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OPTI Optibiotix Health Plc

18.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Optibiotix Health Plc LSE:OPTI London Ordinary Share GB00BP0RTP38 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.00 17.50 18.50 18.00 18.00 18.00 31,591 07:49:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Noncomml Resh Organizations 457k 2.59M 0.0284 6.34 16.41M

OptiBiotix Health PLC Grant of Options (2597K)

06/07/2017 7:00am

UK Regulatory


Optibiotix Health (LSE:OPTI)
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TIDMOPTI

RNS Number : 2597K

OptiBiotix Health PLC

06 July 2017

OptiBiotix Health plc

("OptiBiotix" or the Company")

Grant of Options

OptiBiotix Health plc (AIM: OPTI), a life sciences business developing compounds to tackle obesity, high cholesterol, diabetes and skin care, announces the grant of options to Per Rehné and Christina Wood, both Directors of the Company at an exercise price of 69.5p. Full details of the options agreement for the relevant parties are set out in the table below.

 
 
  Per Rehné 
-------------------------------  ---------------- 
 Number of Shares under option    500,000 
-------------------------------  ---------------- 
 Exercise Price                   69.5p 
-------------------------------  ---------------- 
 Expiration date                  23 June 2027 
-------------------------------  ---------------- 
 Interests following grant        500,000 options 
  (shares/options) 
-------------------------------  ---------------- 
 
 
 Christina Wood 
-------------------------------  ---------------- 
 Number of Shares under option    500,000 
-------------------------------  ---------------- 
 Exercise Price                   69.5p 
-------------------------------  ---------------- 
 Expiration date                  23 June 2027 
-------------------------------  ---------------- 
 Interests following grant        500,000 options 
  (shares/options) 
-------------------------------  ---------------- 
 

Under the terms of the agreement the options are exercisable on meeting commercial targets including cumulative revenues for each area of director's responsibility.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 
  Notification of a Transaction pursuant to Article 
   19(1) of Regulation (EU) No. 596/2014 
----------------------------------------------------------------------------- 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ---------------------------------------------------------------------- 
 a.     Name                             Per Rehné 
-----  -------------------------------  ------------------------------------- 
 2      Reason for notification 
-----  -------------------------------  ------------------------------------- 
 a.     Position/Status                  PDMR 
-----  -------------------------------  ------------------------------------- 
 b.     Initial notification/            Initial Notification 
         Amendment 
-----  -------------------------------  ------------------------------------- 
 3      Details of the issuer, emission allowance market 
         participant, auction platform, auctioneer or 
         auction monitor 
-----  ---------------------------------------------------------------------- 
 a.     Name                             OptiBiotix Health Plc 
-----  -------------------------------  ------------------------------------- 
 b.     LEI                              N/A 
-----  -------------------------------  ------------------------------------- 
 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 the               Options over 500,000 ordinary 
         financial instrument,            shares of 2p each 
         type of instrument 
 
         Identification Code 
                                          ISIN: GB00BP0RTP38 
-----  -------------------------------  ------------------------------------- 
 b.     Nature of the transaction        Award of option to purchase 
                                          ordinary shares of the Company. 
                                          Following the transaction, 
                                          Mr Per Rehné has an 
                                          interest in options 500,000 
                                          over ordinary shares. 
-----  -------------------------------  ------------------------------------- 
 
 c.     Price(s) and volume(s)           Price(s)          Volume(s) 
-----  -------------------------------  ----------------  ----------------- 
                                         69.5p             500,000 
                                        ----------------  ----------------- 
 
        Aggregated information 
 
         - Aggregated Volume               500,000 
 
 d.      - Price                           69.5p 
-----  -------------------------------  ------------------------------------- 
 e.     Date of the transaction          29 June 2017 
-----  -------------------------------  ------------------------------------- 
 f.     Place of the transaction         London Stock Exchange, AIM 
-----  -------------------------------  ------------------------------------- 
 
