Grant of Options

RNS Number : 5266X

Circassia Group Plc

01 September 2020

 

Grant of options

Oxford, UK - 1 September 2020:  Circassia Group plc ("Circassia" or "the Company"; LSE: CIR), a specialty medical device company focused on respiratory disease, announces that it has granted 1,359,194 options over new ordinary shares in the Company.  These options were granted to UK based employees of the Group, following an offer to employees to subscribe to the Company's SAYE Share Option Scheme. The options were granted with an exercise price of 22.01p per share and are exercisable at the end of the three year SAYE period. 

The following Persons Discharging Managerial Responsibility ("PDMRs") chose to participate in the 2020 SAYE Scheme by responding to the invitation to participate prior to or on the closing date of 13 August 2020 in the following amounts: 81,781 were granted to Ian Johnson, Executive Chairman, 81,781 were granted to Michael Roller, Chief Financial Officer and 81,781 were granted to Jonathan Emms, Chief Operating Officer.

Contacts

Circassia Ian Johnson, Executive Chairman Michael Roller, Chief Financial Officer	c/o Peel Hunt
Peel Hunt (Nominated Adviser and Joint Broker) James Steel / Oliver Jackson	Tel: [phone]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	1.  Ian Johnson 2.  Michael Roller 3.  Jonathan Emms
2.	Reason for the notification
a.	Position/status	1.  Executive Chairman 2.  Chief Financial Officer 3.  Chief Operating Officer
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Circassia Group plc
b.	LEI	2138006YAT138TOGA556
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 0.08p each. GB00BJVD3B28 ISIN for the Ordinary shares
b.	Nature of the transaction	Award of share options granted under the SAYE Share Option Scheme over Ordinary Shares in Circassia
c.	Price(s) and volume(s)	Price(s) Volume(s) 1.  nil 1.  81,781 2.  nil 2.  81,781 3.  nil 3.  81,781
d.	Aggregated information · Aggregated volume · Price	n/a
e.	Date of the transaction	28 August 2020
f.	Place of the transaction	Outside a trading venue

 

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