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RENE.GB Reneuron Group

3.75
0.00 (0.00%)
- - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Reneuron Group AQSE:RENE.GB Aquis Stock Exchange Ordinary Share GB00BF5G6K95
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.75 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ReNeuron Group plc Grant of Options (9328P)

15/02/2023 7:00am

UK Regulatory


Reneuron (AQSE:RENE.GB)
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TIDMRENE

RNS Number : 9328P

ReNeuron Group plc

15 February 2023

ReNeuron Group plc

("ReNeuron" or "the Company" or "the Group")

Grant of Options

ReNeuron Group plc (AIM: RENE), a UK based leader in stem cell derived exosome technologies , announces that grants were made on 14 February 2023 for options over 4,030,000 Ordinary Shares of 1p each ("Options") under the terms of the Company's Long Term Incentive Plan ("The Plan") and its Non-Executive Share Option Scheme. The grants of 3,000,000 Options made to Directors and Persons Discharging Managerial Responsibilities (PDMRs) are set out further in the table below.

1,615,000 of the Options granted under The Plan have an exercise price of 10.25 pence per share, this being the closing mid-market price of the Company's shares on 14 February 2023. The Options vest in equal proportions at 12, 24 and 36 months from the date of grant. These Options will be exercisable if the share price of the Company's shares exceeds 31.5p for any single period of at least 30 consecutive days.

The remaining 1,415,000 of the Options granted under The Plan have an exercise price of 31.5 pence per share. The Options vest in equal proportions at 12, 24 and 36 months from the date of grant. None of these Options are subject to any further performance conditions.

The 1,000,000 Options granted to Iain Ross are granted under the Non-Executive Share Option Scheme. 750,000 of the Options are granted with an exercise price of 10.25 pence per share, this being the closing mid-market price of the Company's shares on 14 February 2023. These Options will be exercisable if the share price of the Company's shares exceeds 31.5p for any single period of at least 30 consecutive days. 250,000 of the Options are granted with an exercise price of 50.0 pence per share without any further performance conditions. All of Mr Ross's options vest monthly over three years on a straight-line basis.

 
        Name                  Title          Date of grant      Number      Total shares     Percentage 
                                               of Options      of Options     over which      of issued 
                                                                granted        options       shares under 
                                                                               are held         option 
                                                                             (post award) 
                                              14 February 
 Iain Ross             Executive Chairman         2023         1,000,000      1,500,000         2.62% 
                      --------------------  ---------------  ------------  --------------  -------------- 
                         Chief Financial      14 February 
 John Hawkins                Officer              2023          500,000        840,000          1.47% 
                      --------------------  ---------------  ------------  --------------  -------------- 
                        Chief Scientific      14 February 
 Randolph Corteling          Officer              2023          500,000       1,000,000         1.75% 
                      --------------------  ---------------  ------------  --------------  -------------- 
                         Chief Business       14 February 
 Simon Dew                   Officer              2023          600,000        600,000          1.05% 
                      --------------------  ---------------  ------------  --------------  -------------- 
                        Chief Operations      14 February 
 Suzanne Hancock             Officer              2023          400,000        749,326          1.31% 
                      --------------------  ---------------  ------------  --------------  -------------- 
 
S

Enquiries:

 
 ReNeuron                                                           www.reneuron.com/investors 
 Iain Ross, Chairman                                                           Via Walbrook PR 
 John Hawkins, Chief Financial Officer 
 
 Liberum Capital Limited (NOMAD and 
  Joint Broker) 
  Phil Walker (Investment Banking) 
  Richard Lindley (Investment Banking) 
  Ben Cryer (Investment Banking)                                           +44 (0)20 3100 2000 
 
 Allenby Capital Limited (Joint Broker)                                    +44 (0)20 3328 5656 
 James Reeve/George Payne (Corporate 
  Finance) 
 Stefano Aquilino (Sales & Corporate 
  Broking) 
 
 Walbrook PR (Media & Investor Relations)       +44 (0)20 7933 8780 or reneuron@walbrookpr.com 
 Paul McManus / Alice Woodings                           +44 (0)7980 541 893 / +44 (0)7407 804 
                                                                                           654 
 
 

About ReNeuron

ReNeuron has developed a proprietary stem cell-derived, exosome-based, drug delivery platform with customisable cellular targeting capabilities for the delivery of complex drug modalities.

Through the generation of several unique and scalable exosome producer cell lines, our CustomEX(TM) platform can be optimised for specific tissues targets and payloads leading to improvements in therapeutic outcome and a reduction in off-target effects. ReNeuron offers a delivery mechanism for a variety of payloads such as siRNA, mRNA, proteins, small molecules and genes. Through its conditionally immortalised induced pluripotent stem cell (iPSC) platform, the Company can make allogeneic tissue cells of choice and has the potential to produce exosomes with tissue specific targeting ability.

