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Market Cap: £18.86m
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Director/PDMR Shareholding

8 Aug 2017 16:23

RNS Number : 4442N
IXICO plc
08 August 2017
 

8 August 2017

 

IXICO plc

("IXICO" or the "Company")

 

Share option grant

 

IXICO plc (AIM: IXI) ('IXICO' or the 'Company'), the digital technologies company serving neuroscience, announces a grant of options over the ordinary shares in the Company in accordance with the rules of the Company's EMI Share Option Plan 2014 (the 'Plan') exercisable at a price of 34p (being the closing middle market price per ordinary share on 7 August 2017).

 

The award of options under the Plan is subject to certain performance conditions and the options granted will vest upon the achievement of strategic corporate goals in respect of commercialisation of the Company's products and/or services or a significant corporate development transaction occurring within three years of the date of grant.

 

The total number of options being issued at this time is 713,940 and includes a grant of options to Susan Lowther, Chief Financial Officer of the Company, as follows:

 

Name of Director

Number of options granted

Total number of options held

Percentage of issued share capital under option

Susan Lowther

235,000

545,196

2.01%

 

For further information please contact:

 

IXICO plc

Giulio Cerroni, Chief Executive Officer

Susan Lowther, Chief Financial Officer and Company Secretary

 

 

Tel: +44 20 3763 7499

Shore Capital (Nomad and Broker)

Bidhi Bhoma / Edward Mansfield /James Wolfe

Tel: +44 20 7408 4090

FTI Consulting Limited (Investor Relations)

Simon Conway/Mo Noonan

Tel: +44 20 3727 1000

 

About IXICO

IXICO is the digital technologies company serving neuroscience. Our mission is to transform the pursuit of improving brain health through the application of digital technologies to neuroscience. IXICO's specialist data analytics services are used by the global pharmaceutical industry to select participants for clinical trials, assess the safety and efficacy of new drugs in development and in post marketing surveillance. Our neurological disease focus includes Alzheimer's disease, Huntington's disease, Multiple Sclerosis, Parkinson's disease and our integrated digital platform encompasses the entire drug development lifecycle. It is a scalable and secure infrastructure for the capture and analysis of regulatory compliant clinical data to enable sponsors to make rapid, better informed decisions. IXICO is also collaborating with partners to develop new companion digital health products targeted at improving patient outcomes.

More information is available on www.IXICO.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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