Cancellation of share options
Download the full announcement
EKF Diagnostics Holdings plc (AIM: EKF), the AIM listed point-of-care business, announces that 250,000 share options over ordinary shares of 1 penny each (the “Ordinary Shares”) granted to a PDMR of the Company (the “Options”) have been cancelled at the election of the option holder in return for the payment of a one-off cash sum.
Details of the cancellation of the Options are set out below:
|
PDMR |
Role |
Number of Options being surrendered |
Cash payment (£) |
|
Martyn Lewis |
APAC Sales Director & Head of Marketing |
250,000 |
£15,625 |
The cash sum to be paid has been calculated by reference to the closing price of 33.5p, being the price at the time the offer was made to the option holder. There are no more share options held by Martyn Lewis following this cancellation.
Following the cancellation of the above, other share options remain over a total of 950,000 Ordinary Shares. These options are exercisable at various prices of between 20p and 37.625p and carry expiry dates ranging between 7 July 2023 and 6 April 2025.
Enquiries:
|
EKF Diagnostics Holdings plc |
www.ekfdiagnostics.com Tel: 00 44 29 2071 0570 |
| N+1 Singer (Nomad & Broker)
Aubrey Powell / Lauren Kettle / George Tzimas (Corporate Finance) Tom Salvesen (Corporate Broking) |
Tel: 020 7496 3000 |
|
Walbrook PR Limited |
Tel: 020 7933 8780 or Mob: 07980 541 893 / 07584 391 303 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Names |
Martyn Lewis – APAC Sales Director & Head of Marketing |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
See 1(a) above for position – classified as a PDMR of EKF |
|
b) |
Initial notification /Amendment |
Initial Notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
EKF Diagnostics Holdings plc |
|
b) |
LEI |
213800DXTF3EAUK1AR05 |
|
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 instrument |
In each case, the grant of Options over Ordinary Shares |
|
b) |
Identification code |
GB0031509804 |
|
c) |
Nature of the transaction |
Cancellation of Options over Ordinary Shares |
|
d) |
Price(s) and volume(s) |
Price – n/a Volume Martyn Lewis – 250,000 Options |
|
d) |
Aggregated information - Aggregated volume - Price |
250,000 N/A |
|
e) |
Date of the transaction |
11 June 2019 |
|
f) |
Place of the transaction |
Outside a trading venue |
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