ReNeuron's shares are traded on the London AIM market under the symbol RENE.L. For further information visit www.reneuron.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

(Disclosure in relation to grant of share options to Directors and PDMRs)

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                                  Iain Ross 
      ------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                       Executive Chairman 
      ------------------------------------  ----------------------------------- 
 b)    Initial notification                  Initial notification 
        /Amendment 
      ------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                  ReNeuron Group plc 
      ------------------------------------  ----------------------------------- 
 b)    LEI                                   2138003TU12CQ5TZO137 
      ------------------------------------  ----------------------------------- 
 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                        Ordinary Shares 1p 
        the financial instrument,             RENE - GB00BF5G6K95 
        type of instrument 
        Identification 
        code 
      ------------------------------------  ----------------------------------- 
 b)    Nature of the transaction             Grant of share options 
      ------------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)   Volume(s) 
                                                0.00       1,000,000 
      ------------------------------------  ----------------------------------- 
 d)    Aggregated information                N/A 
      ------------------------------------  ----------------------------------- 
 e)    Date of the transaction               14 F e bruary 2023 
      ------------------------------------  ----------------------------------- 
 f)    Place of the transaction              Outside of a trading venue 
      ------------------------------------  ----------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                                  John Hawkins 
      ------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                       Chief Financial Officer 
      ------------------------------------  ----------------------------------- 
 b)    Initial notification                  Initial notification 
        /Amendment 
      ------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                  ReNeuron Group plc 
      ------------------------------------  ----------------------------------- 
 b)    LEI                                   2138003TU12CQ5TZO137 
      ------------------------------------  ----------------------------------- 
 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                        Ordinary Shares 1p 
        the financial instrument,             RENE - GB00BF5G6K95 
        type of instrument 
        Identification 
        code 
      ------------------------------------  ----------------------------------- 
 b)    Nature of the transaction             Grant of share options 
      ------------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)   Volume(s) 
                                                0.00       500,000 
      ------------------------------------  ----------------------------------- 
 d)    Aggregated information                N/A 
      ------------------------------------  ----------------------------------- 
 e)    Date of the transaction               14 February 2023 
      ------------------------------------  ----------------------------------- 
 f)    Place of the transaction              Outside of a trading venue 
      ------------------------------------  ----------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                                  Randolph Corteling 
      ------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                       Chief Scientific Officer 
      ------------------------------------  ----------------------------------- 
 b)    Initial notification                  Initial notification 
        /Amendment 
      ------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                  ReNeuron Group plc 
      ------------------------------------  ----------------------------------- 
 b)    LEI                                   2138003TU12CQ5TZO137 
      ------------------------------------  ----------------------------------- 
 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                        Ordinary Shares 1p 
        the financial instrument,             RENE - GB00BF5G6K95 
        type of instrument 
        Identification 
        code 
      ------------------------------------  ----------------------------------- 
 b)    Nature of the transaction             Grant of share options 
      ------------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)   Volume(s) 
                                                0.00       500,000 
      ------------------------------------  ----------------------------------- 
 d)    Aggregated information                N/A 
      ------------------------------------  ----------------------------------- 
 e)    Date of the transaction               14 February 2023 
      ------------------------------------  ----------------------------------- 
 f)    Place of the transaction              Outside of a trading venue 
      ------------------------------------  ----------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                                  Simon Dew 
      ------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                       Chief Business Officer 
      ------------------------------------  ----------------------------------- 
 b)    Initial notification                  Initial notification 
        /Amendment 
      ------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                  ReNeuron Group plc 
      ------------------------------------  ----------------------------------- 
 b)    LEI                                   2138003TU12CQ5TZO137 
      ------------------------------------  ----------------------------------- 
 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                        Ordinary Shares 1p 
        the financial instrument,             RENE - GB00BF5G6K95 
        type of instrument 
        Identification 
        code 
      ------------------------------------  ----------------------------------- 
 b)    Nature of the transaction             Grant of share options 
      ------------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)   Volume(s) 
                                                0.00       600,000 
      ------------------------------------  ----------------------------------- 
 d)    Aggregated information                N/A 
      ------------------------------------  ----------------------------------- 
 e)    Date of the transaction               14 F ebruary 2023 
      ------------------------------------  ----------------------------------- 
 f)    Place of the transaction              Outside of a trading venue 
      ------------------------------------  ----------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                                  Suzanne Hancock 
      ------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                       Head of Operations 
      ------------------------------------  ----------------------------------- 
 b)    Initial notification                  Initial notification 
        /Amendment 
      ------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                  ReNeuron Group plc 
      ------------------------------------  ----------------------------------- 
 b)    LEI                                   2138003TU12CQ5TZO137 
      ------------------------------------  ----------------------------------- 
 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                        Ordinary Shares 1p 
        the financial instrument,             RENE - GB00BF5G6K95 
        type of instrument 
        Identification 
        code 
      ------------------------------------  ----------------------------------- 
 b)    Nature of the transaction             Grant of share options 
      ------------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)                  Price(s)   Volume(s) 
                                                0.00       400,000 
      ------------------------------------  ----------------------------------- 
 d)    Aggregated information                N/A 
      ------------------------------------  ----------------------------------- 
 e)    Date of the transaction               14 February 2023 
      ------------------------------------  ----------------------------------- 
 f)    Place of the transaction              Outside of a trading venue 
      ------------------------------------  ----------------------------------- 
 

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February 15, 2023 02:00 ET (07:00 GMT)

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