Ergomed plc Exercise of Options & Issue of Equity (8557O)

TIDMERGO

RNS Number : 8557O

Ergomed plc

01 February 2019

PRESS RELEASE

FOR IMMEDIATE RELEASE

Exercise of Options and Issue of Equity

Guildford, UK - 1 February 2019: Ergomed plc (LSE: ERGO) ('Ergomed' or 'the Company'), a company focused on providing specialised services to the pharmaceutical industry, has issued and allotted 1,000,000 new ordinary shares of 1p each in the Company ("New Ordinary Shares") following the exercise by a former employee of options awarded under the Company's Unapproved Executive Share Option Scheme 2007.

Accordingly, an application has been made for the 1,000,000 New Ordinary Shares to be admitted to trading on AIM ('Admission'). It is expected that Admission will occur at 8:00 a.m. on 5 February 2019. The New Ordinary Shares will rank pari passu with the existing ordinary shares in the Company.

Following Admission, the Company's enlarged issued share capital will comprise 46,016,438 ordinary shares with one voting right per share. No shares are held in Treasury. The total number of voting rights in the Company is therefore 46,016,438.

This figure of 46,016,438 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

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Enquiries:

 
 Ergomed plc                                           Tel: [phone] 
 Dr Miroslav Reljanovic (Executive Chairman) 
 Stuart Jackson (Chief Financial Officer) 
 
 Numis Securities Limited                             Tel: [phone] 
 Michael Meade / Freddie Barnfield (Nominated 
  Adviser) 
 James Black (Broker) 
 
 Consilium Strategic Communications - for             Tel: [phone] 
  UK enquiries 
 Chris Gardner / Mary-Jane Elliott                  [e-mail] 
 Matthew Neal / Olivia Manser 
 
 MC Services - for Continental European enquiries        Tel: [phone] 
 Anne Hennecke 
 

About Ergomed plc

Ergomed provides specialist services to the pharmaceutical industry spanning all phases of clinical development, post-approval pharmacovigilance and medical information. Ergomed's fast-growing, profitable services offering encompasses a complete suite of specialist pharmacovigilance solutions, integrated under the PrimeVigilance brand, in addition to a full range of high quality contract research and trial management services (CRO). Leveraging its CRO expertise, Ergomed also has a drug development portfolio of co-development partnerships and wholly-owned programmes. For further information, visit: http://ergomedplc.com

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February 01, 2019 06:31 ET (11:31 GMT)