REG - Cambridge Cognition - Block Admission Application & Exercise of Options

Cambridge Cognition HoldingsAnnouncement

21/03/2023 07:00

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RNS Number : 5850T  Cambridge Cognition Holdings PLC  21 March 2023

21 March 2023

 

Cambridge Cognition Holdings plc

 

("Cambridge Cognition", the "Company" or the "Group")

 

Block Admission Application

 

Exercise of Options and PDMR Dealing

 

Cambridge Cognition Holdings plc (AIM: COG), which develops and markets
digital solutions to assess brain health, announces that an application has
been made to the London Stock Exchange for a block admission of 1,000,000
ordinary shares of £0.01 each ("Ordinary Shares") to be admitted to trading
on AIM ("Block Admission").

 

The Block Admission relates to Ordinary Shares that will be issued from time
to time in accordance with the exercise of options previously granted by the
Company. All Ordinary Shares issued pursuant to the Block Admission above will
rank pari passu with the existing Ordinary Shares.

 

It is expected that the Block Admission will become effective on or around 23
March 2023.

 

In addition, the Company has issued and allotted 199,701 new Ordinary Shares
in the share capital of the Company following the exercise of 222,820 options
on 16 March 2023 ("Option Exercise"). Of the options exercised, 90,000 were
exercised utilising the net cashless exercise feature, resulting in 23,119
options being surrendered to the Company. The options were exercised pursuant
to the Cambridge Cognition Holdings 2013 EMI Share Option Plan. The new
Ordinary Shares will be admitted to trading pursuant to the Block Admission.

 

Included in the exercise of options were options over 119,534 Ordinary Shares
held by PDMRs of the Company as detailed in the table below:

 

 Director/ PDMR  Position                  Existing interest in Ordinary Shares  Number of Options over Ordinary Shares exercised  Resultant interest in Ordinary Shares  Rollover options remaining after exercise
 Ricky Dolphin   Chief Technology Officer  -                                     119,534                                           119,534                                -

 

 

Total voting rights

 

Following the issue of the new Ordinary Shares pursuant to the Option
Exercise, the total number of voting rights of the Company will be 34,815,389.
This figure may be used by shareholders as the denominator for the calculation
by which they will determine if they are required to notify their interest in,
or a change to their interest in Cambridge Cognition under the FCA's
Disclosure and Transparency Rules.

 

The Company intends to notify on a monthly basis when there are changes to the
issued share capital of the Company, and these monthly figures may be used by
shareholders as the denominator for the calculation by which they will
determine if they are required to notify their interest in, or a change in
their interest in, the share capital of the Company, under the FCA's
Disclosure Guidance and Transparency Rules.

 

 

Enquiries:

 

 Cambridge Cognition Holdings Plc                         Tel: 012 2381 0700

 Matthew Stork, Chief Executive Officer                   press@camcog.com (mailto:press@camcog.com)

 Stephen Symonds, Chief Financial Officer

 Panmure Gordon (UK) Limited (NOMAD and Joint Broker)     Tel: 020 7886 2968

 Freddy Crossley / Emma Earl                              (Corporate Finance)

 Rupert Dearden                                           (Corporate Broking)
 Dowgate Capital Limited (Joint Broker)                   Tel: 020 3903 7715

 David Poutney / James Serjeant

 IFC Advisory Ltd (Financial PR and IR)                   Tel: 020 3934 6630

 Tim Metcalfe / Graham Herring / Zach Cohen

 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                                                         Ricky Dolphin
 2 Reason for the notification
 a)  Position/status                                              Chief Technology Officer
 b)  Initial notification /Amendment                              Initial notification
 3 Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor
 a)  Name                                                         Cambridge Cognition Holdings Plc
 b)  LEI                                                          213800SZKDIN122EPA96
 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  Ordinary shares of 0.01p each

   Identification code

                                  GB00B8DV9647
 b)  Nature of the transaction                                    Exercise of Share Options
 c)  Price(s) and volume(s)                                          Price(s)         Volume(s)
                                  a)     £0.01        a)     19,721

                                  b)    £0.70         b)    1,600

                                  c)     £0.28        c)     98,213
 d)  Aggregated information

   -Aggregated volume                                          119,534

   -Price                                                      £0.24
 e)  Date of the transaction                                      20 March 2023
 f)  Place of the transaction                                     London Stock Exchange

 d)

 Aggregated information

 - Aggregated volume

 - Price

 119,534

 £0.24

 e)

 Date of the transaction

 20 March 2023

 f)

 Place of the transaction

 London Stock Exchange

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                                                         Ricky Dolphin
 2   Reason for the notification
 a)  Position/status                                              Chief Technology Officer
 b)  Initial notification /Amendment                              Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Cambridge Cognition Holdings Plc
 b)  LEI                                                          213800SZKDIN122EPA96
 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  Ordinary shares of 0.01p each

     Identification code

                                                                  GB00B8DV9647
 b)  Nature of the transaction                                    Exercise of Share Options
 c)  Price(s) and volume(s)                                          Price(s)         Volume(s)
                                                                  a)     £0.01        a)     19,721

                                                                  b)    £0.70         b)    1,600

                                                                  c)     £0.28        c)     98,213
 d)  Aggregated information

     - Aggregated volume                                          119,534

     - Price                                                      £0.24
 e)  Date of the transaction                                      20 March 2023
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

- Aggregated volume

- Price

 

119,534

£0.24

e)

Date of the transaction

20 March 2023

f)

Place of the transaction

London Stock Exchange

 

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