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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Synairgen Plc | LSE:SNG | London | Ordinary Share | GB00B0381Z20 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.27 | 4.00% | 7.02 | 6.66 | 7.38 | 30,505 | 16:35:17 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Pharmaceutical Preparations | 0 | -17.65M | -0.0876 | -0.77 | 13.59M |
TIDMSNG
RNS Number : 9515A
Synairgen plc
07 June 2021
Press Release
Synairgen plc
('Synairgen' or the 'Company')
Grant of options
Southampton, UK - 7 June 2021: Synairgen plc (LSE: SNG), the respiratory drug discovery and development company, announces that on 4 June 2021 the Board of Synairgen granted options ('Options') over 831,725 ordinary shares of one pence each in the capital of the Company ('Ordinary Shares') at an exercise price of one pence per Ordinary Share. The Options represent in aggregate 0.42 per cent. of the Company's issued share capital.
Following this grant, Synairgen has 9,503,004 options in issue, representing 4.75 per cent. of the Company's issued share capital.
Included in the number of Options granted on 4 June 2021, the following Options were issued to directors:
Director Options Issued Richard Marsden 135,626 --------------- Dr. Phillip Monk 97,953 --------------- John Ward 105,487 ---------------
Following the issue of the Options, the interests of the directors of the Company at
4 June 2021 are as follows:
Percentage holding of fully Ordinary diluted Director Total options shares Total interest share capital Richard Marsden 2,817,576 754,667 3,572,243 1.71% -------------- ---------- --------------- --------------- Dr. Phillip Monk 2,046,535 244,600 2,291,135 1.09% -------------- ---------- --------------- --------------- John Ward 2,262,106 514,907 2,777,013 1.33% -------------- ---------- --------------- --------------- Simon Shaw - 1,531,239 1,531,239 0.73% -------------- ---------- --------------- --------------- Iain Buchanan - 112,741 112,741 0.05% -------------- ---------- --------------- --------------- Dr. Bruce Campbell - 322,830 322,830 0.15% -------------- ---------- --------------- --------------- Prof. Sir Stephen Holgate - 886,931 886,931 0.42% -------------- ---------- --------------- ---------------
In addition, Jody Brookes, Richard Hennings and Victoria Tear, persons disclosing managerial responsibilities, were granted 62,460, 242,568 and 49,968 Options respectively on the same terms as above. The balance of the Options were granted to a number of employees.
The Options are issued under the Company's Long Term Incentive Plans and are exercisable up to 3 June 2031, subject to the achievement of appropriate performance criteria.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No. 596/2014 ('MAR')
For further information, please contact:
Synairgen plc
Richard Marsden, Chief Executive Officer
John Ward, Chief Financial Officer
Tel: + 44 (0) 23 8051 2800
finnCap (NOMAD and Joint Broker)
Geoff Nash, Kate Bannatyne, Charlie Beeson (Corporate Finance)
Alice Lane, Sunil de Silva (ECM)
Tel: + 44 (0) 20 7220 0500
Numis Securities Limited (Joint Broker)
James Black, Freddie Barnfield, Duncan Monteith
Tel: + 44 (0) 20 7260 1000
Consilium Strategic Communications (Financial Media and Investor
Relations)
Mary-Jane Elliott, Jessica Hodgson, Carina Jurs
synairgen@consilium-comms.com
Tel: +44 (0) 20 3709 5700
MK Strategies, LLC (US Media Relations)
Mary Conway
MConway@MKCStrategies.com
Tel: +1 516 606 6545
Notes for Editors
About Synairgen
Synairgen is a clinical-stage respiratory drug discovery and development company founded by University of Southampton Professors Sir Stephen Holgate, Donna Davies and Ratko Djukanovic.
Synairgen is currently focused on developing its product candidate, SNG001 (inhaled interferon beta) for the treatment of COVID-19. SNG001 is potentially the first host-targeted broad-spectrum antiviral treatment delivered directly into the lungs. The Company is evaluating nebulised SNG001 in its Phase III clinical programme, which has been deemed an Urgent Public Health study by the UK's National Institute for Health Research (NIHR). SNG001 has also been granted Fast Track status from the US Food and Drug Administration (FDA). In a Phase II trial, COVID-19 patients with marked/severe breathlessness demonstrated a threefold greater chance of recovery when treated with SNG001 versus placebo.
