Grant of options

RNS Number : 5645B

Medaphor Group PLC

04 April 2017

 

MedaPhor Group plc

("the Group" the "Company")

Grant of options

MedaPhor Group plc (AIM: MED), the global provider of advanced ultrasound training simulators for medical professionals, announces that Ian Whittaker, Chief Operating Officer, has today been granted 200,000 options over ordinary shares of the Company of 1 pence each ("Ordinary Shares"), pursuant to the MedaPhor Group plc EMI Share Option Scheme.

The exercise price of the options is 20.5p per Ordinary Share. 60,000 share options may be exercised between 5 April 2020 and 4 April 2027 ("the Lapse Date"), with the remaining options vesting subject to the achievement of certain financial performance criteria which must be achieved before the Lapse Date.

Enquiries:

MedaPhor Group plc	www.medaphor.com
Stuart Gall, CEO	Tel: [phone]
Cenkos Securities	Tel:  [phone]
Bobbie Hilliam (Nominated Adviser)
Julian Morse (Corporate Broking)
Walbrook PR	Tel: [phone] or [e-mail]
Paul McManus / Anna Dunphy	Mob: [phone] / Mob: [phone]

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ian Whittaker
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	MedaPhor Group plc
b)	LEI	N/A
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	Ordinary shares of 1p each ISIN: GB00BN791Q39
b)	Nature of the transaction	Grant of options over ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 200,000 share options
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 April 2017
f)	Place of the transaction	Outside a trading venue

 

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