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HVO Hvivo Plc

28.00
0.75 (2.75%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hvivo Plc LSE:HVO London Ordinary Share GB00B9275X97 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.75 2.75% 28.00 27.60 28.00 27.80 27.25 27.25 2,093,935 16:35:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 56.04M 16.12M 0.0237 11.73 185.4M

Venn Life Sciences Holdings PLC Grant of Options (3854D)

28/01/2015 12:05pm

UK Regulatory


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TIDMVENN

RNS Number : 3854D

Venn Life Sciences Holdings PLC

28 January 2015

28 January 2015

Venn Life Sciences Holdings Plc

("Venn" or the "Company")

Grant of Share Options

& Total Voting Rights

Venn Life Sciences (AIM: VENN), a growing Clinical Research Organisation (CRO) providing clinical trial management and resourcing solutions to pharmaceutical, biotechnology and medical device clients, announces that it has today granted options over 2,870,000 ordinary shares representing to 10.12% of the current issued share capital.

Included in these options are options over 1,680,000 ordinary shares that have been granted to certain Directors (the "Director Options"), details of which are below:

 
 Director                           No. of ordinary          Percentage of   Exercise   Exercise period 
                                       shares under           issued share      price 
                                             option    capital represented 
                                                            by the options 
 
                                                                                        From 28 January 
                                                                                          2018 until 27 
 Tony Richardson                            910,000                  3.21%        25p      January 2025 
                                                                                        From 28 January 
                                                                                          2018 until 27 
 Gracielle Beijerbacht-Schutjens            770,000                  2.72%        25p      January 2025 
 

The Director Options vest when the share price reaches 40p per share.

The remaining options over 1,190,000 ordinary shares are being granted to a number of Venn Life Sciences employees. They are intended to reward commitment and loyalty, will be exercisable between the third and tenth anniversary of grant and have no performance criteria.

Following this grant the Company has granted options over 2,870,000 ordinary shares and has no intention to further increase the percentage of its issued share capital under option.

Total Voting Rights Correction

This announcement also corrects the figure for Total Voting Rights which was previously contained in an announcement on 8 September 2014. The Company's issued share capital consists of 28,359,221 ordinary shares. There are no ordinary shares held in treasury. Therefore, in accordance with the FCA's Disclosure and Transparency Rule 5.6.1, the Company confirms that the total number of voting rights in the Company are 28,359,221.

 
Venn Life Sciences Holdings Plc                             www.vennlifesciences.com 
Tony Richardson, Chief Executive                                Tel: +353 154 99 341 
 Officer 
Orla Mc Guinness, Marketing Manager                             Tel: +353 153 73 269 
 
Zeus Capital (Nominated Adviser 
 and Broker) 
Ross Andrews/ Andrew Jones                                  Tel: +44 (0)161 831 1512 
Dominic Wilson                                              Tel: +44 (0)20 7533 7727 
 
Walbrook PR Ltd                      Tel: +44 (0)20 7933 8780 or venn@walbrookpr.com 
Paul McManus                                                Mob: +44 (0)7980 541 893 
Lianne Cawthorne                                            Mob: +44 (0)7584 391 303 
 

About Venn Life Sciences Limited:

Venn Life Sciences is a Clinical Research Organisation providing clinical trial management and resourcing solutions to pharmaceutical, biotechnology and medical device organisations. With dedicated operations in France, Germany, the Netherlands, the UK, Ireland and Europe wide representation - Venn specialises in rapid deployment and management of multisite projects. Venn recently established an innovation division - Innovenn - focused primarily on breakthrough development opportunities in Skin Science.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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