Synairgen is quoted on AIM (LSE: SNG). For more information about Synairgen, please see www.synairgen.com
1. Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') a) Name Richard Marsden 2. Reason for notification a) Position / status Chief Executive Officer b) Initial notification / amendment Initial Notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Synairgen plc b) LEI 213800IMMTOPPDF8HD24 4. Details of the transaction(s): a) Description of the financial instrument Options over ordinary shares of 1p each Identification code GB00B0381Z20 b) Nature of the transaction Award of Options under the Company's share plans c) Price(s) and volume(s) 135,626 Options awarded d) Aggregated information n/a Aggregated volume Price e) Date of the transaction 4 June 2021 f) Place of the transaction Outside a trading venue 1. Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') a) Name Dr Phillip Monk 2. Reason for notification a) Position / status Chief Scientific Officer b) Initial notification / amendment Initial Notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Synairgen plc b) LEI 213800IMMTOPPDF8HD24 4. Details of the transaction(s): a) Description of the financial instrument Options over ordinary shares of 1p each Identification code GB00B0381Z20 b) Nature of the transaction Award of Options under the Company's share plans c) Price(s) and volume(s) 97,953 Options awarded d) Aggregated information n/a Aggregated volume Price e) Date of the transaction 4 June 2021 f) Place of the transaction Outside a trading venue 1. Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') a) Name John Ward 2. Reason for notification a) Position / status Chief Financial Officer b) Initial notification / amendment Initial Notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Synairgen plc b) LEI 213800IMMTOPPDF8HD24 4. Details of the transaction(s): a) Description of the financial instrument Options over ordinary shares of 1p each Identification code GB00B0381Z20 b) Nature of the transaction Award of Options under the Company's share plans c) Price(s) and volume(s) 105,487 Options awarded d) Aggregated information n/a Aggregated volume Price e) Date of the transaction 4 June 2021 f) Place of the transaction Outside a trading venue 1. Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') a) Name Jody Brookes 2. Reason for notification a) Position / status Head of Clinical Operations b) Initial notification / amendment Initial Notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Synairgen plc b) LEI 213800IMMTOPPDF8HD24 4. Details of the transaction(s): a) Description of the financial instrument Options over ordinary shares of 1p each Identification code GB00B0381Z20 b) Nature of the transaction Award of Options under the Company's share plans c) Price(s) and volume(s) 62,460 Options awarded d) Aggregated information n/a Aggregated volume Price e) Date of the transaction 4 June 2021 f) Place of the transaction Outside a trading venue
1. Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') a) Name Victoria Tear 2. Reason for notification a) Position / status Head of Laboratories b) Initial notification / amendment Initial Notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Synairgen plc b) LEI 213800IMMTOPPDF8HD24 4. Details of the transaction(s): a) Description of the financial instrument Options over ordinary shares of 1p each Identification code GB00B0381Z20 b) Nature of the transaction Award of Options under the Company's share plans c) Price(s) and volume(s) 49,968 Options awarded d) Aggregated information n/a Aggregated volume Price e) Date of the transaction 4 June 2021 f) Place of the transaction Outside a trading venue 1. Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') a) Name Richard Hennings 2. Reason for notification a) Position / status Chief Commercial Officer b) Initial notification / amendment Initial Notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Synairgen plc b) LEI 213800IMMTOPPDF8HD24 4. Details of the transaction(s): a) Description of the financial instrument Options over ordinary shares of 1p each Identification code GB00B0381Z20 b) Nature of the transaction Award of Options under the Company's share plans c) Price(s) and volume(s) 242,568 Options awarded d) Aggregated information n/a Aggregated volume Price e) Date of the transaction 4 June 2021 f) Place of the transaction Outside a trading venue
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(END) Dow Jones Newswires
June 07, 2021 02:00 ET (06:00 GMT)
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