Ixico Regulatory News (IXI)

28 Mar 2008 15:24

Phytopharm PLC28 March 2008 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer PHYTOPHARM PLC 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made inaccordance with section 324 (as extended by section 328) of the Companies Act1985; or (iii) both (i) and (ii) (III) BOTH (I) AND (II) 3. Name of person discharging managerial responsibilities/director DR DARYL REES, CHIEF EXECUTIVE 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person AS 3 ABOVE 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest AS 3 ABOVE 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares OPTIONS OVER ORDINARY SHARES OF 1 PENCE EACH 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them 8 State the nature of the transaction 9. Number of shares, debentures or financial instruments relating to sharesacquired 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) 11. Number of shares, debentures or financial instruments relating to sharesdisposed 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) 13. Price per share or value of transaction 14. Date and place of transaction 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) 16. Date issuer informed of transaction If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant 28 MARCH 2008 18. Period during which or date on which it can be exercised 28 MARCH 2011 to 27 MARCH 2018 19. Total amount paid (if any) for grant of the option NIL 20. Description of shares or debentures involved (class and number) 200,000 PHYTOPHARM PLC ORDINARY 1 PENCE SHARES 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise 23.50 PENCE 22. Total number of shares or debentures over which options held followingnotification 1,478,559 23. Any additional information THE OPTION IS SUBJECT TO PERFORMANCE CONDITIONS MEASURING THE COMPANY'S TOTALSHAREHOLDER RETURN (TSR) AGAISNT THE TSR OF THE FTSE SMALLCAP INDEX COMMENCINGON THE GRANT DATE 24. Name of contact and telephone number for queries ZOE MCGOWAN 01480 437697 Name and signature of duly authorised officer of issuer responsible for makingnotification ZOE MCGOWAN Date of notification 28 March 2008 END This information is provided by RNS The company news service from the London Stock Exchange