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IXI Ixico Plc

8.375
-0.275 (-3.18%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ixico Plc LSE:IXI London Ordinary Share GB00BFXR4C20 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.275 -3.18% 8.375 8.25 8.50 8.375 8.375 8.375 20,060 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

IXICO plc Grant of Share Options (3797W)

09/02/2017 7:00am

UK Regulatory


Ixico (LSE:IXI)
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TIDMIXI

RNS Number : 3797W

IXICO plc

09 February 2017

9 February 2017

IXICO plc

("IXICO" or the "Company")

Share option grant to Directors

IXICO plc (AIM: IXI) ('IXICO' or the 'Company'), the brain health company, today announces that on 7 February 2017 the Remuneration Committee agreed to grant options to the Company's Executive Directors and employees in accordance with the rules of the Company's EMI Share Option Plan 2014(the 'Plan') exercisable at a price of 36.5p.

The award of options under the Plan are over the ordinary shares in the Company and are subject to performance conditions. The options will vest upon the achievement of strategic corporate goals in respect of commercialisation of the Company's products and/or services or a significant corporate development transaction within three years of the date of grant.

The total number of options being issued at this time is 1,044,698. The following table sets out the details of the options that have been granted to the Executive Directors:

 
 Name of Director    Number of   Total number       Percentage of 
                      options     of options held    issued share 
                      granted                        capital under 
                                                     option 
------------------  ----------  -----------------  --------------- 
 Giulio Cerroni        676,582            676,582             2.5% 
------------------  ----------  -----------------  --------------- 
 Derek Hill             80,000            540,236             2.0% 
------------------  ----------  -----------------  --------------- 
 Susan Lowther          80,000            490,196             1.8% 
------------------  ----------  -----------------  --------------- 
 

For further information please contact:

 
 IXICO plc 
  Charles Spicer, Non-Executive Chairman    Tel: +44 20 3763 
  Susan Lowther, Chief Financial Officer    7499 
  and Company Secretary 
 Shore Capital (Nomad and Broker)            Tel: +44 20 
  Bidhi Bhoma / Edward Mansfield              7408 4090 
 
 FTI Consulting Limited (Investor            Tel: +44 20 
  Relations)                                  3727 1000 
  Simon Conway/Mo Noonan/Matthew Moss 
 
 

About IXICO

IXICO's innovative and proprietary digital healthcare technologies help those involved in researching and treating serious diseases to capture and analyse clinical data to make rapid, informed decisions. In clinical research this includes the phenotyping of patients, quantification of disease pathology and measurement of patient outcomes. In clinical practice the mobile health and digital decision support technologies aid diagnosis, patient engagement and monitoring. IXICO is also collaborating with partners to develop companion digital health products targeted at improving patient outcomes.

The Company's brain health focus includes Alzheimer's disease, Huntington's disease, multiple sclerosis, Parkinson's disease, behavioural health, child and adolescent mental health.

More information is available on www.ixico.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUWANRBVAURAR

(END) Dow Jones Newswires

February 09, 2017 02:00 ET (07:00 GMT)

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