g) | Date of transaction | 7 August 2020 | ||||||||||||||||
h) | Place of transaction | Outside of trading venue - XOFF | ||||||||||||||||
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Andy Brown |
2 | Reason for the notification | |
a) | Position/status | Deputy Group Finance Director - PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Exercise of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Price: 10 pence per Ordinary Share Volume: 113,750 |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 7 August 2020 |
h) | Place of transaction | Outside of trading venue - XOFF |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Jane Shirley |
2 | Reason for the notification | |
a) | Position/status | CEO Cello Health Europe PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Exercise of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Price: 10 pence per Ordinary Share Volume: 192,500 |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 7 August 2020 |
h) | Place of transaction | Outside of trading venue - XOFF |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||||||||||||||||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||||||||
a) | Name | Jon Bircher | ||||||||||||||||||
2 | Reason for the notification | |||||||||||||||||||
a) | Position/status | Chief Commercial Officer - Cello Health PDMR | ||||||||||||||||||
b) | Initial notification/amendment | Initial notification | ||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||
a) | Full name of the entity | Cello Health plc | ||||||||||||||||||
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 | ||||||||||||||||||
4 | Details of the transaction(s) | |||||||||||||||||||
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each | ||||||||||||||||||
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 | ||||||||||||||||||
c) | Nature of the transaction | Exercise of options over Ordinary Shares of 10 pence each | ||||||||||||||||||
d) | Currency | GBP - British pound | ||||||||||||||||||
e) | Price(s) and Volume(s) |
| ||||||||||||||||||
f) | Aggregated information - Price - Volume - Total |
17.1 pence per Ordinary Share 267,108 Ordinary Shares £45,679.66 | ||||||||||||||||||
g) | Date of transaction | 7 August 2020 | ||||||||||||||||||
h) | Place of transaction | Outside of trading venue - XOFF | ||||||||||||||||||