Director/PDMR Shareholding

RNS Number : 3923U

Ovoca Bio PLC

29 March 2019

 

Ovoca Bio plc

("Ovoca" or the "Company")

Grant of Share Options

Ovoca Bio plc (LSE: OVB; ISE:OVXA), a biopharmaceutical company focused on identifying and developing novel therapeutics targeting the large unmet needs in the treatment of female sexual dysfunction, announces that options (the "Options") over ordinary shares with a nominal value of 12.5 cent each in the share capital of the Company ("Ordinary Shares") have been awarded to certain PDMRs of the Company pursuant to the 2009 Share Option Plan, as set out below. The Options have an exercise price of 12.5 cent, a vesting period of 3 years and are subject to the satisfaction of performance conditions. In aggregate, the Company has granted options over a total of 7,100,000 Ordinary Shares to the below PDMRs and other employees of the Company. There were no other Options outstanding in the share capital of the Company prior to the grant of the Options summarised above.

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mikhail Mogutov
2	Reason for the notification
a)	Position/status	Executive Chairman, PDMR
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ovoca Bio plc
b)	LEI	213800ST2AK5XQ1O5207
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	Options over Ordinary Shares of nominal value €0.125 each ISIN: IE00B4XVDC01
b)	Nature of the transaction	Grant of share options under the 2009 Share Option Scheme Options have an exercise price of €0.125. Subject to three year vesting period from the date of grant, continued service and the satisfaction of certain performance conditions.
c)	Price(s) and volume(s)	Price(s) Volume(s) €0.125 2,200,000
d)	Aggregated information - Aggregated volume - Price	N/A (Single Transaction)
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	Outside of a trading venue

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Leonid Skoptsov
2	Reason for the notification
a)	Position/status	Non-Executive Director, PDMR
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ovoca Bio plc
b)	LEI	213800ST2AK5XQ1O5207
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	Options over Ordinary Shares of nominal value €0.125 each ISIN: IE00B4XVDC01
b)	Nature of the transaction	Grant of share options under the 2009 Share Option Scheme Options have an exercise price of 12.5c. Subject to three year vesting period from the date of grant, continued service and the satisfaction of certain performance conditions.
c)	Price(s) and volume(s)	Price(s) Volume(s) €0.125 200,000
d)	Aggregated information - Aggregated volume - Price	N/A (Single Transaction)
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	Outside of a trading venue

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Yury Radchenko
2	Reason for the notification
a)	Position/status	Non-Executive Director, PDMR
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ovoca Bio plc
b)	LEI	213800ST2AK5XQ1O5207
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	Options over Ordinary Shares of nominal value €0.125 each ISIN: IE00B4XVDC01
b)	Nature of the transaction	Grant of share options under the 2009 Share Option Scheme Options have an exercise price of 12.5c. Subject to three year vesting period from the date of grant, continued service and the satisfaction of certain performance conditions.
c)	Price(s) and volume(s)	Price(s) Volume(s) €0.125 200,000
d)	Aggregated information - Aggregated volume - Price	N/A (Single Transaction)
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	Outside of a trading venue

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tim McCutcheon
2	Reason for the notification
a)	Position/status	Non-Executive Director, PDMR
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ovoca Bio plc
b)	LEI	213800ST2AK5XQ1O5207
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	Options over Ordinary Shares of nominal value €0.125 each ISIN: IE00B4XVDC01
b)	Nature of the transaction	Grant of share options under the 2009 Share Option Scheme Options have an exercise price of 12.5c. Subject to three year vesting period from the date of grant, continued service and the satisfaction of certain performance conditions.
c)	Price(s) and volume(s)	Price(s) Volume(s) €0.125 200,000
d)	Aggregated information - Aggregated volume - Price	N/A (Single Transaction)
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	Outside of a trading venue

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nikolay Myasoyedov
2	Reason for the notification
a)	Position/status	Non-Executive Director, PDMR
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ovoca Bio plc
b)	LEI	213800ST2AK5XQ1O5207
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	Options over Ordinary Shares of nominal value €0.125 each ISIN: IE00B4XVDC01
b)	Nature of the transaction	Grant of share options under the 2009 Share Option Scheme Options have an exercise price of 12.5c. Subject to three year vesting period from the date of grant, continued service and the satisfaction of certain performance conditions.
c)	Price(s) and volume(s)	Price(s) Volume(s) €0.125 200,000
d)	Aggregated information - Aggregated volume - Price	N/A (Single Transaction)
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	Outside of a trading venue

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Chris Wiltshire
2	Reason for the notification
a)	Position/status	Non-Executive Director, PDMR
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ovoca Bio plc
b)	LEI	213800ST2AK5XQ1O5207
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	Options over Ordinary Shares of nominal value €0.125 each ISIN: IE00B4XVDC01
b)	Nature of the transaction	Grant of share options under the 2009 Share Option Scheme Options have an exercise price of 12.5c. Subject to three year vesting period from the date of grant, continued service and the satisfaction of certain performance conditions.
c)	Price(s) and volume(s)	Price(s) Volume(s) €0.125 200,000
d)	Aggregated information - Aggregated volume - Price	N/A (Single Transaction)
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	Outside of a trading venue

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Romulo Colindres
2	Reason for the notification
a)	Position/status	Non-Executive Director, PDMR
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ovoca Bio plc
b)	LEI	213800ST2AK5XQ1O5207
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	Options over Ordinary Shares of nominal value €0.125 each ISIN: IE00B4XVDC01
b)	Nature of the transaction	Grant of share options under the 2009 Share Option Scheme Options have an exercise price of 12.5c. Subject to three year vesting period from the date of grant, continued service and the satisfaction of certain performance conditions.
c)	Price(s) and volume(s)	Price(s) Volume(s) €0.125 200,000
d)	Aggregated information - Aggregated volume - Price	N/A (Single Transaction)
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	Outside of a trading venue

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Kirill Golovanov
2	Reason for the notification
a)	Position/status	Chief Executive Officer, PDMR
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ovoca Bio plc
b)	LEI	213800ST2AK5XQ1O5207
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	Options over Ordinary Shares of nominal value €0.125 each ISIN: IE00B4XVDC01
b)	Nature of the transaction	Grant of share options under the 2009 Share Option Scheme Options have an exercise price of 12.5c. Subject to three year vesting period from the date of grant, continued service and the satisfaction of certain performance conditions.
c)	Price(s) and volume(s)	Price(s) Volume(s) €0.125 2,200,000
d)	Aggregated information - Aggregated volume - Price	N/A (Single Transaction)
e)	Date of the transaction	27 March 2019
f)	Place of the transaction	Outside of a trading venue

END

Contact Information:

Ovoca Bio plc 

Kirill Golovanov (Chief Executive)

Tel [phone]

[e-mail]

Davy (Nominated Adviser, Euronext Growth Advisor and Broker)

John Frain / Daragh O'Reilly

Tel: [phone]

 

END

 

 

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