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RNS Number : 1891O C4X Discovery Holdings PLC 29 September 2023
C4X Discovery Holdings plc
("C4XD", "C4X Discovery" or the "Company")
Grant of Options and Directors Dealing
29 September 2023 - C4X Discovery Holdings plc (AIM: C4XD), a pioneering Drug
Discovery company, today announces that a total of 5,950,000 options over
ordinary shares of the Company were awarded pursuant to the 2014 Share Option
Plan to certain employees, which includes 400,000 options each to Dr Clive
Dix, Chief Executive Officer, Brad Hoy, Chief Financial Officer and Bhavna
Hunjan, Chief Business Officer as set out below.
Director Position Number of share options awarded Option exercise price per share (pence) Total number of options held
Dr Clive Dix Chief Executive Officer 400,000 15.1 1,245,000
Brad Hoy Chief Financial Officer 400,000 15.1 1,400,000
Bhavna Hunjan Chief Business Officer 400,000 15.1 1,255,556
The options have an exercise price of 15.1 pence, being the average 5-day VWAP
of the ordinary shares prior to the 29 September 2023. The options can be
exercised at any time between three and ten years of them being granted.
The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by person discharging
managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name(s) Dr Clive Dix
2 Reason for the notification
a) Position/status Chief Executive Officer, Director
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name C4X Discovery Holdings plc
b) LEI 213800UHNL82E323O870
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 Options over ordinary shares of one penny (£0.01) each in the share capital
of the Company - EMI 2014 Plan
Identification code
ISIN GB00BQQ2RV18
b) Nature of the transaction Grant of options over ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
15.1p 400,000
d) Aggregated information
e) Date of the transaction 29 September 2023
f) Place of the transaction London Stock Exchange - AIM
d)
Aggregated information
e)
Date of the transaction
29 September 2023
f)
Place of the transaction
London Stock Exchange - AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Brad Hoy
2 Reason for the notification
a) Position/status Chief Financial Officer, Director
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name C4X Discovery Holdings plc
b) LEI 213800UHNL82E323O870
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 Options over ordinary shares of one penny (£0.01) each in the share capital
of the Company - EMI 2014 Plan
Identification code
ISIN GB00BQQ2RV18
b) Nature of the transaction Grant of options over ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
15.1p 400,000
d) Aggregated information
e) Date of the transaction 29 September 2023
f) Place of the transaction London Stock Exchange - AIM
d)
Aggregated information
e)
Date of the transaction
29 September 2023
f)
Place of the transaction
London Stock Exchange - AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Bhavna Hunjan
2 Reason for the notification
a) Position/status Chief Business Officer, Director
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name C4X Discovery Holdings plc
b) LEI 213800UHNL82E323O870
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 Options over ordinary shares of one penny (£0.01) each in the share capital
of the Company - EMI 2014 Plan
Identification code
ISIN GB00BQQ2RV18
b) Nature of the transaction Grant of options over ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
15.1p 400,000
d) Aggregated information
e) Date of the transaction 29 September 2023
f) Place of the transaction London Stock Exchange - AIM
d)
Aggregated information
e)
Date of the transaction
29 September 2023
f)
Place of the transaction
London Stock Exchange - AIM
- Ends -
Contacts
C4X Discovery Holdings
Mo Noonan, Communications +44 (0)787 6444977
Panmure Gordon (UK) Limited (NOMAD and Broker)
Freddy Crossley, Emma Earl (Corporate Finance) +44 (0)20 7886 2500
Rupert Dearden (Corporate Broking)
C4X Discovery Media - Consilium Strategic Communications
Mary-Jane Elliott, Chris Gardner, Matthew Neal +44 (0)203 709 5700
Notes to Editors:
About C4X Discovery
C4X Discovery ("C4XD") is a pioneering Drug Discovery company combining
scientific expertise with cutting-edge Drug Discovery technologies to
efficiently deliver world leading medicines, which are developed by our
partners for the benefit of patients. We have a highly valuable and
differentiated approach to Drug Discovery through our enhanced DNA-based
target identification and candidate molecule design capabilities, generating
small molecule drug candidates across multiple disease areas including
inflammation, oncology, neurodegeneration and addictive disorders. Our
commercially attractive portfolio ranges from early-stage novel target
opportunities to late-stage Drug Discovery programmes ready for out-licensing
to partners and we have two commercially partnered programmes with one
candidate in clinical development.
We collaborate with leading pharmaceutical and life sciences companies to
enrich our expertise and take our assets through pre-clinical and clinical
development. Through early-stage revenue-generating licensing deals, we
realise returns from our high value pre-clinical assets which are reinvested
to maximise the value of our Drug Discovery portfolio.
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