PureTech Health PLC Director/PDMR Shareholding (5516S)

TIDMPRTC

RNS Number : 5516S

PureTech Health PLC

22 December 2016

PDMR DEALING NOTIFICATION

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Joseph Bolen 
---  --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Scientific Officer 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
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 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      PureTech Health plc 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       N/A 
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 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 financial instrument, type of          An option over ordinary shares of 
      instrument                                                  one pence each in the capital of 
      Identification code                                         PureTech Health plc ("Ordinary Shares") 
 
                                                                 Option over Ordinary Shares with ISIN GB00BY2Z0H74 
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 b)   Nature of the transaction                                 Pursuant to the terms of his Employment Agreement 
                                                                dated October 19, 2016, on December 21, 
                                                                2016 PureTech Health plc granted a share option to 
                                                                Joseph Bolen in respect of 309,344 Ordinary 
                                                                Shares. 
                                                                The option will vest in the following manner: 25% to 
                                                                vest on October 19, 2017, and remaining 
                                                                75% shall vest in equal semi-annual instalments over 
                                                                the three years following October 19, 
                                                                2017; provided that the option holder continues to be 
                                                                employed by PureTech Health plc on each 
                                                                such vesting date. 
                                                                The option has an exercise price of 117 pence per 
                                                                share. 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ---------- 
                                                                  Nil         309,344 
                                                                 ----------  ---------- 
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 d)   Aggregated information-  Aggregated volume 
                                                                  N/A 
       -  Price 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2016 December 21 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
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This information is provided by RNS

The company news service from the London Stock Exchange

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December 22, 2016 02:00 ET (07:00 GMT)