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DXRX Diaceutics Plc

103.50
0.50 (0.49%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Diaceutics Plc LSE:DXRX London Ordinary Share GB00BJQTGV64 ORD GBP0.002
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.49% 103.50 103.00 104.00 103.50 103.50 103.50 17,933 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Testing Laboratories 19.5M 724k 0.0086 119.77 87.01M

Diaceutics PLC Share Options and PDMR Shareholdings (1410N)

27/05/2022 4:31pm

UK Regulatory


Diaceutics (LSE:DXRX)
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TIDMDXRX

RNS Number : 1410N

Diaceutics PLC

27 May 2022

27 May 2022

Diaceutics PLC

("Diaceutics" or "the Company")

Issue of and changes to Share Options/PDMR Shareholdings

Diaceutics PLC (AIM: DXRX), the diagnostic commercialisation company, announces the issue of 200,000 share options over ordinary shares of GBP0.002 each in the Company ("Share Options") to certain directors and members of the Company's senior management team as part of their remuneration package and pursuant to the Company's Employee Share Option Plan ("ESOP"), and provides an update on the arrangements for the share options held by Philip White.

Share Options were granted as follows:

 
 Name                    Number of        Total no. of  % of existing    Effective 
                     Share Options     ordinary shares   issued share   Grant date 
                           granted   under option post        capital 
                                                 grant 
 Nick Roberts, 
  CFO                       50,000              91,838          0.10%  27 May 2022 
                    --------------  ------------------  -------------  ----------- 
 Julie Browne, 
  COO and PDMR              50,000             101,938          0.12%  27 May 2022 
                    --------------  ------------------  -------------  ----------- 
 Stefan McDonald, 
  CGO and PDMR              50,000             131,722          0.16%  27 May 2022 
                    --------------  ------------------  -------------  ----------- 
 Other employees 
  (1 person)                50,000              96,051          0.11%  27 May 2022 
                    --------------  ------------------  -------------  ----------- 
 

The Share Options issued to the Director and CFO, Nick Roberts, vest over three years from the point of employment start (being 18(th) March 2022) and are subject to continued employment.

The Share Options issued to Julie Browne and the other employee vest in tranches over a three-year period from the point of employment start (being 14(th) March 2022 and 1(st) January 2022 respectively), and to Stefan McDonald from the date of his promotion to the Company's senior management team (being 1(st) September 2021) and are subject to continued employment.

The exercise price of the Share Options granted is GBP0.002 per share which equates to the nominal value of the shares.

Following this grant, the total number of share options outstanding in the Company is 3,308,118, representing approximately 3.92% of its current issued share capital of 84,472,431 .

Further to the announcement on 11 January 2022 and, as part of the orderly handover of duties Phillip White (former CFO and Director) is facilitating , the Board has agreed that all his outstanding share options would vest immediately (including those which are currently out of the money). As provided in the scheme rules, these options are require to be exercised within 90 days of vesting.

Phillip White's outstanding share options are as follows:

 
     Number of  Grant date        Exercise         Original       Original vesting 
 Share Options               price (pence)   vesting period             conditions 
   outstanding 
                  17 April 
       180,000        2020           126.5          3 years   Continued employment 
                ----------  --------------  ---------------  --------------------- 
                                                                 Total Shareholder 
                  20 April                                    Return and continued 
        64,154        2021             0.2          3 years             employment 
                ----------  --------------  ---------------  --------------------- 
 

The above arrangements with Philip White constitute a related party transaction under the AIM Rules for Companies. The directors, excluding Philip White who is no longer a director, consider, having consulted with the Company's nominated adviser, Stifel Nicolaus Europe Limited, that the terms of the transaction are fair and reasonable insofar as the Company's shareholders are concerned.

Enquiries:

 
Diaceutics PLC 
Peter Keeling, Chief Executive Officer                       Via Alma PR 
Nick Roberts, Chief Financial Officer 
 
Stifel Nicolaus Europe Limited (Nomad & Broker)      Tel: +44 (0)20 7710 
                                                                    7600 
Ben Maddison, Stewart Wallace, Nick Adams 
 
Alma PR                                               Tel: +44(0)20 3405 
                                                                    0205 
Caroline Forde, Kieran Breheny, Matthew Young    diaceutics@almapr.co.uk 
 

About Diaceutics

At Diaceutics we believe that every patient should have access to the right treatment at the right time. We provide the world's leading pharmaceutical companies with an end-to-end solution for the launch of precision medicine diagnostics enabled by DXRX - The Diagnostic Network(R).

DXRX is the world's first diagnostic commercialisation platform for precision medicine, integrating multiple pipelines of real-world diagnostic testing data from a global network of laboratories.

