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Ergomed Award of Share Options

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RNS Number : 9186C  Ergomed plc  16 June 2023

 PRESS RELEASE

 

Ergomed Award of Share Options

 

Guildford, UK - 16 June 2023: Ergomed plc (LSE: ERGO) ("Ergomed" or the
"Company"), a company focused on providing specialised services to the
pharmaceutical industry, today announces that the following LTIP (Long Term
Incentive Plan) awards were made to Jonathan Curtain (Chief Financial Officer)
on 15 June 2023.

Mr Curtain was awarded a total of 28,866 options over the Company's ordinary
shares.  The options have an exercise price of 1 pence per share.  Of the
total option award to Mr Curtain, 75% will vest three years after the grant
date, conditional upon the achievement of total shareholder return of 15%
(compounded annual growth rate). The remaining 25% will vest three years after
the grant date subject to continued employment.  The option grant comprises
annual discretionary LTIP awards for which Mr Curtain is eligible.

The notification below, made in accordance with the requirements of Article 19
of the UK Market Abuse Regulation, provides further detail.

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                                                         Jonathan Curtain
 2   Reason for the notification
 a)  Position/status                                              Chief Financial Officer
 b)  Initial notification /Amendment                              Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Ergomed plc
 b)  Legal Entity Identifier                                      213800BVS8I9VMC1AP84
 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 1 pence each

     Identification code

                                                                   GB00BN7ZCY67
 b)  Nature of the transaction                                    Grant of options under the Company's Long Term Incentive Plan

 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                 Volume(s)
     1 pence                                                                                               28,866

 e)  Aggregated information                                       Options over 28,866 ordinary shares at an exercise price of 1 pence per share

     - Aggregated volume

     - Price

     - Aggregated total
 f)  Date of the transaction                                      15 June 2023
 g)  Place of the transaction                                     Outside a trading venue

 

 

 

 

 

ENDS

 

Enquiries:

 

Ergomed plc
 
Tel: +44 (0) 1483 402 975

Dr Miroslav Reljanović (Executive Chairman)

Jonathan Curtain (Chief Financial Officer)

Keith Byrne (Senior Vice-President, Capital Markets and

Strategy)

 

 

Numis Securities Limited (Nominated Advisor and Joint
Tel: +44 (0) 20 7260 1000

Broker)

Freddie Barnfield / Euan Brown/ Jack McLaren

 

 

Peel Hunt Securities Limited    (Joint Broker)
                        Tel: +44 (0) 20 7418 8900

James Steel / Dr Christopher Golden

 

Consilium Strategic Communications  - for UK enquiries         Tel:
+44 (0) 20 3709 5700

Chris Gardner / Matthew Neal
 
ergomed@consilium-comms.com

 

 

 

 

About Ergomed plc

Ergomed provides specialist services to the pharmaceutical industry spanning
all phases of clinical development, post-approval pharmacovigilance and
medical information. Ergomed's fast-growing services business includes an
industry-leading suite of specialist pharmacovigilance (PV) solutions,
integrated under the PrimeVigilance brand, a full range of high-quality
clinical research and trial management services under the Ergomed brand (CRO)
and mission-critical regulatory compliance and consulting services under the
ADAMAS brand. For further information, visit: http://ergomedplc.com
(http://ergomedplc.com) .

 

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.   END  DSHUVOKROKUNAAR

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