Grant of Options

RNS Number : 1075I

Inspiration Healthcare Group PLC

30 March 2020

 

30 March 2020

Inspiration Healthcare Group plc

("Inspiration Healthcare" or the "Company")

Grant of Options Under Sharesave Scheme

Inspiration Healthcare Group plc (AIM: IHC), the global medical device company, announces that four Persons Discharging Managerial Responsibilities ("PDMRs") were granted a total of 26,180 options over ordinary shares of 10 pence each in the capital of the Company ("Options") on 20 March 2020, under the Company's Sharesave Scheme (the "Scheme").

The Scheme is available to all employees subject to qualifying conditions. The Scheme was introduced to encourage wider employee share ownership of the Company. The Options are exercisable after three years at an exercise price of 55 pence, being a 20 per cent. discount to the closing price on 3 March 2020.

The Company announces the following PDMR dealings in accordance with article 19(3) of the Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.  Jon Ballard 2.  Tina Maynard 3.  John Nash 4.  Stephen Howard
2	Reason for the notification
a)	Position/status	1.  PDMR 2.  PDMR 3.  PDMR 4.  PDMR
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Inspiration Healthcare Group plc
b)	LEI	213800GKFT3ENAPMDL15
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 Identification code	O ptions over Ordinary Shares of 10p each in the capital of the Company ISIN: GB00BXDZL105
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  55 pence 2.  55 pence 3.  55 pence 4.  55 pence 1.  6,545 2.  6,545 3.  6,545 4.  6,545
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	20 March 2020
f)	Place of the transaction	Outside of a trading venue

Enquiries:

Inspiration Healthcare Group plc Neil Campbell, Chief Executive Officer Mike Briant, Chief Financial Officer	Tel: [phone]
Nominated Adviser & Broker Cenkos Securities plc Mark Connelly / Cameron MacRitchie (NOMAD)	Tel: [phone]
Cadogan PR  Alex Walters	Tel: [phone]

 

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