Bioquell PLC Director/PDMR Shareholding (9361L)

TIDMBQE

RNS Number : 9361L

Bioquell PLC

06 October 2016

6 October 2016

Bioquell plc

("Bioquell" or the "Company")

Grant of Options

Bioquell announces that, on 4 October 2016, the Company granted options ("Options") over a total of 385,000 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") pursuant to the Company's Unapproved and Approved Share Option Plans. Of these Options, 35,000 were granted to a Person Discharging Managerial Responsibilities ("PDMRs") on behalf of the Company, with 350,000 granted to ten other employees.

All Options will vest on 3 October 2019 subject to achievement by the individual recipient of continuous employment, except that they will vest automatically upon the sale of the Company. The Options are exercisable at 132.5 pence per Ordinary Share, with an expiry date for exercise of 3 October 2026 (for those options granted under the Approved CSOP Scheme) and 3 October 2023 (for those options granted under the Unapproved Scheme).

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 person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------- 
 a)   Names                    Georgina Pope - Company Secretary 
---  -----------------------  ------------------------------------ 
 2    Reason for the notification 
---  ------------------------------------------------------------- 
 a)   Position/status          See 1(a) above for positions 
                                - classified as a PDMR of Bioquell 
---  -----------------------  ------------------------------------ 
 b)   Initial notification     Initial Notification 
       /Amendment 
---  -----------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ------------------------------------------------------------- 
 a)   Name                     Bioquell plc 
---  -----------------------  ------------------------------------ 
 b)   LEI                      2138 005 BQVKIZE 84122 
---  -----------------------  ------------------------------------ 
 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              The grant of Options on 4 October 
       of the financial         2016 over Ordinary Shares 
       instrument, 
       type of instrument 
---  -----------------------  ------------------------------------ 
 b)   Identification           GB0004992003 
       code 
---  -----------------------  ------------------------------------ 
 c)   Nature of the            Grant of Options over Ordinary 
       transaction              Shares pursuant to the Company's 
                                CSOP and Unapproved Share Option 
                                plans 
---  -----------------------  ------------------------------------ 
 d)   Price(s) and             Price - 132.5p 
       volume(s)                Volume(s) 
                                Georgina Pope - 35,000 Options 
---  -----------------------  ------------------------------------ 
 d)   Aggregated information    N/a 
       - Aggregated 
       volume 
       - Price 
---  -----------------------  ------------------------------------ 
 e)   Date of the              4 October 2016 
       transaction 
---  -----------------------  ------------------------------------ 
 f)   Place of the             Outside a trading venue 
       transaction 
---  -----------------------  ------------------------------------ 
 

Name of authorised official of issuer responsible for making notification.

Georgina Pope

Company Secretary to Bioquell plc

For further information:

 
Bioquell plc            Tel: [phone] 
Michael Roller, FD 
Georgina Pope, Company 
 Secretary 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 06, 2016 12:04 ET (16:04 GMT)