 
 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                                   Nick Roberts 
                                              ----------------------------------------------- 
 2      Reason for notification 
       -------------------------------------  ----------------------------------------------- 
 a.     Position/Status                        CFO, Director 
       -------------------------------------  ----------------------------------------------- 
 b.     Initial notification/                  Initial 
         Amendment 
                                              ----------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
 a.     Name                                   Diaceutics PLC 
       ------------------------------------- 
 b.     LEI                                    213800VEWQBB39ZB8J81 
       -------------------------------------  ----------------------------------------------- 
 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                         Options over new ordinary shares of 0.2 
         the financial                          p each 
         instrument, type 
         of instrument                          ISIN: GB00BJQTGV64 
 
         Identification 
         Code 
       -------------------------------------  ----------------------------------------------- 
 b.     Nature of the                          Grant of share options 
         transaction 
       -------------------------------------  ----------------------------------------------- 
 
 c.     Price(s) and volume(s)                  Price(s)                    Volume(s) 
       -------------------------------------   -------------------------- 
    Exercise price 
     of 0.2p per 
     share                                                                  50,000 
   ----------------------------------------------------------------------  --------------- 
 
 e.     Date of the transaction                26 May 2022 
       -------------------------------------  ----------------------------------------------- 
 f.     Place of the transaction               Outside a trading venue 
       -------------------------------------  ----------------------------------------------- 
 
 
 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                                   Julie Browne 
                                              ----------------------------------------------- 
 2      Reason for notification 
       -------------------------------------  ----------------------------------------------- 
 a.     Position/Status                        COO and PDMR 
       -------------------------------------  ----------------------------------------------- 
 b.     Initial notification/                  Initial 
         Amendment 
                                              ----------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
 a.     Name                                   Diaceutics PLC 
       ------------------------------------- 
 b.     LEI                                    213800VEWQBB39ZB8J81 
       -------------------------------------  ----------------------------------------------- 
 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                         Options over new ordinary shares of 0.2 
         the financial                          p each 
         instrument, type 
         of instrument                          ISIN: GB00BJQTGV64 
 
         Identification 
         Code 
       -------------------------------------  ----------------------------------------------- 
 b.     Nature of the                          Grant of share options 
         transaction 
       -------------------------------------  ----------------------------------------------- 
 
 c.     Price(s) and volume(s)                  Price(s)                    Volume(s) 
       -------------------------------------   -------------------------- 
    Exercise price 
     of 0.2p per 
     share                                                                  50,000 
   ----------------------------------------------------------------------  --------------- 
 
 e.     Date of the transaction                26 May 2022 
       -------------------------------------  ----------------------------------------------- 
 f.     Place of the transaction               Outside a trading venue 
       -------------------------------------  ----------------------------------------------- 
 
 
 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                                   Stefan McDonald 
                                              ----------------------------------------------- 
 2      Reason for notification 
       -------------------------------------  ----------------------------------------------- 
 a.     Position/Status                        CGO and PDMR 
       -------------------------------------  ----------------------------------------------- 
 b.     Initial notification/                  Initial 
         Amendment 
                                              ----------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
 a.     Name                                   Diaceutics PLC 
       ------------------------------------- 
 b.     LEI                                    213800VEWQBB39ZB8J81 
       -------------------------------------  ----------------------------------------------- 
 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                         Options over new ordinary shares of 0.2 
         the financial                          p each 
         instrument, type 
         of instrument                          ISIN: GB00BJQTGV64 
 
         Identification 
         Code 
       -------------------------------------  ----------------------------------------------- 
 b.     Nature of the                          Grant of share options 
         transaction 
       -------------------------------------  ----------------------------------------------- 
 
 c.     Price(s) and volume(s)                  Price(s)                    Volume(s) 
       -------------------------------------   -------------------------- 
    Exercise price 
     of 0.2p per 
     share                                                                  50,000 
   ----------------------------------------------------------------------  --------------- 
 
 e.     Date of the transaction                26 May 2022 
       -------------------------------------  ----------------------------------------------- 
 f.     Place of the transaction               Outside a trading venue 
       -------------------------------------  ----------------------------------------------- 
 
 
 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                                   Philip White 
                                              ------------------------------------------------ 
 2      Reason for notification 
       -------------------------------------  ------------------------------------------------ 
 a.     Position/Status                        PDMR 
       -------------------------------------  ------------------------------------------------ 
 b.     Initial notification/                  Initial 
         Amendment 
                                              ------------------------------------------------ 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
 a.     Name                                   Diaceutics PLC 
       ------------------------------------- 
 b.     LEI                                    213800VEWQBB39ZB8J81 
       -------------------------------------  ------------------------------------------------ 
 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                         Options over new ordinary shares of 0.2 
         the financial                          p each 
         instrument, type 
         of instrument                          ISIN: GB00BJQTGV64 
 
         Identification 
         Code 
       -------------------------------------  ------------------------------------------------ 
 b.     Nature of the                          Change of original vesting conditions of 
         transaction                            share options 
       -------------------------------------  ------------------------------------------------ 
 
 c.     Price(s) and volume(s)                  Price(s)                    Volume(s) 
       -------------------------------------   -------------------------- 
    Exercise price 
     of 126.5p per 
     share                                                                  180,000 
   ----------------------------------------------------------------------  ---------------- 
    Exercise price 
     of 0.2p per 
     share                                                                  64,154 
   ----------------------------------------------------------------------  ---------------- 
 
 e.     Date of the transaction                26 May 2022 
       -------------------------------------  ------------------------------------------------ 
 f.     Place of the transaction               Outside a trading venue 
       -------------------------------------  ------------------------------------------------ 
 

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May 27, 2022 11:31 ET (15:31 GMT)

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