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Pin to quick pickshVIVO Regulatory News (HVO)

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Award of Share Options

4 Jan 2019 10:02

RNS Number : 2330M
hVIVO plc
04 January 2019
 

 

hVIVO PLC

("hVIVO" or the "Company")

 

Award of Share Options

 

London, UK, 4 January 2019: hVIVO plc (AIM: HVO), an industry leading clinical development services business pioneering human disease models based upon viral and allergen challenge, announces that on 1st January 2019 it awarded the following options over ordinary shares of 5.0p each in the Company to Shelley Fraser:

 

Name

Position

Number of Share Options Awarded

Exercise price per Share

Date of Vesting

Percentage of issued ordinary share capital

Shelley Fraser

Finance Director (PDMR)

250,000

5.0p

1 January 2022

0.1%

 

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 persons discharging managerial responsibilities/persons closely associated

a)

Name

Shelley Fraser

2

Reason for the notification

a)

Position/ status

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)

Name

hVIVO plc

b)

Legal Entity Identifier

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

Options over Ordinary Shares of 5 pence each

 

 

ISIN: GB00B6ZM0X53

b)

Nature of the transaction

Award of options over ordinary shares in the Company

c)

Currency

GBP

d)

Price(s) and volume(s)

PDMR

Exercise Price (p)

Volume

Shelley Fraser

5.0

250,000

 

e)

Aggregated information

- Aggregated volume

- Exercise price

 

 

Options over 250,000 ordinary shares

5.0p

f)

Date of the transaction

1st January 2019

g)

Place of the transaction

London Stock Exchange, AIM

 

 

For further information please contact:

 

hVIVO plc

+44 207 756 1300

Trevor Phillips (Executive Chairman)

Fleur Wood (Director, Investor Relations)

 

 

Numis Securities Limited

 +44 207 260 1000

Michael Meade / Freddie Barnfield (Nominated Adviser)

James Black / Michael Burke (Corporate Broking)

FTI Consulting

+44 203 727 1000

Simon Conway / Victoria Foster Mitchell

 

 

Notes to Editors:

hVIVO plc ("hVIVO") is pioneering a human-based clinical trial platform to accelerate drug and vaccine development in respiratory and infectious diseases. Leveraging human disease models in flu, RSV, HRV and respiratory indications, the hVIVO platform captures disease in motion, illuminating the entire disease life cycle from healthy to sick and back to health. Based in the UK, market leader hVIVO has conducted more than 50 clinical studies and inoculated over 2500 volunteers.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHUSVKRKKAARRR
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