Director/PDMR Shareholding

RNS Number : 4845Q

Plant Health Care PLC

18 June 2015

 

Plant Health Care plc

Thursday, 18 June 2015

PLANT HEALTH CARE plc (THE "COMPANY")

DIRECTOR'S DEALING - GRANT OF SHARE OPTIONS

On 16 June 2015, options over ordinary shares of 1p ("Ordinary Shares") were granted to the following Directors at an exercise price of 107p per share:

Dr. Christopher Richards             715,000 options

Dr. Richard H. Webb                  1,075,000 options

The options have been granted under the Company's Enterprise Management Incentive (EMI) option scheme and unapproved share option scheme and have a four-year life. 

Under the terms of the options, interests will vest in equal proportions on or after the three consecutive anniversaries of the grant, subject additionally to the following performance conditions linked to attainment of thresholds for the sixty day average closing share price:

Performance condition (Maximum threshold attained)	Proportion of options available for exercise
No condition	25%
150p	50%
175p	75%
200p	100%

Following the above-mentioned grants of options, the beneficial interest of the Directors concerned in the Ordinary Share capital of the Company is as shown below:

Name	Ordinary Share holding	Percentage of Ordinary Share capital	Share Options	LTIPs
Dr. Richards	76,324	0.11%	1,577,000	NIL
Dr. Webb	10,000	0.01%	1,203,205	NIL

-: Ends :-

Enquiries:

Plant Health Care plc

Andrew Wood, Company Secretary                    

Tel: [phone] 

[e-mail]

Liberum - Nomad and Broker

Clayton Bush                                                    

Tel: [phone]

LHA

Ed McGregor / Jody Burfening

Tel: [phone]

Company website: www.planthealthcare.com

About Plant Health Care: Plant Health Care is a leading provider of novel patent-protected biological products to the global agriculture markets.  Through the commercialisation of these products, Plant Health Care is capitalising on current long-term trends toward natural systems and biological products for plant care and soil and water management.  The Company's ordinary shares have been quoted on the AIM market of the London Stock Exchange since July 2004 (ticker symbol: PHC).

 

END

 

 

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