Bioquell PLC Director/PDMR Shareholding (1384Z)

TIDMBQE

RNS Number : 1384Z

Bioquell PLC

10 March 2017

Bioquell Plc

('Bioquell' or the 'Company')

Grant of Options

Further to the announcement on 24 November 2016, relating to the approval by shareholders of a Performance Share Plan ("PSP"), Bioquell plc (LSE: BQE) announces that nil cost options over 667,000 Ordinary Shares of 10 pence each ('Ordinary Shares') have been granted to Ian Johnson, Executive Chairman. Nil cost options over 90,000 Ordinary Shares have been granted to Michael Roller, Finance Director. A forfeitable shares award of 333,000 Ordinary Shares has been made to Jay LeCoque, Commercial Director.

These grants represent in aggregate approximately 4.95% of the current issued share capital and are in accordance with the rules of the PSP. The options and forfeitable shares shall vest and the options shall become exercisable on a change of control within 3 years of the date of grant at a price of more than GBP2 per share.

Jay LeCoque and Ian Johnson have no further interest in the share capital of the Company. Michael Roller also holds 9,623 Ordinary Shares and has options over a further 317,980 Ordinary Shares at prices between 85p and 92.5p.

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)  Name                             Ian Johnson 
2   Reason for the notification - Award of options 
     under Performance Share Plan 
a)  Position/status                  Chairman 
b)  Initial notification /Amendment  Initial notification 
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 
a)  Description of the financial     Options over Ordinary 
     instrument,                      Shares of GBP0.10 
     type of instrument               GB0004992003 
     Identification code 
b)  Nature of the transaction        Grant of options 
c)  Price(s) and volume(s)           Price(s)                Volume(s) 
                                      Nil paid, no exercise 
                                       price                  667,000 
d)  Aggregated information 
     - Aggregated volume              N/A - single transaction 
     - Price 
e)  Date of the transaction          10 March 2017 
f)  Place of the transaction         n/a 
d)  Aggregated information 
     - Aggregated volume              N/A - single transaction 
     - Price 
e)  Date of the transaction          10 March 2017 
f)  Place of the transaction         Off market 
 
 
1   Details of the person discharging managerial 
     responsibilities / person closely associated 
a)  Name                             Michael Roller 
2   Reason for the notification - Award of options 
     under Performance Share Plan 
a)  Position/status                  Finance Director 
b)  Initial notification /Amendment  Initial notification 
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 
a)  Description of the financial       Options over Ordinary 
     instrument, type of instrument     Shares of GBP0.10 
     Identification code                GB0004992003 
b)  Nature of the transaction          Grant of options 
c)  Price(s) and volume(s)             Price(s)                Volume(s) 
                                        Nil paid, no exercise 
                                         price                  90,000 
d)  Aggregated information 
     - Aggregated volume                N/A - single transaction 
     - Price 
e)  Date of the transaction            10 March 2017 
f)  Place of the transaction           n/a 
d)  Aggregated information 
     - Aggregated volume                N/A - single transaction 
     - Price 
e)  Date of the transaction            10 March 2017 
f)  Place of the transaction           Off market 
 
 
 
1   Details of the person discharging managerial 
     responsibilities / person closely associated 
a)  Name                               Jay LeCoque 
2   Reason for the notification - Award of forfeitable 
     shares under Performance Share Plan 
a)  Position/status                    Commercial Director 
b)  Initial notification /Amendment    Initial notification 
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 
a)  Description of the financial     Options over Ordinary 
     instrument, type of instrument   Shares of GBP0.10 
     Identification code              GB0004992003 
b)  Nature of the transaction        Award of forfeitable 
                                      shares 
c)  Price(s) and volume(s)           Price(s)                Volume(s) 
                                      Nil paid, no exercise 
                                       price                  333,000 
d)  Aggregated information 
     - Aggregated volume              N/A - single transaction 
     - Price 
e)  Date of the transaction          10 March 2017 
f)  Place of the transaction         n/a 
d)  Aggregated information 
     - Aggregated volume              N/A - single transaction 
     - Price 
e)  Date of the transaction          10 March 2017 
f)  Place of the transaction         Off market 
 
 

For further information:

 
Bioquell Plc 
Ian Johnson, Executive Chairman  Tel: [phone] 
 Michael Roller, Finance 
 Director 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 10, 2017 05:18 ET (10:18 GMT)