 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
-------------------------------------------------------------------------------- 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ------------------------------------------------------------------------- 
 a.     Name                           Christina Wood 
                                      ------------------------------------------ 
 2      Reason for 
         notification 
-----  -----------------------------  ------------------------------------------ 
 a.     Position/Status                PDMR 
-----  -----------------------------  ------------------------------------------ 
 b.     Initial notification/          Initial Notification 
         Amendment 
-----  -----------------------------  ------------------------------------------ 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
       ------------------------------------------------------------------------- 
 a.     Name                           OptiBiotix Health Plc 
-----  -----------------------------  ------------------------------------------ 
 b.     LEI                            N/A 
-----  -----------------------------  ------------------------------------------ 
 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                    Options over 500,000 ordinary 
         of the financial               shares of 2p each 
         instrument, 
         type of instrument 
 
         Identification                 ISIN: GB00BP0RTP38 
         Code 
-----  -----------------------------  ------------------------------------------ 
 b.     Nature of the                  Award of option to purchase ordinary 
         transaction                    shares of the Company. Following 
                                        the transaction, Mrs Christina 
                                        Wood has an interest in options 
                                        500,000 over ordinary shares. 
-----  -----------------------------  ------------------------------------------ 
 
 c.     Price(s) and                   Price(s)             Volume(s) 
         volume(s) 
-----  -----------------------------  -------------------  ------------------ 
                                       69.5p                500,000 
                                      -------------------  ------------------ 
 
        Aggregated 
         information 
 
         - Aggregated 
         Volume                          500,000 
 
 d.      - Price                         69.5p 
-----  -----------------------------  ------------------------------------------ 
 e.     Date of the                    29 June 2017 
         transaction 
-----  -----------------------------  ------------------------------------------ 
 f.     Place of the                   London Stock Exchange, AIM 
         transaction 
-----  -----------------------------  ------------------------------------------ 
 
 

Stephen O'Hara, CEO of OptiBiotix, commented: "We are pleased to announce the grant of options to Commercial Director Per Rehne, and Sales and Marketing Director Christina Wood, who are leading the commercialisation of OptiBiotix's products in global markets. Christina is leading the commercialisation of SlimBiome whilst Per is leading the commercialisation of LP(LDL..) The options are exercisable on achieving a number of cumulative revenue milestones for each area of director's responsibility designed to focus both efforts and activity on rapidly growing revenues."

For further information, please contact:

 
 OptiBiotix Health plc                                                  www.optibiotix.com 
 Stephen O'Hara, Chief Executive                                               Contact via 
                                                                            Walbrook below 
 
 Cairn Financial Advisers LLP (NOMAD)                                        Tel: 020 7213 
                                                                                      0880 
 Liam Murray / Jo Turner 
 
   finnCap (Broker)                                                          Tel: 020 7220 
                                                                                      0500 
 Adrian Hargrave / Scott Mathieson 
  / Kate Bannatyne (Corporate Finance) 
 Tony Quirke (Corporate Broking) 
 
 Walbrook PR Ltd                          Tel: 020 7933 8780 or optibiotix@walbrookpr.com 
 Anna Dunphy                                                                Mob: 07876 741 
                                                                                       001 
 
 

About OptiBiotix - www.optibiotix.com

OptiBiotix was formed in March 2012 to develop compounds which modify the human microbiome - the collective genome of the microbes in the body - to prevent and manage human disease.

The aim of OptiBiotix is to discover and develop microbial strains, compounds and formulations, which modulate the human microbiome and can be used as food ingredients and supplements or active compounds for the prevention and management of human metabolic diseases, examples of which include obesity, cholesterol and lipid distribution and diabetes.

OptiBiotix has established a pipeline of microbiome modulators that can impact on lipid and cholesterol management, energy harvest and appetite suppression. The development pipeline is fuelled by its proprietary OptiScreen(R) and OptiBiotic(R) platform technologies designed to identify metabolic pathways and compounds that impact on human physiology and bring potential health benefits. These platforms are applicable across a wider range of other human diseases.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHSSWEFIFWSELW

(END) Dow Jones Newswires

July 06, 2017 02:00 ET (06:00 GMT)

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