27 Oct 2016 08:41
27 October 2016
Verseon Corporation
("Verseon" or the "Company")
Additional Listing & Total Voting Rights
Verseon, a technology-based pharmaceutical company, announces that on 25 October 2016, Mr. Grover Wickersham, Non-Executive Director of the Company, has been issued a grant of restricted stock units ("RSUs") that relate to payment of his Director's fees in the form of restricted stock. Mr. Wickersham's restricted stock grant totals 15,463 Common Shares and is calculated by reference to the closing price on 25 October 2016 of the Company's common shares in USD, being $1.94. The RSUs vest quarterly in equal proportions over a 6 month period starting from 30 October 2016.
For further information please contact:
Verseon Corporation | +1 (510) 225 9000 |
Arthur Shmurun / Amy Thai | |
Cenkos Securities (NOMAD and Broker) | +44 (0) 20 7397 8900 |
Mark Connelly / Steve Cox | |
Buchanan Communications Ltd (PR Advisers) | +44 (0) 20 7466 5000 |
Henry Harrison-Topham / Sophie Cowles |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Mr Grover Wickersham | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-Executive Director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Verseon Corporation | ||||
b)
| LEI
| 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
| Restricted stock grant of Common Shares of par value $0.001
ISIN: USU9221J1098
| ||||
b)
| Nature of the transaction
| Issuance of restricted stock units | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
15,463
$1.94 | ||||
e)
| Date of the transaction
| 25 October 2016 | ||||
f)
| Place of the transaction
| N/a | ||||