Director/PDMR Shareholding

RNS Number : 0951A

Immupharma PLC

02 June 2016

 

For Immediate Release                                                                                                                            2 June 2016

IMMUPHARMA PLC

Grant of Options

ImmuPharma PLC (LSE:IMM), ("ImmuPharma" or the "Company"), the specialist drug discovery and development company, has today granted a total number of 1,600,000 share options to certain of its directors and employees representing 1.31% of ImmuPharma's Ordinary Shares and total voting rights. The exercise price for these options is 43.88 pence being the closing middle market share price on 1 June 2016. The options are exercisable between three and ten years from the date of grant.

The Company has adopted a HM Revenue & Customs approved share ownership plan (CSOP) and an unapproved share option scheme.

The amount of options granted to directors are summarised in the following table:

Director	Options Granted
Tim McCarthy	500,000
Franco di Muzio	100,000
Stephane Mery	100,000

Following this grant of options, the total number of share options outstanding will be 3,080,000 representing 2.53% of ImmuPharma's total voting rights.

-Ends-

For further information please contact: ImmuPharma plc (www.immupharma.org) + 44 (0) 20 7152 4080 Tim McCarthy, Chairman Lisa Baderoon, Head of Investor Relations Twitter: @immupharma         + 44 (0) 7721 413 496 Panmure, Gordon & Co., NOMAD & Broker [phone] Fred Walsh, Duncan Monteith, Corporate Finance Charles Leigh-Pemberton, Corporate Broking

 

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